OneWeb awards major launch contracts


Week Three: Ninth Anniversary Fund-Raising Drive for Behind the Black
 

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The competition heats up: OneWeb today announced it had raised a half billion dollars in investment capital, and has also awarded two major launch contracts, one to the Arianespace/Russian Soyuz partnership and the other to Virgin Galactic’s LauncherOne.

The Soyuz gets 21 launches while LauncherOne gets 39. For Virgin Galactic this contract might save the company, as their effort to fly tourists on SpaceShipOne has badly stalled. The effort to build LauncherOne, however, seems to be gaining steam.

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