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Loft Orbital contracts Airbus for Arrow satellite platforms

Airbus and Loft Orbital signed a contract for Airbus to supply more than fifteen satellite platforms stemming from Arrow, the foundational platform of OneWeb. There are currently 394 such platforms in orbit for the OneWeb constellation with a further 254 under production. The contract signals start-up Loft Orbital’s intention of implementing the Airbus Arrow service business model.