Successful launch propels OneWeb to $1.25B in new funding

Following the successful launch and deployment of the first six satellites in a planned constellation of hundreds, OneWeb has raised $1.25 billion in funding to kickstart mass production. It's a powerful endorsement of and ambitious plan to create an entirely new layer of global connectivity. To blanket the world in internet, OneWeb means to send up about 650 satellites at first, with a few hundred more later to expand and reinforce coverage.