Eutelsat OneWeb
Model of a 1st Generation OneWeb satellite | |
| Company type | Public |
|---|---|
| Industry | Satellite Internet access |
| Predecessor | WorldVu Satellites |
| Founded | 2012 |
| Founder | Greg Wyler |
| Headquarters | London, England, UK |
Area served | Worldwide |
Key people | Eva Berneke (CEO) |
Number of employees | ~600 (March 2022) |
| Parent | Eutelsat Group |
| Subsidiaries | Airbus OneWeb Satellites (50% owner) |
| Website | oneweb |
OneWeb Communications Ltd., doing business as Eutelsat OneWeb, is a subsidiary of the French group Eutelsat providing broadband satellite Internet services in low Earth orbit (LEO). The company is headquartered in London, and has offices in Paris, France and Virginia, US, and a satellite manufacturing facility in Florida – Airbus OneWeb Satellites – that is a joint venture with Airbus Defence and Space.
The company was founded as "WorldVu" by Greg Wyler in 2012 and later as "OneWeb" launched its first 6 satellites in February 2019. It entered bankruptcy in March 2020 after failing to raise the required capital to complete the build and deployment of the remaining 90% of the network. The company emerged from the bankruptcy proceedings and reorganization in November 2020 with a new ownership group. As of 2021, Indian multinational company Bharti Global, France-based satellite service provider Eutelsat and the Government of the United Kingdom were the company's largest shareholders, while Japan's SoftBank retained an equity holding of 12%.
On 28 September 2023, Eutelsat announced the completion of its merger with OneWeb and the creation of a new "Eutelsat Group" company, with subsidiaries "Eutelsat" and "Eutelsat OneWeb".