|
Briefing
|
- $1 billion OneWeb Funding – Funded satellite startup OneWeb with $1 billion to develop low earth orbit (LEO) satellites and construct new Florida facility that will make 15 satellites per week
- $50 billion Planned U.S. Investments – Announced that Softbank plans to invest $50 billion in U.S. after CEO Masayoshi Son met with Donald Trump
- 50,000 New U.S. Jobs – Promised to create 50,000 new jobs in U.S., starting with 3,000 jobs in engineering, manufacturing and support as part of Softbank’s investment in OneWeb
- OneWeb’s Satellite Network – Extends existing mobile and Internet networks to connect new areas without coverage for lower costs
|
|
Accelerator
|
|
|
Sector
|
Information Technology
|
|
Organization
|
Softbank Corp.
|
|
Source
|
|
|
Original Publication Date
|
December 19, 2016
|
