OneWeb emerges from Chapter 11 – Satellite News Digest

OneWeb announced its emergence from U.S. Chapter 11 bankruptcy protection and achievement of all relevant regulatory approvals. A consortium of UK Government (through the UK Secretary of State for Business, Energy and Industrial Strategy) and Bharti Global, has invested US$1 billion of new equity to offer broadband connectivity services, via a constellation of 650 LEO satellites.

http://www.sat-nd.com/archive/?id=2020112201

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