OneWeb scaled back its next generation constellation plans while also announcing hundreds of millions of dollars in additional funding that helps the company move closer to placing the initial 648 satellites into service.
OneWeb
OneWeb emerges from bankruptcy, ready to launch
OneWeb emerged from bankruptcy protection on Friday, poised to resume satellite launches and bring is constellation into service. The company also has a new CEO, and a satellite production facility that won’t be moving to the UK after all.
Gogo confirms "extensive" discussions to sell commercial airline inflight connectivity business
For more than two years Gogo teased the idea of splitting the company between its Commercial (airline) and Business (private) Aviation segments. The rumblings ebb and flow, but by mid-July the tone of the conversation was undeniable. Now the company confirmed the news. Gogo has retained outside advisors to assist with the formal process to “evaluate our strategic options” for the business.
Global Eagle refocuses on long-term outlook
There is an air of optimism, of relief emanating from the C-Suite at Global Eagle this week. And, to be sure, a realization that massive amounts of work remain for the company to truly succeed, but a conversation with CEO Josh Marks and President Per Noren suggests massive optimism now that the company’s interest payment burdens halve thanks to an agreement to convert debt to equity through the Chapter 11 bankruptcy filing made on Wednesday.
Accessible Lavs and more wifi flying: The Weekly Wrap–10 July 2020
Improved wifi offerings from multiple vendors leads this edition of the Weekly Wrap, while an option for more accessible lav access is our feature interview. Plus lots more!
OneWeb secures funding from Bharti, UK Gov’t
The UK government and Indian telecom giant Bharti Global Limited won the assets of aspiring satellite operator OneWeb in a bankruptcy auction. Each party will invest $500 million in the company as part of the recapitalization plan. Subject to further government and regulatory approvals and funding, OneWeb will resume manufacture, launch and operation of its satellite constellation.
Slot jockeying and Wifi Deals: PaxEx Update for 2019-09-20
Jockeying for more access to Heathrow and more fast wifi flying lead this week’s PaxEx news, with a new livery and loyalty program buy-back also making waves.
OneWeb, Iridium look to partner on LEO-based solutions
Iridium is taking full advantage of its Partners Conference this week to bolster its market position. Following yesterday’s announcement of a major US Department of Defense contract the company announced today a Memorandum of Understanding with LEO upstart OneWeb to see if there are synergies in the Low Earth Orbit (LEO) neighborhood that could allow the two companies to grow better together rather than apart.
OneWeb plans faster inflight connectivity network
With a mission statement of “Internet access everywhere, for everyone” OneWeb has plenty of markets where it can deliver its product to excited customers. Going forward the company wants commercial aviation to be a large part of that conversation. The company is starting to talk in detail about its plans for joining the market, and its targets are significant.
OneWeb launches high-speed satellite production facility
How does a company get a 650 satellite constellation into operation affordably and before the earliest builds are outdated? Building two a day in a brand new facility should help. Here’s how OneWeb is making it happen.