OneWeb hopes to launch 700 satellites in 2018 to create a global internet network 

06/16/2015 - 00:00

By Irene Klotz -

Europe's Airbus Group will design and build about 900 satellites for privately owned OneWeb Ltd, which plans to offer high-speed, space-based Internet access to billions of people worldwide, company officials said on Monday.

About 700 of the satellites, each of which will weigh less than 330 pounds (150 kg), will be launched into orbit around Earth beginning in 2018. The rest will stay on the ground until replacements are needed, said OneWeb, based in Britain's Channel Islands.

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