Report: Amazon Circles Bankrupt OneWeb Assets

Photo: OneWeb.
Photo: OneWeb

Amazon is circling crashed satellite company OneWeb, the British firm backed by Sir Richard Branson and SoftBankThe 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.

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