£394M
OneWeb secures £393.8m from Eutelsat Communications to expand its space-based communications network
Eutelsat Communications has provided a £393.8m growth equity investment to secure a stake in the low Earth orbit satellite operator.

OneWeb builds a global communications network powered by low Earth orbit satellites.
OneWeb operates a global communications network powered from space, delivering high-speed and low-latency broadband connectivity. The company deploys low Earth orbit satellites to bridge the digital divide and provide worldwide data services.
Greg Wyler
Chairman and Founder
Eutelsat Communications has provided a £393.8m growth equity investment to secure a stake in the low Earth orbit satellite operator.
The major funding round was led by SoftBank, Grupo Salinas, Qualcomm Technologies, and the Government of Rwanda to accelerate deployment of the satellite constellation.