Showing posts with label OneWeb. Show all posts
Showing posts with label OneWeb. Show all posts

Sunday, March 29, 2020

OneWeb files for Chapter 11

OneWeb filed for Chapter 11 bankruptcy protection in a federal court in New York. The company said uncertainty due to the COVID-19 crisis derailed advanced negotiations might have fully funded the company through its deployment and commercial launch.

OneWeb said it intends to use these proceedings to pursue a sale of its business in order to maximize the value of the company.

So far, OneWeb has launched 74 satellites as part of its constellation, secured valuable global spectrum, begun development on a range of user terminals for a variety of customer markets, has half of its 44 ground stations completed or in development, and performed successful demonstrations of its system with broadband speeds in excess of 400 Mbps and latency of 32 ms. In addition, OneWeb’s commercial team has seen significant early global demand for OneWeb’s high-speed, low-latency connectivity services from governments and leaders in the automotive, maritime, enterprise, and aviation industries.

Adrian Steckel, Chief Executive Officer of OneWeb, stated, “OneWeb has been building a truly global communications network to provide high-speed low latency broadband everywhere. Our current situation is a consequence of the economic impact of the COVID-19 crisis. We remain convinced of the social and economic value of our mission to connect everyone everywhere. Today is a difficult day for us at OneWeb. So many people have dedicated so much energy, effort, and passion to this company and our mission. Our hope is that this process will allow us to carve a path forward that leads to the completion of our mission, building on the years of effort and the billions of invested capital. It is with a very heavy heart that we have been forced to reduce our workforce and enter the Chapter 11 process while the Company’s remaining employees are focused on responsibly managing our nascent constellation and working with the Court and investors.”

http://www.omniagentsolutions.com/onewebglobal

OneWeb prepares to launch its LEO constellation

OneWeb, which is planning to deploy a constellation of Low Earth Orbit satellites, secured $1.25 billion in new capital, enabling it to start mass production of satellites through its joint venture with Airbus. This round was led by SoftBank, Grupo Salinas, Qualcomm, and the Government of Rwanda. OneWeb has now raised to $3.4 billion to date.

OneWeb said it will now "embark on the largest satellite launch campaign in history." Satellites will be built at its new, state-of-the-art manufacturing facility in Exploration Park, Florida. The first launch occured on February 27th.  Starting in Q4, OneWeb will begin monthly launches of more than 30 satellites at a time, creating an initial constellation of 650 satellites to enable full global coverage. Further phases are planned.

"This latest funding round, our largest to date, makes OneWeb’s service inevitable and is a vote of confidence from our core investor base in our business model and the OneWeb value proposition," said Adrian Steckel, CEO of OneWeb. "With the recent successful launch of our first six satellites, near-completion of our innovative satellite manufacturing facility with our partner Airbus, progress towards fully securing our ITU priority spectrum position, and the signing of our first customer contracts, OneWeb is moving from the planning and development stage to deployment of our full constellation. Our success is made possible thanks to the backing of our investors and the cooperation of our world class commercial partners including Arianespace, Airbus, Qualcomm Technologies Inc., Virgin, and Hughes.”

On the additional investment, Marcelo Claure, COO of SoftBank Group Corp. and CEO of SoftBank Group International said: “OneWeb has extended its first-mover advantage and is on track to become the world’s largest and first truly global communications network. At SoftBank, our aim is to invest in transformative companies at the leading edge of technology disruption. OneWeb’s potential is undeniable as the growth in data from 5G, IoT, autonomous driving and other new technologies drives demand for capacity above and beyond the limits of the existing infrastructure.”

OneWeb’s priority rights to a large block of globally harmonized spectrum and its Low Earth Orbit (LEO) constellation design will enable a unique combination of high speed, low latency, and truly global service. OneWeb’s network will go beyond the limits of existing infrastructure, enabling connectivity for rural communities and schools as well as for business and industries that demand seamless global connectivity solutions such as Aviation, Maritime, Backhaul, and Land Mobility. OneWeb’s customers will be able to develop and support a wide range of emerging applications that require real-time communication and collaboration.

Thursday, August 15, 2019

OneWeb completes Ku- and Ka-band spectrum requirement

OneWeb’s satellites have been transmitting at the designated frequencies in the Ku- and Ka-band spectrum in the correct orbit for more than 90 days. This achievement means that OneWeb has met the requirements to secure spectrum bands over which it has priority rights under ITU rules and regulations.

OneWeb said it is well on its way to securing spectrum rights to high priority Ku-band spectrum for service links, and Ka-band for its global gateways. It will now have access to over 6 GHz of spectrum that will enable it to deliver its high-speed, low latency connectivity.

“Spectrum is a scarce resource and the ITU plays a vital role in the global management for access. The harsh reality for anyone trying to make a real impact on global connectivity is that no matter how good your network is, success is not possible without the right spectrum. With our spectrum now in use, OneWeb has proved it can bring together all the elements required – in space, on the ground, and in between – to change the face of connectivity everywhere”, said Ruth Pritchard-Kelly, Vice President of Regulatory for OneWeb.

This achievement is the latest in a string of major milestones charting OneWeb’s progress towards commercial service and full global coverage by 2021, including the successful launch of its first 6 satellites in February, the opening of its state-of-the-art Florida manufacturing facility earlier this month, and proving its ability to deliver low latency, high-speed services through its recent full HD streaming tests.

During the remainder of 2019, OneWeb will focus on commencing its monthly launch programme of more than 30 satellites per month, building an initial constellation of 650 satellites on its way to 1,980 satellites. The first phase of the constellation will provide global coverage; and further additions to the network will be focused on adding capacity to meet growing customer demands.

https://www.oneweb.world/

Tuesday, February 27, 2018

Seamless Air Alliance to ride OneWeb's LEO satellites

A new Seamless Air Alliance has been formed with the goal of providing better in-flight connectivity for passengers across airlines and irrespective of routes. Mobile operators would be able to extend seamless connectivity to their customers while in flight.

Key members of the alliance include Airbus, Delta, OneWeb, Sprint, and Bharti Airtel.

Low-latency, high-bandwidth in-flight connectivity will be delivered via OneWeb's forthcoming constellation of Low Earth Orbit (LEO) satellites. The partners expect to be able to lower costs as well.

The alliance aims to streamline system integration and certification, providing open specifications for interoperability, increasing accessibility for passengers, and enabling simple and integrated billing.

"What if the best internet you ever experienced was in the air? Keeping this goal in mind, together, we will enable an affordable and frictionless experience for passengers everywhere," said Greg Wyler, Founder and Executive Chairman of OneWeb. "With the launch of our first production satellites set for later this year, we're one step closer to bridging the global Digital Divide on land and in the air."

"Easy-to-use, high-speed connectivity is part of the next revolution in aerospace," said Marc Fontaine, Airbus Digital Transformation Officer. "We're excited to create this seamless experience for our airline customers and their passengers. As we showed with our Skywise aviation data platform, Airbus is committed to innovation that creates value across the aviation industry."


  • OneWeb has previously disclosed $500 million in finding from Airbus, Bharti Enterprises, Hughes Network Systems, (Hughes), a subsidiary of EchoStar Corp., Intelsat, Qualcomm, The Coca-Cola Company, Totalplay, a Grupo Salinas Company, owned by Ricardo B. Salinas, and Richard Branson's Virgin Group. OneWeb aims to launch a constellation of 648 small, low Earth orbit (LEO) satellites to provide global broadband and mobile telephone services. The system promises to bring more than 10 Tbps of new capacity.

Sunday, July 23, 2017

Intelsat seeks opportunity through OneWeb, only to be disappointed

by James E. Carroll

From its inception in August 1964, Intelsat has been at the forefront of satellite communications. It has also always been an organisation governed by considerable complexity. Intelsat's original structure was as an intergovernmental organisation (IGO) with 11 participating countries. Over the decades, hundreds of earth stations were built across the planet to receive and transmit signals from dozens of Intelsat satellites in orbit. Though its charter was that of a commercial endeavour, eventually Intelsat came to be governed by 100 member countries and its decision-making process became every bit as complex as if it were an agency of the United Nations. By the turn of the millennium, the public corporatisation movement was in full swing across the telecoms sector as state-owned carriers lost their monopoly status and were forced to attract private-sector investors and compete in the market. For the space sector, privitisation and competition also became mandates, and so in 2001 Intelsat transitioned into a publicly-traded company. Since then, it has experienced a very tumultuous period of reorganisations, buyouts, mergers and public relisting. Some of these bumps-in-the-road were covered in the first part of this article.

Building and launching satellites is extremely capital intensive. Owning and operating hundreds of earth stations in over 150 countries likewise requires a high operating expense budget. After decades in operation, Intelsat is laden with $14.523 billion of debt with many long-term bond holders. On a positive note, the company's revenue breakdown is well balanced: 39% for network service; 42% for media revenue; 17% for government revenue. Customer contracts in each of these segments are predictable and stable. However, though its contracted backlog amounts to $8.5 billion (future revenue under existing contracts), the company has struggled to convince investors that its best days are still ahead. Discounting for the heavy debt load, Intelsat’s market capitalisation is only $391.2 million. There are many cloud-focused software newcomers in Silicon Valley with higher market valuations, but nowhere near the potential of impacting so many people across the globe as Intelsat.

Looking for growth

Some might see Intelsat as a stodgy veteran with a history dating back to the Apollo moon shot era, but its current crop of EPIC Next Generation satellites has accelerated the pace of satellite design innovation. The new designs offer far more capacity, flexibility and potential lifespan than has been achieved to date. As the legacy satellite fleet reaches retirement, the new birds should easily absorb all the traffic from existing contracts while offering plenty of capacity for new applications such as in-flight connectivity for aircraft, mobile backhaul and broadband connectivity in remote locations.

Meanwhile, testing last autumn revealed that the Intelsat EPICNG  platform is exceeding its performance expectations. Specifically, Intelsat cited a 165% to 330% increase in spectral efficiency with ground platforms and modem technologies, and up to a 300% improvement in throughput using next generation antenna technology with its new EPICNG high-throughput satellite (HTS) platform.

The company said testing also confirmed that the EPICNG platform exceeds performance expectations transmitting to and from a flat-panel antenna designed for a new class of small remotely piloted aircraft. Now that it has four EPICNG  satellites in orbit and proven performance results from live testing, Intelsat's business trajectory should be reassuring to investors interested in space. But there is a new wave of hot start-ups in the space race that are gaining attention and investments.

OneWeb enters the scene

In January 2015, Richard Branson made headlines worldwide by announcing audacious plans to build, launch and operate the world's largest satellite network using Virgin Galactic’s LauncherOne space plane to put 648 small satellites into low earth orbit. OneWeb (previously WorldVu Satellite) initially announced $500 million in financial backing by the Virgin Group and Arianespace. Intelsat also announced an equity investment in the firm. The venture recruited Greg Wyler, who founded O3b Networks in 2007, as its leader. O3b Networks (the 'other 3 billion' people without Internet access). and which was recently acquired by SES, operates a constellation of 12 high throughput satellites (HTS) in a medium earth orbit (MEO) around 8,000 km from the Earth. O3b offers customers a 'fibre in the sky' solution, with each of the constellation's beams capable of delivering up to 1.6 Gbit/s of throughput at a low latency of less than 150 milliseconds, a significant improvement over geostationary connectivity. OneWeb now aims to replicate and expand on O3b's success by using hundreds of low-earth orbit (LEO) satellites instead of MEO satellites.

In June 2015, following a bidding competition, OneWeb selected Airbus Defence and Space for the construction of its broadband Internet satellites. The companies set an aggressive timeline to get its first satellites in orbit by the end of 2017 – an unprecedented pace. In December 2016, OneWeb raised $1 billion from SoftBank Group and $200 million from existing investors. Earlier this year, OneWeb announced it expected to sell all its capacity by launch time. The only announced capacity sold was for a joint Gogo and Intelsat venture. OneWeb has gone on to suggest that it might quadruple the size of its already massive satellite constellation to over 2,500 transmitting units in orbit.

Intelsat sees an opportunity, only to be disappointed

On February 28, 2017, Intelsat and OneWeb agreed to merge in a share-for-share transaction. Under the deal, SoftBank was to invest $1.7 billion in newly issued common and preferred shares of the combined company. This provided for debt exchange offers to certain existing Intelsat bondholders. The stated goal was to reduce Intelsat's debt by approximately $3.6 billion via this $1.7 billion investment. From a technology perspective, the deal sought to integrate OneWeb's LEO satellite constellation with Intelsat’s global scale, terrestrial infrastructure and GEO satellite network.

In June, after several rounds of negotiations, the merger talks collapsed. The apparent reason was that Intelsat bondholders were unsatisfied with Softbank's offer to pay only a portion of the face value of their notes. Concerning the collapsed merger, Intelsat CEO Stephen Spengler said:

-    "There were many stakeholders’ interests that needed to be satisfied in this complex transaction. We are disappointed that our bondholders were unwilling to accept the terms of the exchange offers presented over the course of this process. Even without a merger of our companies, the pre-existing commercial agreement among Intelsat, OneWeb and SoftBank will continue. Under this agreement, I plan to jointly develop integrated solutions utilising both fleets and to act as a sub-distributor to SoftBank for the attractive application segments of mobility, energy, government and connected car".

On June-22nd, the FCC approved a OneWeb's request to access the U.S. satellite market. Specifically, the FCC approved OneWeb proposal to access the U.S. market using a global network of 720 low-Earth orbit satellites using the Ka (20/30 GHz) and Ku (11/14 GHz) frequency bands.

In conclusion, this week’s successful launch of Intelsat 35e is a positive development for Intelsat even though its proposed merger with OneWeb has been withdrawn. OneWeb's LEO satellites would benefit from Intelsat’s GEO capacity, and Intelsat would be rejuvenated by opportunities such as connected cars.

Sunday, June 28, 2015

OneWeb Advances its Vision for Ku-band LEO Constellation

OneWeb, the venture planning to build, deploy and operate a low earth orbit (“LEO”) Ku-band satellite constellation, announced $500 million in funding from  Airbus, Bharti Enterprises, Hughes Network Systems, (Hughes), a subsidiary of EchoStar Corp., Intelsat, Qualcomm, The Coca-Cola Company, Totalplay, a Grupo Salinas Company, owned by Ricardo B. Salinas, and Richard Branson's Virgin Group.

"The dream of fully bridging the digital divide is on track to be a reality in 2019,” said Greg Wyler, founder of OneWeb. “Together with our committed and visionary founding shareholders we have the key elements in place: regulatory, technology, launches, satellites, as well as commercial operators in over 50 countries and territories. We are committed to solving one of the world’s biggest problems – enabling affordable broadband Internet access for everyone. We are excited about the next phase, which will involve working with countries, telecom operators and aid organizations to help them realize their goals of open and ubiquitous access.”

Some highlights on the OneWeb plan:
  • OneWeb aims to launch a constellation of 648 small, low Earth orbit (LEO) satellites to provide global broadband and mobile telephone services.
  • The system will bring more than 10 Tbps of new capacity to rural areas around the globe.
  • OneWeb’s User Terminals will provide high-speed connectivity with no change in latency during satellite handovers to ensure excellent voice quality, gaming and web experience. The terminals can operate with optionally included solar panels, battery packs, and WiFi/LTE/3G and 2G radios to provide coverage directly to cell phones, tablets and laptops.
  • OneWeb's microsatellites will use onboard GPS sensors and ground-tracking measurements to know their position within meters. The satellites will be able maneuver to avoid obstacles.  They will automatically de-orbit at end-of-life to minimize the space junk problem.
  • OneWeb has developed a “Progressive Pitch” technology that enables it to use satellite spectrum in the most efficient way by gradually and slightly tilting the satellites as they approach the equator to make sure they never cause, or receive, interference from GEO satellites.
  • OneWeb has contracted Arianespace for 21 multi-satellite launches on Soyuz rockets beginning in 2017, plus options for five (5) additional Soyuz launches and three (3) Ariane 6 launches. 
  • OneWeb satellites will be launched into a near polar orbit at an altitude of 500 kilometers before raising themselves to their operational orbit.
  • OneWeb satellites will weigh less than 150kg.
  •  Virgin Galactic has been selected to provide 39 singlel-sat launches using it's LauncherOne smallsat launch vehicle.
  • Intelsat will partner with OneWeb to use OneWeb’s LEO platform, once established, to complement Intelsat’s geostationary orbit (“GEO”) satellite services, resulting in the first and only fully global, pole-to-pole high throughput satellite system. 
  • Intelsat will make a minority share investment of $25 million in OneWeb. 

http://www.oneweb.world/