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OneWeb emerges from Chapter 11

Christian Fernsby ▼ | November 21, 2020
OneWeb, the Low Earth Orbit (LEO) broadband satellite communications company, announced its emergence from U.S. Chapter 11 bankruptcy protection and achievement of all relevant regulatory approvals.
OneWeb
Chapter   OneWeb
A consortium of UK Government through the UK Secretary of State for Business, Energy and Industrial Strategy and Bharti Global, has invested $1bn of new equity to offer broadband connectivity services, via a constellation of 650 LEO satellites.

OneWeb will continue to be headquartered in the UK.


 

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