Wait, don't miss out on the latest GovCon industry news!

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings

*By clicking "Join us now" you agree to receive email, promotions and general messages from GovCon Wire, In addition, you also agree to GovCon Wire Privacy Policy and Terms & Conditions.

X Remind me Later

OneWeb to Form Government Subsidiary via TrustComm Acquisition; Dylan Browne Quoted

OneWeb has agreed to buy TrustComm for an undisclosed sum and will establish a new subsidiary that will focus on delivering satellite-based connectivity services to U.S. government agency customers.

OneWeb said Monday TrustComm CEO Bob Roe will oversee the new government subsidiary and that it expects the transaction to be completed in 2021, subject to regulatory approvals and other customary closing conditions.

“OneWeb’s acquisition of TrustComm underpins our strategy to rapidly scale satellite communications service to the U.S. Department of Defense and other government agencies as they look to integrate high throughput, low latency solutions to meet new connectivity demands,” said Dylan Browne, head of government services at OneWeb.

Founded in 1999, Texas-based TrustComm provides managed satellite communications and professional services, including VoIP and voice, broadband internet access, data communications and tactical field deployment support, to governments and commercial entities.

The announcement came two months after OneWeb demonstrated its satellite-based communications platform to the DOD. OneWeb is establishing a constellation of 648 satellites in low-Earth orbit, global gateways and air, maritime and land user terminals. The company intends to start delivering commercial services across the Arctic in late 2021 with plans to offer global coverage in 2022.

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about M&A Activity

Related Articles