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June 26, 2015 10:00 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/07mzDlvMtwE/oneweb-secures-largest-ever-rocket-acquisition-for-satellite-internet-launch
OneWeb Secures "Largest Ever" Rocket Acquisition For Satellite Internet Launch
Mickeycaskill writes: Virgin, Airbus and Qualcomm-backed satellite Internet venture OneWeb has acquired 65 rockets and $500 million in funding to launch its satellites by 2019. OneWeb has partnered with Airbus to produce 900 microsatellites which will provide "affordable", fast, low-latency Internet to remote parts of the world and to ships, planes and oil rigs. It has also been suggested the network will be a cheaper way for mobile operators to expand coverage in rural areas. Other partners include Bharti Enterprises, Hughes Network Systems, Intelsat, Coca-Cola and Totalplay, all of whom have committed financial, technical or manufacturing support to the project.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/07mzDlvMtwE/oneweb-secures-largest-ever-rocket-acquisition-for-satellite-internet-launch
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