OneWeb aims to “streamline” future constellation from 48,000 to 6,000 sats and announces further funding

by | Jan 15, 2021 | Constellation, Finance, Seradata News

In a surge of activity, OneWeb – recently purchased by British/Indian interests – has applied to the US FCC for a “minor” amendment to its Phase 2 constellation proposal involving a considerable reduction in its planned number of satellites. In addition to this, on 15 January, it announced US$400 million in further funding from previous majority investor SoftBank and long-time partner EchoStar Hughes.

Firstly, OneWeb is requesting what it describes as a “minor amendment” to the previously accepted Phase 2 constellation proposal. This entails reducing the number of Phase 2 satellites from nearly 48,000 to just 6,372. It is believed, and hoped, that this near 85 per cent reduction will allow OneWeb to provide a superior end-product while simultaneously supporting a “Responsible Space” vision. Concerns have previously been raised by scientific and astronomical groups about the effects that mega-constellations may have on their fields.

The second development is the securing of US$400 million of extra funding for the project. Part of this amount – US$50 million – is the consummation of an agreement made during Chapter 11 proceedings between the new owners and EchoStar Hughes. The rest, from giant Japanese conglomerate SofBank Group, acts as a bridge between the old company and the new. With these additions the funding available to new OneWeb totals US$1.4 billion.




About Seradata

Seradata produce the renowned SpaceTrak Launch & Satellite Database. Trusted by 100 of the world’s leading Space organisations, SpaceTrak is a fully queryable database used for market analysis, failure/risk assessment, spectrum analysis and space situational awareness (SSA).

For more information go to

Related Articles

Soyuz 2.1b/Fregat launches 36 OneWeb satellites from Vostochny

A Soyuz 2-1b/Fregat was launch from Vostochny in Eastern Russia at 1226 GMT on 18 December carrying 36 OneWeb communications Read more

Departure of Dominic Cummings loses UK Space Industry its biggest supporter in Downing Street

Dominic Cummings, the principal adviser to UK Prime Minister Boris Johnson, and the driving force for Brexit and the purchase Read more

November sale of OneWeb to British/Indian interest? Now approved by bankruptcy court and US agencies

The Bankruptcy Court for the Southern District of New York announced its approval of the joint British/Indian takeover bid of Read more

EchoStar Hughes reinvests in OneWeb project with second US$50 million

The Hughes Network Systems portion of satellite operator EchoStar Corp., announced on 27 July 2020 that it would be investing Read more

UK Govt teams with India’s Bharti Global telecoms company to get stake in OneWeb (Updated)

OneWeb, the partially completed low Earth orbit (LEO) communications satellite constellation, currently moribund in Chapter 11 bankruptcy protection, has at Read more

UK Government fronts up £500 million as part of bid for OneWeb

The UK Government is reportedly providing £500 million as part of one of the bids for the partially completed OneWeb Read more

OneWeb files for Chapter 11 after its failure to raise finance is blamed on COVID-19

OneWeb LLC, a major player in the nascent LEO (Low Earth Orbit) satellite communications market, put itself into Chapter 11 Read more

Despite Coronavirus crisis Russians launch Soyuz carrying 34 OneWeb satellites

While COVID-19 has hobbled the launch plans of many satellite operators at other sites, Russia and China are continuing with Read more

Cookies & Privacy

Click here to read about use of cookies on the website