This is very good news for Arianespace.
After several weeks of discussions, the European space company signed a new launch contract last weekend with OneWeb, the high-speed internet constellation, created by Greg Wyler in 2012. Arianespace, which has already put 74 Oneweb satellites into orbit during three missions, has signed up for sixteen new shots to be carried out by 2022, at the end of an ambitious schedule.
This is three missions less than expected under the first contract but it is a lesser evil.
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OneWeb saved by the Indian Bharti and the British state
Since OneWeb's placement under Chapter 11, the US bankruptcy regime, all of the company's contracts have been suspended.
Arianespace, OneWeb's first creditor (for 238 million euros) and first launch partner with some 1 billion euros in contracts signed for 22 missions, could have lost everything.
A new contract was renegotiated with OneWeb, in consultation with the buyers, the Indian group Bharti,
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