Category: oneweb

The UK buys a 45 percent stake in broke satellite startup OneWeb

Post author By Randall
Post date July 3, 2020
Categories In bharti airtel, bharti global, bhartiairtel, bhartiglobal, brexit, eu, galileo, gear, News, oneweb, sat nav, satellite navigation, satellitenavigation, satnav, Tech, tomorrow, Uk, uk government, ukgovernment

[ad_1] The government previously planned to build its own Galileo replacement with the help of other members of the Five Eyes intelligence alliance — Australia, Canada, New Zealand and the US. The project was put on hold in May just before the publication of a feasibility study. The estimated cost had risen by then to […]

Satellite internet startup OneWeb declares bankruptcy to look for a buyer

Post author By Randall
Post date March 28, 2020
Categories In bankruptcy, broadband, coronavirus, covid-19, gear, Internet, oneweb, satellite, satellite internet, Space, Tech

[ad_1] The company also alluded to job cuts with references to “remaining employees,” but didn’t say how many people were losing jobs. This isn’t the end for OneWeb; Chapter 11 is usually used to regroup and get a second chance at life. However, the company clearly in a much more fragile position than it was […]