Japan’s SoftBank Invests $1 Billion in OneWeb

Posted on 12/19/2016

Japan’s SoftBank Group Corporation is investing US$ 1 billion in London-based OneWeb, formerly known as WorldVu. The company is constructing a group of satellites to provide affordable internet access. OneWeb has raised US$ 1.2 billion in its latest funding round. This OneWeb deal is separate from the SoftBank Vision Fund. OneWeb is expected to create […]

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