SoftBank-backed satellite Internet company OneWeb plans to file bankruptcy when markets close in New York on Friday, according to people familiar with the matter.
Start-up satellite Internet provider OneWeb LLC announced on June 25 that it had raised $500 million in equity.
Artwork: The aim is to have the full satellite network in place in 2022 ; Thirty-six satellites have just been shipped to Russia for launch ; Neil Masterson has spent 20 years at Thomson Reuters in various roles ; The priority is to get the first generation satellites launched
This article is about the SpaceX satellite internet service. For other uses, see Starlink... aerospace company SpaceX, [4] providing coverage to over 100 countries and territories. It also...
The company expects to begin launching the first Lightspeed satellites in mid-2026, with global service beginning once the first 156 satellites are in orbit.
Viasat provides essential, easy-to-access home satellite internet service for people living in rural or remote areas where cable companies don’t go.
Internet satellite company OneWeb is aiming to roll out coverage globally after successfully launching an additional 36 satellites Sunday.
Elon Musk's SpaceX would like to further expanded testing of its Starlink satellite internet by connecting the network to aircraft.
New satellite internet concepts are moving ahead. Are some types of companies better positioned to succeed in this growing market than others?
Elon Musk's SpaceX disclosed on Thursday that its Starlink satellite internet service now has "over 10,000 users in the United States and abroad."