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Communications network that delivers high-speed, low latency internet access.

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Summary

Seedtable Score

Score icon 60

Locations

Company Size

  • 251 - 501

Last Stage Round

Insights

OneWeb, based in London, delivers high-speed, low-latency internet access globally through a communications network. Targeting sectors like manufacturing, transportation, and space technology, OneWeb uses Low Earth Orbit (LEO) satellites, which offer faster speeds and lower latency than traditional satellite services. Supported by major investors like SoftBank Group, OneWeb aims to address issues like slow speeds and limited connectivity in remote areas. Facing competition from traditional ISPs and other satellite internet services, OneWeb's innovation in LEO technology is a crucial differentiator. If the company can maintain its technological edge and effectively market its LEO advantages, it has strong potential to thrive in the global connectivity landscape.

Total Funding
$1.2B

Investors

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