Space Business Review A monthly round-up of space industry developments for the information of our clients and friends.

January 2015 ONEWEB ANNOUNCES PLANS, INVESTORS ACQUIRES INSYNC On January 15, WorldVu Satellites Limited, On January 20, global machine-to-machine now operating as OneWeb, Ltd. (OneWeb), (M2M) solutions provider ORBCOMM Inc. CONTACTS: announced plans to manufacture, launch and (ORBCOMM) announced that it completed the operate a low-earth-orbit acquisition of InSync Software, Inc. (InSync) Dara A. Panahy 202-835-7521 that will offer Internet and telephony services from IDENTEC GROUP AG for $11m in cash. [email protected] across the globe, with a focus on historically InSync is a California-based provider of Internet- underserved areas. OneWeb identified of-things (IoT) enterprise solutions; its software Bijan Ganji Qualcomm Incorporated and The Virgin Group products are used worldwide in sensor-driven 202-835-7543 as initial investors in the venture; the financial asset tracking and remote monitoring [email protected] terms of their investments have not yet been applications. The acquisition advances disclosed. The OneWeb system will feature a ORBCOMM’s strategy to develop and offer the

projected constellation of 648 micro satellites to most complete set of applications and To learn about Milbank’s provide low-latency, high-speed Internet access capabilities in the M2M industry. directly to small, self-installable user terminals Space Business Practice, or $95M FUNDING ROUND throughout the world, extending the reach of view previous issues of the On January 19, Earth-imaging firm Planet Labs Space Business Review, mobile operators to rural and remote areas that Inc. (Planet Labs) announced that it closed a please visit www.milbank.com. are difficult to reach with terrestrial $70m Series C financing led by venture capital connections. OneWeb also announced on fund Data Collective and a $25m debt facility The information contained January 15 that it selected VirginGalactic Ltd. herein is provided for from Western Technology Investment. Planet (Virgin) to launch a currently unspecified informational purposes only Labs plans to use the proceeds from the Series C number of OneWeb satellites on the and should not be construed financing and debt facility to expand operations, LauncherOne , which as legal advice on any subject develop sales and marketing capabilities and air launches from Virgin’s WhiteKnightTwo matter. Recipients of this supplement product and application offerings. publication should not take or air carrier. refrain from taking any action NEW YORK BROADBAND SELECTS SPACEX EMBARKS ON NEW VENTURES based upon content included On January 20, New York Broadband LLC In an address on January 16, Elon Musk, CEO of herein. If you do not wish to (NYBB) announced that it selected Boeing Space Exploration Technologies Corp. receive this newsletter, please Satellite Systems International Inc. (Boeing) to (SpaceX), announced that SpaceX is establishing send an e-mail to manufacture the NYBBSat-1 satellite based on [email protected] a satellite development facility in Seattle, Boeing’s 702 MP satellite platform. CMBB with the word “unsubscribe” in Washington. Musk also disclosed that SpaceX Vision Holdings (CMBB) of Hong Kong has the subject line. intends to manufacture and deploy its own entered into an MoU with NYBB to lease all of satellite constellation, which will serve as a global ATTORNEY ADVERTISING. the new satellite’s capacity for CMBB’s planned communications system, in Musk’s words, Prior results do not guarantee mobile multimedia services in China and other effectively “rebuilding the Internet in space”. similar results. Asian markets. NYBBSat-1 is expected to be According to Musk, the constellation will include launched in mid-2017. © 2015 - Milbank, Tweed, approximately 4,000 satellites and will likely Hadley & McCloy LLP. commence service in 5 years. In a related SES AND LUXEMBOURG TEAM UP development, on January 20, SpaceX confirmed On January 13, SES S.A. (SES) announced that it

that Google and Fidelity Investments together is partnering with the Luxembourg Government

invested $1b in SpaceX. Industry analysts to procure and deploy a military communications speculate that the new investors – particularly satellite in late 2017. The satellite will be owned Google – have been attracted by SpaceX’s newly and operated by a Luxembourg-based company announced satellite Internet venture, which is jointly held by SES and Luxembourg following expected to compete with the OneWeb system. €50m investments by each. The company will also receive a €125m bank loan from a SES SELECTS ARIANESPACE FOR SES-12 consortium of Luxembourg banks to finance the On January 22, Arianespace S.A. announced manufacture and launch of the satellite. A that it was selected by SES S.A. to launch the portion of the satellite’s capacity will be used to SES-12 satellite on an Ariane 5 launch vehicle at satisfy Luxembourg’s requirements for satellite the end of 2017. Currently being manufactured communications in military frequencies, while by Airbus Defence and Space, SES-12 will be remaining capacity will be made available to positioned at the 95°E orbital location and will government and institutional customers for replace the NSS 6 satellite. defense and governmental applications.

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