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OneWeb raises $1.25 billion from returning investors

The Economist Asks
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1 year ago

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The Lake Show with Henry Lake
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Maeve Kennedy Townsend McKean's body recovered

WTOP 24 Hour News
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Acting Navy secretary rips ousted captain of aircraft carrier

AP 24 Hour News
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5 hrs ago

Wisconsin Supreme Court rules that governor cannot postpone Tuesday's presidential primary, despite virus outbreak fears

KCBS Radio Afternoon News
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11 hrs ago

Trump says USNS Comfort to be used for coronavirus patients

Jay Talking
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5 hrs ago

U.S. Will Give Terrorist Label to White Supremacist Group for First Time

Coast to Coast AM with George Noory
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3 hrs ago

Afghanistan: Taliban breaks off 'fruitless' prisoner exchange talks

BBC World Service
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3 hrs ago

New York coronavirus deaths 'effectively flat' as U.S. braces for peak cases in hot spots

AP 24 Hour News
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3 hrs ago

Fox News' dangerous hypocrisy on the coronavirus, exposed

AP 24 Hour News
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3 hrs ago

Ex-Vatican treasurer Cardinal Pell freed after winning appeal over child abuse

All Things Considered
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4 hrs ago

Automatic TRANSCRIPT

One. Webb has raised one point two five billion dollars in funding in order to assure it will launch its global high speed broadband network in twenty twenty one they said, we we always targeted twenty twenty one. But having this latest round, make sure we're gonna do it one web successfully launched its first satellite. Last month. Investors include SoftBank the government of Rwanda Coca-Cola Qualcomm, Richard Branson's Virgin group among many, others one website. It can now start monthly satellite launches by the end of the year it needs at least six hundred fifty units in orbit for minimum global coverage. They think they might want to have around two thousand up there. And they're not the only company doing it space x probably the most famous that has ambitions to do this and Luxembourg based Leo set, also pursuing this. But one Webb has the first mover advantage. Whether that's good or not we talk about how it isn't always necessarily good. But in something as difficult as a satellite broadcast, it might be and the reason someone like the government of Rwanda wants to back. This is it's targeted at rural areas in developing countries where it is difficult to roll out infrastructure, but the benefits of having connected. He can be great.