OneWeb, which plans to provide the internet through low-orbiting satellites, has secured capital from corporates Virgin, the owner of Virgin Galactic, and Qualcomm.
WorldVu Satellites, the US-based satellite-based internet technology startup operating as OneWeb, has raised an undisclosed amount of funding from wireless technology company Qualcomm and diversified conglomerate Virgin Group.
Founded in 2014 by Greg Wyler, a former employee at internet company Google, OneWeb plans to bring internet and telecommunications services to billions of people through the development of a constellation of 648 micro-satellites in low-earth-orbit.
Richard Branson, founder of Virgin Group and its subsidiary Virgin Galactic, and Qualcomm executive chairman Paul…