PROJECT

Projects

Summary of Proposed Investment

Project Number

28106

Company Name

O3B NETWORKS LTD

Date SPI Disclosed

Sep 14, 2010

Country

World Region

Industry

Telecommunications and Technology

Projected Board Date

Oct 21, 2010

Status

Completed

Sector

Other (Including Satellite Telecommunications, Radio and Television Broadcasting, etc.)

Department

TMT, Venture Capital & Funds

Environmental Category

B - Limited

Previous Events

Approved : Oct 28, 2010
Signed : Nov 12, 2010
Invested : Dec 6, 2010

Project Description

O3b Networks Ltd. is a greenfield project company to manufacture, launch and operate a Medium Earth Orbital (MEO) Ka-band satellite constellation that will provide broadband connectivity and backbone services to emerging markets worldwide. Thanks the satellites’ proximity to earth, its innovative steerable spot beams and its equatorial orbit O3b will provide high quality, low cost internet connectivity at any location between 45 degrees latitude North and South.

Sponsor / Cost / Location

Development Impact