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Facebook confirms working on a low-earth orbit internet satellite named Athena
News & Analysis

Facebook confirms working on a low-earth orbit internet satellite named Athena

Facebook is working on launching Athena, its own Internet satellite, early in 2019.

US telecom regulator approves SpaceX to build a global broadband network using satellites
News & Analysis

US telecom regulator approves SpaceX to build a global broadband network using satellites

The system proposed by privately held SpaceX, as Space Exploration Holdings is known, will use 4,425 satellites, the FCC said.

SoftBank will invest $1 billion in Satellite Venture OneWeb as part of the $50 billion pledge to USA
News & Analysis

SoftBank will invest $1 billion in Satellite Venture OneWeb as part of the $50 billion pledge to USA

SoftBank Group Corp has agreed to invest $1 billion in U.S. satellite venture OneWeb Ltd, marking the first tranche of a $50 billion U.S. investment the Japanese telecoms and technology company's founder Masayoshi Son pledged to President-elect Donald Trump.

OneWeb sets record launch plan after $500 million funding
News & Analysis

OneWeb sets record launch plan after $500 million funding

Privately owned OneWeb announced what it called the world's largest commercial rocket deal on Thursday after raising $500 million from a group of global investors to support its plans to bring broadband to billions of people via satellite.

Airtel acquires minority stake in satellite firm OneWeb
Business

Airtel acquires minority stake in satellite firm OneWeb

The OneWeb mission is like the Facebook-led Internet.org initiative which states that it aims to bring 5 billion people online in partnership with tech giants like Smasung and Qualcomm.

Largest-ever satellite network will provide high speed internet globally
News & Analysis

Largest-ever satellite network will provide high speed internet globally

A firm backed by Virgin and Qualcomm is planning to launch the world's largest-ever satellite network to provide high-speed Internet access around the world.