Tag Archives: SoftBank

SoftBank and Loon team up in global internet race

HAPSMobile, a joint venture created by Japan’s SoftBank Corp. and California-based AeroVironment, is jumping into the race to provide global broadband access from above, alongside SpaceX, Amazon, OneWeb and Telesat. Unlike those four companies, HAPSMobile plans to use high-flying, solar-powered planes rather than … Continue reading

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SoftBank backs Intelsat-OneWeb merger

Intelsat and OneWeb today laid out plans for a mega-merger aimed at bolstering their satellite internet services, with a $1.7 billion investment boost from SoftBank. The arrangement is a head-turner, due to the complicated conditions of the deal as well … Continue reading

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SoftBank boosts OneWeb satellite network

The OneWeb internet satellite venture says it has secured another $1.2 billion in investment, including a billion dollars from SoftBank Group. OneWeb said the new infusion of capital will support the construction of a high-volume satellite production facility in Exploration … Continue reading

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