OneWeb secures investment from Softbank and Hughes Network Systems
OneWeb, the Low Earth Orbit (LEO) satellite communications company jointly owned by the UK Government and Bharti Global, has secured additional funding from SoftBank Group Corp. (“SoftBank”) and Hughes Network Systems LLC (“Hughes”), bringing OneWeb's total funding to $1.4 billion. The capital raised to date positions the Company to be fully funded for its first-generation satellite fleet, totaling 648 satellites, by the end of 2022.
ROBERT STEELE: I am personally opposed to satellite Internet dependency for four reasons:
01 Satellite performance is low compared to very high speed fiber, even in rural areas where a combination of fiber to churches and mesh within neighborhoods would be superior;
02 Satellites and their links are too easily interrupted or corrupted (data);
03 Satellites create radiation sickness — until we solve the problem of eliminating electromagnetic pollution and its adverse effects on humans as well as all other forms of life, we should have a moratorium on wireless; and
04 There is so much space junk up there now that a near-term disaster is certain — until we clean up near space, with or without stellar civilization help, any proposed satellite constellation is dubious at best.
Here is what a global fiber and free energy grid looks like per Buckminster Fuller. I might add that a super tunnel connecting Russia to Alaska, and a new federation integrating Canada and Mexico with Quebec and the First Nations in each are inevitable. My geographic priorities are also shown below.
