OneWeb is now well on its way to being bought by a joint-venture between the UK government and India telco Bharti Global. A US bankruptcy court approved the sale of OneWeb to the consortium on July 10th in return for a guaranteed $1 billion sum which will be paid 50/50 by the UK and Bharti. […]
Australian telco Optus has ordered a new satellite (Optus 11) from Airbus Defence & Space. The craft will carry the industry’s latest ‘beam forming’ software and have the ability to configure payloads and traffic while in orbit. The contract calls for a launch in 2023 to the 160 degree East orbital slot. “Its location, coverage, […]
Ottawa-based Telesat has reportedly entered a bid for OneWeb’s satellite assets. But it isn’t alone. There will be an auction process on July 2nd in New York. The UK is widely reported to have committed to a $500 million (£405m) participation for a 20 per cent stake in OneWeb. The UK bid is said to […]
The European Space Agency (ESA) has chosen to build a £100 million space-tech incubation centre in Leicester, UK. The ESA is not part of the European Union Space Park Leicester is an extension of ESA’s existing Business Incubation thrust for R&D. It joins Harwell Campus in Oxfordshire, Sci-Tech Daresbury in the North West and the […]
Airbus Defence & Space and OneWeb are in a joint-venture to build up to an initial 900 of OneWeb’s Low Earth Orbiting (LEO) satellites at a factory in Florida and a subsequent 1600 follow-on Generation 2 satellites. Airbus has formally objected to the bankruptcy court which is handling the upcoming sale or auction of OneWeb’s […]