Softbank's $850 million investment in US OneWeb plans to invest 50 billion in the US

According to foreign media reports, Japan's Softbank Group will invest about 100 billion yen (US$850 million) in OneWeb Co., Ltd., a US startup that is planning to build a global satellite telecommunications network. This move is for Softbank to expand its overseas business. Increase the profit part. Founded in 2012, OneWeb plans to create a global high-speed telecommunications network by launching more than 600 small satellites to low-orbit.

The network envisioned will allow users to communicate with others even when the ground-based infrastructure is compromised (eg, in a disaster). It will also benefit the people of developing countries, as the communications environment in developing countries is generally poor.

At a meeting with the new US President Donald Trump last month, Softbank Chief Justice announced plans to invest a total of $50 billion in the United States over the next four years.

Aviation Plug Connector

Aviation Plug Connector,Gx12 Butt-Joint Connector,Gx12 Aviation Cable Connector,Gx16 Wire Panel Aviation Connector

Changzhou Kingsun New Energy Technology Co., Ltd. , https://www.aioconn.com

Posted on