Tag: satellites
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Investors commit another $1.25 billion to fund OneWeb’s internet satellite system
An artist’s conception shows a OneWeb satellite in orbit. (OneWeb Illustration) The international OneWeb consortium says it’s raised another $1.25 billion in funding for its internet satellite constellation, ensuring a ramp-up in its production and launch campaign with the aim of offering high-speed global access by 2021. OneWeb says its new capital infusion is coming…
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LeoStella satellite venture hands over CEO reins to aerospace executive Mike Hettich
Mike Hettich has taken over as LeoStella’s CEO. (GeekWire Photo / Alan Boyle) TUKWILA, Wash. — Mike Hettich has finally completed his transition from chief learning officer to chief executive officer at LeoStella, the satellite manufacturing joint venture headquartered here. Hettich came to LeoStella from Kirkland, Wash.-based Astronics Advanced Electronic Systems, where he served as vice…