⏳ Final hours! Save up to 60% OFF InvestingProCLAIM SALE

OneWeb launches 36 satellites from Russia to extend internet orbit

Published 03/25/2021, 10:03 AM
Updated 03/25/2021, 10:20 AM
© Reuters. A rocket booster with satellites of British firm OneWeb blasts off from a launchpad at the Vostochny Cosmodrome in Amur Region

MOSCOW (Reuters) - OneWeb launched 36 satellites into orbit from a cosmodrome in the far east of Russia on Thursday as part of the satellite firm's plans to deliver global high-speed internet access.

The launch, carried out by Arianespace from the Vostochny cosmodrome, brought the number of in-orbit satellites to 146, part of a fleet designed to deliver high-speed, low-latency global connectivity, the satellite operator said.

OneWeb said this was the second in a five-launch programme that will enable its connectivity to reach all regions north of 50 degrees latitude by the middle of 2021.

"These services will cover the United Kingdom, Alaska, Northern Europe, Greenland, Iceland, the Arctic Seas and Canada, and will be switched on before the end of the year," it said.

"OneWeb then intends to make global services available in 2022," it added.

OneWeb resumed flights in December after emerging from bankruptcy protection with $1 billion in equity investment from a consortium of the British government and India's Bharti Enterprises, its new owners.

© Reuters. A rocket booster with satellites of British firm OneWeb blasts off from a launchpad at the Vostochny Cosmodrome in Amur Region

Founded in 2014 by entrepreneur Greg Wyler, OneWeb planned to launch some 650 satellites into low earth orbit to provide universal internet but struggled to raise funds.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.