SoftBank Reinvests In OneWeb

January 15, 2021
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...

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