SpaceX Rival OneWeb Files for Bankruptcy, Citing Covid-19 as a Factor
Launch of Soyuz rocket carrying OneWeb satellites. Image: RoscosmosTelecommunications firm OneWeb has filed for bankruptcy, leaving the status of its orbital internet constellation, which currently consists of 74 satellites, in doubt. The debt-stricken company said it failed to secure required funding on account of the covid-19 pandemic.OneWeb announced on Friday…
bubmagMarch 30, 2020