OneWeb

UK space internet firm ready for lift-off

A rocket
ESA/CNES/ARIANESPACE

UK based start-up OneWeb has secured $1.25bn (£940m) in new funding enabling it to speed up its plans to launch a global high-speed broadband network.

The firm said the money meant its 2021 launch was now "inevitable".

The funding comes after the company successfully launched its first satellites for the service last month.

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