OneWeb acquires Texas-based TrustComm, forms OneWeb Technologies

CIOReviewIndia | Monday, 27 September 2021, 07:06 IST

OneWeb acquires Texas-based TrustComm, forms OneWeb TechnologiesBharti-backed OneWeb said it has Texas-based TrustComm Inc., a provider of managed satellite communications (satcom) and professional services to commercial and government organizations.

OneWeb had announced the planned acquisition in May 2021 and has received all necessary regulatory approvals enabling the transaction to close, the low earth orbit (LEO) Satcom Company said in a statement.

Following the acquisition, TrustComm will become a wholly-owned subsidiary of OneWeb and will be known as OneWeb Technologies Inc.
The new entity will be led by former TrustComm CEO, Bob Roe.

“Under the terms of a Proxy Agreement with the United States Government, OneWeb Technologies will be tasked with providing governments of the “Five Eyes” alliance (U.S., U.K. Canada, Australia, and New Zealand); NATO; the U.N. and other strategic partners with global, next-generation, satellite connectivity,” the statement added.

“By joining OneWeb, OneWeb Technologies is positioned to serve clients, existing and new, who are seeking faster network speeds, lower latency, more compact multi-orbit user terminals and built-in network management tools with security at all levels of the architecture,” said Roe.

“Closing this deal represents an incredible opportunity for OneWeb to take the security first, high-performance, low-latency service we will deliver to the enterprise and make it available to meet government users’ needs,” said Neil Masterson, CEO of OneWeb.

Earlier this year, OneWeb had demonstrated its satellite-based communications system to the US Defense Department with data rates upto 500Mbps at latency of 32ms.

The demonstration had also displayed a seamless handover of connectivity between LEO satellites passing overhead.
OneWeb is on track to deliver coverage above the 50th parallel North later this year; this includes Alaska, Canada, and the wider Arctic Region.

OneWeb will deliver global coverage by the end of 2022.

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