Oneweb Global Limited announced that it will receive $165 million in an equity round of funding on October 6, 2021. The transaction will include participation from returning investor, Eutelsat Communications S.A. The completion of this latest transaction is expected around year-end 2021 subject to regulatory authorizations. Post completion of the transaction and investment by Eutelsat Communications S.A., stake will increase from 17.6% to 22.9%.