Oneweb Gets 300 Million Investment From Hanwha Systems
Investment From Hanwha Systems In a recent development, a South Korean Fortune 500 company Hanwha, which is a global technology and manufacturing company announced a $300 million equity investment in OneWeb. This investment takes the overall equity investment raised by OneWeb to $2.7 billion since November 2020 without debt issuance. The follows the additional funding of $550 million it raised from Bharti Global in June. With this investment, Hanwha brings further defence capabilities alongside the latest antenna technologies to OneWeb....