3/21, 2:30 PM (Source: TeleTrader)
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OneWeb to resume satellite launches with SpaceX

OneWeb announced on Monday that it will resume satellite launches through an agreement with Space Exploration Technologies Corp., also known as SpaceX.

According to the press release published by the satellite communications company, the OneWeb platform will offer high-speed, low-latency connectivity globally. The first SpaceX launch is scheduled for 2022 and will expand OneWeb's total in-orbit constellation, which currently comprises 428 satellites, 66% of the entire fleet.

"We thank SpaceX for their support, which reflects our shared vision for the boundless potential of space. With these launch plans in place, we're on track to finish building out our full fleet of satellites and deliver robust, fast, secure connectivity around the globe," stated OneWeb CEO Neil Masterson.

Baha Breaking News (BBN) / JG