Connectivity Provider OneWeb Files For Chapter 11

satellite
OneWeb has been building a constellation of low-Earth-orbit satellites, with the aim of offering high-speed connectivity to a variety of sectors.
Credit: OneWeb / Twitter
OneWeb, a connectivity provider that was targeting commercial aviation, has filed for Chapter 11 and is seeking a buyer after investment negotiations fell through because of the COVID-19 crisis. “Since the beginning of the year, OneWeb had been engaged in advanced negotiations regarding investment...

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