TrustComm will now become a wholly-owned subsidiary of OneWeb and will be known as OneWeb Technologies Inc
Bharti-backed low-earth orbit satellite provider OneWeb has acquired Texas-based TrustComm Inc, it said in a statement.
TrustComm is a provider of managed satellite communications (satcom) and professional services to commercial and government organizations.
TrustComm will now become a wholly-owned subsidiary of OneWeb and will be known as OneWeb Technologies Inc.
OneWeb said that it had announced the planned acquisition in May 2021 and has received all necessary regulatory approvals enabling the transaction to close.
“Under the terms of a Proxy Agreement with the United States Government, OneWeb Technologies will be tasked with providing governments of the “Five Eyes” alliance (U.S., U.K. Canada, Australia, and New Zealand); NATO; the U.N. and other strategic partners with global, next-generation, satellite connectivity,” the statement added.
Led by former TrustComm CEO Bob Roe, OneWeb Technologies will be focused on meeting the complex needs of government customers.
“We look forward to taking our relationship with government customers as a trusted partner and operator of secure, resilient satellite communications to a new level,” said Roe.
“By joining OneWeb, OneWeb Technologies is positioned to serve clients, existing and new, who are seeking faster network speeds, lower latency, more compact multi-orbit user terminals and built-in network management tools with security at all levels of the architecture,” he added.
Neil Masterson, CEO of OneWeb said, “Closing this deal represents an incredible opportunity for OneWeb to take the security first, high-performance, low-latency service we will deliver to the enterprise and make it available to meet government users’ needs. We are thrilled to welcome OneWeb Technologies to the family – an organization with a proven track record of serving complex, integrated user requirements of government users. We look forward to making OneWeb’s network available as a vital tool to help advance government priorities.”
OneWeb and Hughes have recently signed a strategic partnership to deliver LEO services in India and the US to government, enterprise, and other customers.
OneWeb recently also launched 34 satellites more from the Baikonur Cosmodrome in Kazakhstan, bringing its total in-orbit constellation to 322 satellites.
