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ARTICLE · 12 APRIL 2016

Space Business Review January 2016

Milbank
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Milbank

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On January 26, OneWeb, Ltd. (OneWeb) and Airbus Defence and Space announced the establishment of OneWeb Satellites, a 50-50 joint venture that will design and manufacture the 648 satellites that will comprise the OneWeb constellation.

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ONEWEB AND AIRBUS FORM JV

On January 26, OneWeb, Ltd. (OneWeb) and Airbus Defence and Space announced the establishment of OneWeb Satellites, a 50-50 joint venture that will design and manufacture the 648 satellites that will comprise the OneWeb constellation. Including spares, the joint venture is expected to manufacture roughly 900 satellites for OneWeb, all at a facility in North America, except for the first 10, which will be designed and built in France; the joint venture will also be able to manufacture satellites, platforms and components for other customers. The OneWeb constellation will provide affordable broadband Internet access to users across the globe.

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