Manifest Space: Global Constellation Countdown with OneWeb CEO Neil Masterson 3/24/23
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 24 March 2023
⏱️ 19 minutes
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| 0:00.0 | A major milestone for OneWeb. |
| 0:03.0 | If all goes according to plan, the startup will launch its final 36 satellites to enable |
| 0:08.4 | service globally this year. |
| 0:11.0 | It's a move that would make it the first broadband satellite operator to complete a low-Earth orbit constellation. |
| 0:17.0 | Ahead of Launch 18, which is scheduled for Sunday with India's Space Agency, |
| 0:21.0 | CEO Neil Masterson says this will solidify |
| 0:24.2 | one web's position as a leader in satellite communications as a quote |
| 0:28.3 | wholesaler of connectivity. We distinguish ourselves from styling on a competitive standpoint in that we are a B to B to C business. |
| 0:37.0 | So our primary customers are telephone companies, existing satellite providers, in fact other satellite companies, and I'll come to that in the second, |
| 0:47.0 | as well as governments. |
| 0:49.0 | So our approach is to make sure that we integrate our network into others networks to |
| 0:55.1 | extend their network and help them serve their customers better. In this episode I |
| 0:59.6 | speak exclusively with Master'son about the business model, the impact of the Ukraine war, |
| 1:04.7 | and when OneWeb will officially be acquired by Utel sat. |
| 1:09.1 | I'm Morgan Brennan and this is manifest space. |
| 1:20.0 | We're on the cusp of a major milestone for one web. Talk to me about this upcoming launch and why it is so significant for the company. |
| 1:24.8 | Yeah, we are super excited. This is launch 18 for us this weekend. We're launching |
| 1:30.8 | with Israel from India this weekend. This launch is super important because this is the launch that it gives us enough satellite coverage to cover the entire to cover the entire globe. |
| 1:44.7 | And so it will enable us to roll out coverage progressively around the world during the course |
| 1:49.7 | of this year. |
| 1:50.8 | So in May we'll cover the lower 48 states. Then we'll in August we'll get down to about 25 |
| 1:58.5 | degrees north of the equatorial belt and then by the end of the year we will have global |
... |
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