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Amid concerns, OneWeb gets vague about constellation’s cost - SpaceNews.com
Jeff Foust's summary: "Speaking at World Satellite Business Week, Eric Béranger, president and COO of OneWeb, would no longer affirm that the company's satellites would cost $500,000 each, instead saying the satellites would cost less than $1 million. Other analysts project the satellites to cost $700,000 to $900,000 each once large-scale production gets underway. OneWeb, meanwhile, has assigned the CEO role that Béranger prevuously had to Adrian Steckel, making Steckel OneWeb's fourth CEO is as many years. "

"OneWeb in 2015 set the goal of building 900 satellites for $500,000 each or less, with the total estimated cost of building, launching and operating the constellation at $3.5 billion. ... Asked by SpaceNews if the satellites could still come in under $500,000 each, Béranger said only that they were now “below $1 million” per unit. Industry analysts who follow OneWeb said as recently as August that OneWeb is looking at roughly $700,000 to $900,000 per satellite"

"OneWeb has raised $1.7 billion in equity since 2015, with Japanese tech giant SoftBank providing $1 billion of that total."
SpaceNews  OneWeb  satellite  NGSO  business  investing 
september 2018 by pierredv
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