LEO Satellite Broadband Firm OneWeb Files for Bankruptcy

By GIXnews

The British-registered space company OneWeb, which had been in the process of launching a mega constellation of compact Low Earth Orbit (LEO) ultrafast broadband satellites, has officially filed for voluntary relief under Chapter 11 of the Bankruptcy Code in the USA. But finding a buyer in this climate may present some challenges. OneWeb, much like […]

Source:: ISPreview