OneWeb Satellites is a joint venture between OneWeb and Airbus, the world's second largest space company to manufacture low-cost, ultra-high performing satellites at high-volumes.

Prior to OneWeb, in 2007 Greg Wyler founded O3b Networks. O3b raised approximately $1.3 billion to design and build a satellite constellation to provide fiber quality backhaul for telecom operators in the most remote markets around the world. Today there are twelve operational O3b satellites and they each provide over 1gbps with only 130 millisecond of latency.

OneWeb's first-generation satellites will weigh 145 kilograms and will deliver 10 Gigabits per second. They will build 15 satellites per week. The next generation of OneWeb satellite will have 15 times the performance which will be 1 Gigabit per second per kilogram.

The smaller size OneWeb satellites means they can launch 9 times as many OneWeb satellites compared to O3b.