Virgin Galactic Takes an enormous Step towards space-based totally web

Virgin Galactic, if all goes well, goes to lend a hand bring the web into house. On Wednesday, the company announced a large contract with satellite company OneWeb to launch 39 satellites into house so one can permit internet get entry to in the world’s most far off regions.

In a press unlock, the corporate said they will be one of several satellite tv for pc launch providers for OneWeb, and that OneWeb has an way to do as much as a hundred further launches with them. ArianeWeb, a French company, is another launch provider.

OneWeb additionally announced a $500 million funding round nowadays that’s backed by large names like Coca-Cola, Qualcomm, and Airbus. interestingly, facebook announced prior this month that the company was shelving its own plans to offer satellite tv for pc internet to the arena’s poor.

The launch is extremely good news for Virgin Galactic and its backers. In late 2014, one of Virgin Galactic’s rocket planes crashed on a check flight, which both harmed public notion of the logo and set them again financially.

[via The Washington publish]