Monday, Apr 20, 2026
English News
  • Hyderabad
  • Telangana
  • AP News
  • India
  • World
  • Entertainment
  • Sport
  • Science and Tech
  • Business
  • Rewind
  • ...
    • NRI
    • View Point
    • cartoon
    • My Space
    • Education Today
    • Reviews
    • Property
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • My Space
  • Reviews
  • Education Today
  • Property
  • Lifestyle
Home | India | Oneweb Pays Over Rs 1000 Crore To India For Launching 72 Satellites

OneWeb pays over Rs 1,000 crore to India for launching 72 satellites

The UK-based Network Access Associated Ltd (OneWeb) will be paying over Rs 1,000 crore to the Indian space agency to launch its 72 satellites

By IANS
Published Date - 22 October 2022, 11:45 PM
OneWeb pays over Rs 1,000 crore to India for launching 72 satellites
whatsapp facebook twitter telegram

Sriharikota: The UK-based Network Access Associated Ltd (OneWeb) will be paying over Rs 1,000 crore to the Indian space agency to launch its 72 satellites, said a top group official.

He also said OneWeb’s merger with French satellite company Eutelsat Communications is likely to be completed around April-May of 2023. OneWeb will be a 100 per cent subsidiary of Eutelsat Communications.

Also Read

  • Much more rides on India’s Bahubali rocket than 36 OneWeb satellites

Speaking to reporters here, Sunil Bharti Mittal, Chairman, OneWeb, said the company will be paying Indian Space Research Organisation (ISRO)/NewSpace India Ltd over Rs 1,000 crore for launching 72 satellites.

The first batch of 36 satellites will fly on ISRO’s rocket LVM3 at 12.07 a.m. on Sunday. OneWeb will also use ISRO’s another LVM3 rocket in January to launch 36 satellites.

OneWeb plans to have a constellation of 648 satellites in LEO to offer its broadband services across the world.

“Nearly 10 per cent of OneWeb’s satellites will be launched by ISRO,” said Shravin Mittal, Managing Director, Bharti Global.

Queried about the prospects of sourcing its Gen2 satellites from ISRO, Sunil Mittal said the discussions are on. OneWeb will look at India’s Polar Satellite Launch Vehicle (PSLV) to orbit some of its satellites as replacements in space.

Queried about any changes in constellation configuration following the decision to merge OneWeb with Eutelsat Communications, Massimiliano Ladovaz, Chief Technology Officer, OneWeb, said there is no change in respect of Gen1 satellite constellation.

Ladovaz also said the request for quote (RFQ) for manufacturing of Gen2 satellites will be issued by the end of this year.

Officials of OneWeb and ISRO on Saturday held a meeting where the possibility of ISRO participating was also discussed.

According to Sunil Mittal, by the middle of next year, OneWeb will start offering its broadband service mainly focused on the business-to-business segment.

When asked about the competition, he said the market is big enough to have three or four satellite constellations.

Asked if three or four constellations with several hundreds of satellites orbiting in the space will increase the space debris, Ladovaz said OneWeb satellites are designed in such a manner that it would not become a debris.

  • Follow Us :
  • Tags
  • Indian space agency
  • OneWeb
  • Satellites

Related News

  • Indian satellites are working to ensure India’s security, says ISRO Chairman

    Indian satellites are working to ensure India’s security, says ISRO Chairman

  • Starship test: SpaceX captures a rocket booster at the launch pad, loses the spacecraft

    Starship test: SpaceX captures a rocket booster at the launch pad, loses the spacecraft

  • How ISRO accomplished space docking

    How ISRO accomplished space docking

  • Space tech startup OrbitAID raises $1.5 million

    Space tech startup OrbitAID raises $1.5 million

Latest News

  • Chris Gayle, Abhishek Bachchan back Glasgow Mugafians in European T20 Premier League

    4 mins ago
  • India needs better climate tracking, say scientists on Methane study

    6 mins ago
  • South Korean President calls India key global growth leader

    14 mins ago
  • ECI orders 48-hour ‘Dry Day’ in WB and TN ahead of polls

    19 mins ago
  • Tension prevails at Prajavani programme in Yadadri Bhongir

    22 mins ago
  • NGO operator arrested in Nagpur over conversion allegations

    29 mins ago
  • Mythology meets AI in ‘Krishna’, a bold cinematic venture

    33 mins ago
  • Powerful 7.5-magnitude earthquake strikes off Japan, tsunami alert issued 

    41 mins ago

company

  • Home
  • About Us
  • Contact Us
  • Privacy Policy

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

  • Telangana Today Telangana Today
Telangana Today Telangana Today

© Copyrights 2024 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam

.