Airbus on OneWeb: First 6 satellites at launch site, we’re on spec and on budget; financing is next hurdle

by Peter B. de Selding

BRUSSELS, Belgium — The first six OneWeb satellites arrived Jan. 22 at Europe’s spaceport in preparation for a Feb. 19 launch, focusing attention on the first “mega constellation” of broadband satellites to reach the starting blocs.

The project remains stuck at a financing level that is not sufficient to launch the hundreds of satellites — the 600 recently announced, and still less the 900 originally foreseen — to become fully operational.

OneWeb backers hope the launch, aboard a Europeanized Soyuz rocket, will kindle renewed enthusiasm by prospective equity and debt investors . . .

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