Mangata Networks gets funds for Scottish satellite manufacturing hub

Mangata Networks gets funds for Scottish satellite manufacturing hub

TAMPA, Fla. — Mangata Networks, the U.S.-centered startup launched by a previous OneWeb government, said Dec. 5 it signed a $100 million financing deal to make a production facility in Scotland for its multi-orbit broadband constellation.

The facility at Prestwick Global Aerospace Park, located in the Ayrshire location in close proximity to Glasgow, will also serve as Mangata’s engineering and functions hub as it aims to get started deploying almost 800 broadband satellites from late 2025.

After up to speed, Phoenix, Arizona-dependent Mangata mentioned the facility could deliver and take a look at 24 satellites up to 1,500 kilograms each a few months.

These satellites would be unfold across medium Earth orbit (MEO) and really elliptical orbits (HEO) to supply higher-speed world-wide-web products and services to aviation, mobile backhaul, and other connectivity marketplaces.

Mangata CEO Brian Holz reported shoppers have already reserved nearly all the capability on the operator’s original 32 satellites, representing additional than 1.5 terabits for each next of capacity.

Holz is a previous vice president of space units at OneWeb and CEO of OneWeb Satellites, the joint enterprise the very low Earth orbit broadband operator shares with Airbus to create its satellites.

The Scottish facility’s design is staying funded underneath a 15-12 months lease-back deal that gives Mangata the suitable to acquire out its property investors at any time. 

South Ayrshire Council is investing 29.2 million British lbs . ($36 million) in the venture through the government-backed Ayrshire Development Deal fund.

Scottish Business, Scotland’s countrywide economic progress company, stated it has invested 54 million British kilos to build the hub, such as a $3 million expenditure built in Mangata’s $33 million sequence A investment round in January.

In March, Scottish Organization also declared it experienced awarded Mangata 3.6 million British pounds in study and advancement grant funding.

According to Mangata, its hub will produce up to 575 mainly extremely paid, highly competent specialized engineering work opportunities in Scotland in excess of the “coming handful of decades.”

Adrian Gillespie, Scottish Enterprise’s CEO, reported: “Not only will it carry hundreds of new top quality positions for the folks of Scotland, but it will be a catalyst for a new source chain, opening up prospects and partnerships the two domestically and internationally.”

Prestwick is also house to Prestwick Spaceport, which is gearing up to aid horizontal air-launches of satellites from 2024.