Hanwha-Invested Space Internet Company OneWeb Successfully Launches Another Satellite

Launched 34 Satellites on Soyuz Rocket
288th Satellite Successfully Orbits... Full-Scale Space Internet Project to Begin Next Year

Provided by Hanwha Systems

[Asia Economy Reporter Kim Heung-soon] Hanwha Systems' invested space internet company 'OneWeb' has once again succeeded in launching satellites.

According to Hanwha Systems on the 23rd, OneWeb launched 34 satellites aboard a Soyuz rocket from the Baikonur Cosmodrome in Kazakhstan the day before. This is the fifth satellite launch this year and the first since Hanwha Systems joined as an investor.

With this launch, OneWeb now has 288 satellites in orbit. It is evaluated that the plan to create a space internet network with 648 satellites by next year and officially start global space internet services is progressing smoothly.

OneWeb has launched 178 satellites this year. All of them were made by 'Airbus OneWeb Satellites,' a joint venture established by OneWeb and Europe's largest aircraft manufacturer Airbus.

OneWeb adopts a method of sharing know-how with the best companies in each field. In the satellite launch sector, it collaborates with Arianespace and Soyuz, which have proven numerous achievements. For gateways that receive and distribute satellite signals on the ground, it partners with Hughes, a leading American network company.

The recent decision to welcome Hanwha Systems as an investor follows the same approach. Earlier, on the 12th, Hanwha Systems invested $300 million (approximately 345 billion KRW) in OneWeb, becoming a board member alongside global telecom company Bharti, satellite communications company Eutelsat, and Japan's SoftBank.

Hanwha Systems stated, "Along with management participation, we expect to create synergy with OneWeb through collaboration in satellite manufacturing and low-earth orbit satellite communication antennas."

This content was produced with the assistance of AI translation services.