U.S. markets closed
  • S&P Futures

    4,535.50
    -6.25 (-0.14%)
     
  • Dow Futures

    35,492.00
    +12.00 (+0.03%)
     
  • Nasdaq Futures

    15,402.75
    -76.00 (-0.49%)
     
  • Russell 2000 Futures

    2,299.20
    +5.10 (+0.22%)
     
  • Crude Oil

    82.66
    +0.16 (+0.19%)
     
  • Gold

    1,786.90
    +5.00 (+0.28%)
     
  • Silver

    24.27
    +0.10 (+0.41%)
     
  • EUR/USD

    1.1632
    +0.0001 (+0.01%)
     
  • 10-Yr Bond

    1.6760
    +0.0400 (+2.44%)
     
  • Vix

    15.01
    -0.48 (-3.10%)
     
  • GBP/USD

    1.3805
    +0.0009 (+0.07%)
     
  • USD/JPY

    114.1420
    +0.1540 (+0.14%)
     
  • BTC-USD

    62,954.37
    -2,694.09 (-4.10%)
     
  • CMC Crypto 200

    1,497.26
    -37.39 (-2.44%)
     
  • FTSE 100

    7,190.30
    -32.80 (-0.45%)
     
  • Nikkei 225

    28,704.07
    -4.51 (-0.02%)
     

OneWeb launches satellites in global internet service push

·1 min read
A rocket booster with satellites of British firm OneWeb blasts off from a launchpad at the Baikonur Cosmodrome

MOSCOW (Reuters) - British-based firm OneWeb launched 34 satellites into orbit from a cosmodrome in Kazakhstan, expanding its in-orbit constellation to 322 satellites, it said on Wednesday.

The satellites lifted off from Kazakhstan's Baikonur cosmodrome at 1807 GMT on Tuesday, it said in a statement.

OneWeb plans to launch a total of 648 low earth orbit satellites to roll out a high-speed global internet connection including to the most remote corners of the world.

The launch, carried out by Arianespace, keeps OneWeb on track to start a service in swathes of the northern hemisphere this year and to deliver a global service next year, it said.

OneWeb resumed satellite launches in December after emerging from bankruptcy protection with $1 billion in equity investment from a consortium of the British government and India's Bharti Enterprises.

It has received further financing from Bharti as well as investment from Eutelsat Communications and Japan's Softbank.

(Reporting by Tom Balmforth; editing by Jason Neely)