Tom Choi: OneWeb’s Failure Will Dent New Space Investment | Via Satellite


The talk of the satellite industry over the last few days has been OneWeb’s announcement that it was going into Chapter 11 bankruptcy protection and cutting down its workforce in the process.

OneWeb has been one of the biggest names in the Low-Earth Orbit (LEO) movement, and the news came just days after Arianespace successfully launched another 34 satellites in OneWeb’s constellation. Now, the future of the constellation is uncertain.

This LEO bankruptcy also follows the demise of LeoSat, creating more fodder for debate on the topic of building successful business models around LEO constellations.

Source: Tom Choi: OneWeb’s Failure Will Dent New Space Investment – Via Satellite –

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