Satellite News

Just another satellite weblog

OneWeb secures $1.25 billion in new funding after successful launch

Submit on Monday, March 18th, 2019 22:58

OneWeb said it has secured its largest fundraising round to date with the successful raise of US$1.25 billion in new capital. This brings the total funds raised to US$3.4 billion. This round was led by SoftBank Group Corp., Grupo Salinas, Qualcomm Technologies Inc., and the Government of Rwanda.

This entry was posted on Monday, March 18th, 2019 at 10:58 pm and is filed under BUSINESS. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.