SoftBank and Hughes Network Systems completed the $400m investment in OneWeb.

SoftBank Group and Hughes Network Systems, a satellite and multi-transport technologies and networks provider, completed the $400m investment in OneWeb, the low Earth orbit satellite communications company. "We are delighted to welcome the investment from SoftBank and Hughes. Both are deeply familiar with our business, share our vision for the future, and their commitment allows us to capitalise on the significant growth opportunity ahead for OneWeb. We gain from their experience and capabilities, as we deliver a unique LEO network for the world," Sunil Bharti Mittal, OneWeb Executive Chairman.