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March 29, 2020 12:01 am -04
OneWeb's dreams of satellite internet access have hit a major setback. The startup has filed for Chapter 11 bankruptcy after attempts to get crucial financing fell through. The company said it was "close" to getting support, but the COVID-19 pandem...
Original Link: https://www.engadget.com/2020/03/28/oneweb-declares-bankruptcy/
Satellite internet startup OneWeb declares bankruptcy to look for a buyer
OneWeb's dreams of satellite internet access have hit a major setback. The startup has filed for Chapter 11 bankruptcy after attempts to get crucial financing fell through. The company said it was "close" to getting support, but the COVID-19 pandem...Original Link: https://www.engadget.com/2020/03/28/oneweb-declares-bankruptcy/
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Engadget
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget