Report: Amazon Circles Bankrupt OneWeb Assets
By Matthew Field | May 4, 2020
Photo: OneWeb
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 France’s Eutelsat in conducting due diligence on OneWeb’s assets ahead of a deadline late on Monday for expressions of interest.