OneWeb, the company aiming to bring the internet towards the Â 31% of the worldâs population who also donât have access to 3G connectivity, is usually moving one step closer to getting its satellite services back to World.
The billionaire-backed corporation, that has raised over $1. 7 billion dollars from Virgin Group, SoftBank, Coca Cola, Bharti Group, Qualcomm plus Airbus; just announced an exclusive $190 million contract with Echostar subsidiary Hughes Network SystemsÂ to provide a number of the terrestrial infrastructure necessary to distribute its internet services.
Through the offer, Hughes Network Systems will manufacture a ground network system to aid OneWebâs low earth orbit satellites.
The contract is an extension of an earlier agreement the companies signed in June 2015 and leaves OneWeb on track to deliver its first connectivity services by 2019.
Through the deal, Hughes Network Systems will produce gateway sites with several access points for satellite tracking to smooth the handoff of high-speed user traffic between satellites.
In all, the offer brings the total contract between OneWeb and the Echostar subsidiary to roughly $300 million.
âThe start of production of the ground system is a major step towards fulfilling OneWebâs goal of bridging the digital divide, leaving no one behind,â said Greg Wyler, Founder and Executive Chairman of OneWeb, in a statement. âWe are excited to deploy this essential part of our network as we ramp up to launch the first of our fleet early next year and provide service to every rural home in Alaska starting in 2019.â
The two companies began developing the ground network system two years ago and the offer cals for equipment to support satellite access points in gateway locations around the world â? including purpose-built switching systems, outdoor modems and power amplifiers.
With the contract in place, shipments will begin in the middle of 2018.
For folks who donât know (which was me, until today), Hughes Network supplies roughly 1 / 2 of the market for satellite-based connectivity services and is the company behind your spotty internet connectivity on airplanes around the world.
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