CAPE CANAVERAL (Florida) — Europe’s Airbus Group will design and build about 900 satellites for privately owned OneWeb, which plans to offer high-speed, space-based Internet access to billions of people worldwide, company officials said yesterday (June 15).
About 700 of the satellites, each of which will weigh less than 150kg, will be launched into orbit around Earth beginning in 2018. The rest will stay on the ground until replacements are needed, said OneWeb, based in Britain’s Channel Islands.
Bankrolled in part by Mr Richard Branson’s London-based Virgin Group and chipmaker Qualcomm, the project will cost between US$1.5 billion (S$2.02 billion) and US$2 billion, OneWeb founder and Chief Executive Officer Greg Wyler said.
Sourced through Scoop.it from: www.todayonline.com
#mdis #stel #technology #sg50 #stelnetwork #since1956 #education