SoftBank invests $1.2 billion in the OneWeb satellite network
We now know at least one recipient of Masayoshi Son's massive $50 billion investment for the U.S. He ponied up $1.2 billion for OneWeb, the global satellite project for worldwide internet coverage.
OneWeb is a project from English entrepreneur Richard Branson. The goal is to put as many as 2,400 small satellites in low orbit to provide complete global coverage for broadband internet access in many places where it's not available. According to SpaceNews, that number has been reduced to 900.
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