OneWeb, which pitches itself as a ‘global communications network powered from space’, has entered into a definitive agreement to acquire Texas-based satellite firm TrustComm. The deal will enable OneWeb to offer its Low Earth Orbit (LEO) network and connectivity services to US government clients and TrustComm customers. The acquisition follows the successful demonstration of OneWeb’s turnkey satellite-based communications system to the US Department of Defence (DoD) in March 2021. The terms of the transaction are confidential, and the deal is expected to close in 2021, subject to customary closing conditions including regulatory approvals.
Based at the Ellington Joint Base in Houston, Texas, TrustComm was established in 1999 as a provider of managed satellite communications and professional services to commercial organisations and governments. TrustComm offers services ranging from broadband access, VoIP and data communications for business continuity to emergency response.
OneWeb – which claims to be the world’s second-largest satellite operator – was acquired by UK government and the Bharti Group in October 2020, and has since welcomed Eutelsat on board, as well as securing additional investment from SoftBank and Hughes Network Group. In late 2021, OneWeb says it will begin providing commercial services across the Arctic and expanding to global coverage in 2022.