Tag: Neil Masterson

OneWeb completes acquisition of TrustComm

OneWeb, the low Earth orbit (LEO) satellite communications company, announced that it has completed its acquisition of Texas-based TrustComm Inc., a provider of managed satellite communications and professional services to commercial and governments organizations. OneWeb announced the planned acquisition of TrustComm in May 2021 and received all necessary regulatory approvals enabling the transaction to close.…

Hughes and OneWeb join hands for Low Earth Orbit Satellite Service in U.S. and India

Hughes Network Systems, LLCĀ (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, and OneWeb, the low Earth orbit satellite communications company, announced that they have signed a distribution agreement in the U.S. focused on enterprise services. In India, the parties have entered into an MOU for a strategic agreement to distribute…

OneWeb gets $300m equity investment from South Korea-based Hanwha Systems

Hanwha, the South Korean Fortune 500, global technology and manufacturing company has announced a USD $300m equity investment by Hanwha Systems in OneWeb, the Low Earth Orbit (LEO) satellite communications company. Hanwha brings further defence capabilities and the latest antenna technologies to OneWeb, alongside relationships to new government customers and expanded geographical reach, the statement…

OneWeb secures additional $500m investment from Bharti Global

OneWeb, the global Low Earth Orbit (LEO) satellite communications company, has secured further fund-raising on the anniversary of the successful bid by UK Government and Bharti Global (Bharti) to purchase OneWeb from US Chapter 11 to bring its total funding to $2.4 billion. OneWeb has completed its transformation with the exercise of a Call Option…

OneWeb ropes in Per Borgklint as Chief Commercial Officer

Bharti-backed global communications company, OneWeb, said it has appointed former Ericsson SVP Per Borgklint as its Chief Commercial Officer. ā€œWe are thrilled to have Per Borgklint joining the OneWeb team as CCO! With over 20 years of experience in leadership positions, Per will be spearheading our go-to-market strategies across all key verticals, and bringing further…