SoftBank Reinvests In OneWeb

OneWeb satellites being prepared for launch to low Earth orbit.
Credit: OneWeb
LONDON—Japan’s SoftBank has re-invested in OneWeb, the satellite communications company that was sent into Chapter 11 nine months ago after the Tokyo-based holding company withdrew its support. The new $350 million investment announced Jan. 15 secures SoftBank a seat on OneWeb’s board of directors...
Tony Osborne

Based in London, Tony covers European defense programs. Prior to joining Aviation Week in November 2012, Tony was at Shephard Media Group where he was deputy editor for Rotorhub and Defence Helicopter magazines.

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