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Tag: invests
Canadian govt invests C$1.44bn in Telesat constellation
2021-08-13 02:00:00| Total Telecom industry news
In the past, Telesat has said it needed around $5 billion to build its ambitious Lightspeed LEO satellite broadband constellation, $1.4 billion of which would come from its own coffers. Yesterday, the Canadian company reached a major milestone in sourcing the additional funding required, with the Canadian government agreeing to invest C$1.44 billion (around $1.15 billion) into the project…read more on TotalTele.com »
Tags: canadian
govt
constellation
invests
South Koreas Hanwha Systems invests $300m in OneWeb
2021-08-12 02:00:00| Total Telecom industry news
Since its rescue from bankruptcy by the UK government and Bharti Airtel back in 2020, UK satellite broadband player OneWeb has been going to strength to strength. In January 2021, SoftBank and Hughes Network System announced they would invest an additional $400 million into the company, bringing the companies total investment to $1.4 billion. By March, OneWeb had began launching low Earth orbit (LEO) satellites into orbit but warned that it would need to raise another billion dollars to reach its goal of global coverage in 2022 using around 648 satellites…read more on TotalTele.com »
Tags: south
systems
300m
invests
Phillips 66 Invests in Advanced Analytics Software Developer Seeq
2021-08-09 18:36:13| OGI
The investment is through the Altira Group, a venture capital firm that counts Seeq as one of its portfolio companies.
Tags: software
advanced
developer
analytics
Iliad Italia invests in FiberCop ahead of fixed broadband launch
2021-08-09 02:00:00| Total Telecom industry news
Since its arrival onto the Italian mobile scene around three years ago, France’s Iliad has had a significant impact, with its low prices offering a major challenge to the market’s major operators, TIM, Vodafone, and WindTre. The operator’s market share has been steadily increasing, rising to around 9% earlier this year…read more on TotalTele.com »
Tags: fixed
italia
ahead
launch
Rolls-Royce invests in new test facilities at Purdue for high-altitude and hybrid-electric aircraft engines
2021-08-04 10:55:41| Green Car Congress
Tags: test
facilities
engines
aircraft
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