£18m for OneWeb satellite constellation to deliver global communications

UK Space Agency funding of £18 million has been awarded to OneWeb, a UK business through the European Space Agency according to a report. This is to support the development of next generation satellite constellation with the vision to provide affordable global Internet coverage.

In approximation, according to the report, the system will be composed of 650 satellites initially and will scale to 900 satellites over time. The initiative is poised to leverage the use of cost effective spacecraft launch to deploy satellites that could ensure global Internet connectivity to individuals and businesses across the world.