Alan Burkitt-Gray
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OneWeb founder plans satellite IoT with $50M backing

A venture capital investor has pumped US$50 million into a space start-up founded by Greg Wyler, previously of O3b and OneWeb. E-Space says it is planning a constellation of 100,000 satellites, which will also gather up space junk on their way.
February 8, 2022

A venture capital investor has pumped US$50 million into a space start-up founded by Greg Wyler, previously of O3b and OneWeb.

E-Space says it is planning a constellation of 100,000 satellites, which will also gather up space junk on their way.

Wyler (pictured) said: “We’ve built sustainability into everything we do. We are designing our systems to not only prevent space debris generation, but to eventually actively reduce space debris so generations to come will be able to access the power of space.”

E-Space says it will be “a foundational platform to help governments and large companies build space-based applications in a capital-light manner”