Google backed O3b Networks raises funding

While not exactly Teledesic, it’s interesting that it appears that a low (well, low-ish) earth orbit broadband satellite constellation will finally get off the ground: With 12B in Financing O3b Constellation Closer to Reality – SpaceNews.com.

Unfortunately, O3b only involves eight satellites rather than 840 so it won’t drive development of new low cost launchers as Teledesic promised to do.

URL: http://hobbyspace.com/nucleus/?itemid=25386

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