Latest News
Author: Matthew Field
May 4, 2020
Amazon is circling crashed satellite company OneWeb, the British firm backed by Sir Richard Branson and SoftBank, The Sunday Telegraph can reveal. The e-commerce giant is understood to be among the firms sifting through OneWeb’s data room as the UK-headquartered company, which filed for bankruptcy in the US in March, conducts a firesale. It joins Elon Musk’s SpaceX and…
April 13, 2020
Oneweb has appealed to the [U.K.] Government for a rescue loan as the bankrupt satellite business hunts for a lifeline after a planned investment from Japanese giant SoftBank collapsed. The British satellite company, which filed for Chapter 11 protection in the US, has held talks on whether a state-backed loan could provide urgent funding needed…
Get the latest Via Satellite news!
Subscribe Now