The news of the acquisition we announced in May 2021 and following consummation of the transaction, TrustComm will become known as OneWeb Technologies Inc, a subsidiary of OneWeb.
Under the terms of the Proxy Agreement with the United States Government, OneWeb Technologies will provide governments of the “Five Eyes” alliance, comprised of the US, UK Canada, Australia, and New Zealand; NATO; the UN and other strategic partners, with global satellite connectivity.
The new company will be led by former TrustComm CEO Bob Roe and focused specifically 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.”
Historically, achieving high-throughput, low-latency communications in underserved environments has been longstanding problem for the military and other government groups. OneWeb’s network is ready to address those challenges all while meeting the high-level needs for security with its end-to-end managed services offerings.
“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," said Neil Masterson (pictured), CEO of OneWeb.
"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 is on track to deliver coverage above the 50th parallel North later this year with global coverage expected by the end of 2022.