OneWeb
Satellite ‘frenemies’ OneWeb and Intelsat partner to bring multiorbit internet to airlines
Satellite communication rivals Intelsat and OneWeb have announced an unlikely alliance to deliver multiorbit, in-flight internet connectivity to commercial airlines around the world. The deal will see
Eutelsat and OneWeb agree on merger to create European satellite juggernaut
Two major players in the European satellite space are merging in a $3.4 billion all-share transaction, a move that is widely seen as a challenge to Elon Musk’s SpaceX. Rumors emerged earlier thi
Relativity Space inks deal with OneWeb, reaches $1.2B in Terran R launch contracts
Relativity Space will be sending OneWeb’s second-gen broadband satellites to orbit starting in 2025 using its fully reusable 3D-printed rocket Terran R, under a new multi-launch agreement. This is t
Max Q: Mines and metals
Hello and welcome back to Max Q. There is SO much news this week, so let's dive in. In this issue: Astroforge's asteroid mining ambitions, Boeing's Starliner comes home, and more
Max Q: Russian invasion reverberates through space industry
This week, Max Q again puts the focus on the ongoing invasion of Ukraine by Russia, and the resulting halo effects that’s having on the international space industry. Neither private companies, l
SpaceX’s Starlink forms India subsidiary, aims to deploy 200,000 active terminals by 2022
Starlink, part of Elon Musk’s SpaceX company, has registered its business in India and is preparing to apply for licenses from the local government, according to a top official. “Pleased t
To continue exploring space sustainably, we must act now
We’re at the start of a gold rush in outer space — and our track record for the sustainable development of any environment during gold rushes hasn’t been particularly noteworthy.
Isotropic Systems raises $40 million for a satellite antenna that could make the most of new constellations
U.K.-based Isotropic Systems has raised a $40 million funding in an “oversubscribed” round that the startup says will help it get its next-generation broadband terminal to the production p
OneWeb has now raised $1.4B, with $400M from SoftBank and Hughes, to help fund its first satellite fleet
After a troubled year that saw broadband satellite operator OneWeb file for bankruptcy, get rescue finance from the U.K. government and Bharti, and then emerge out of that with a launch of part of its
OneWeb launches 36 satellites to join its global broadband constellation on orbit
In a return to active launch, constellation satellite operator OneWeb has sent 36 new satellites to join its existing spacecraft on orbit. This is the third large batch of OneWeb satellites to be deli
OneWeb emerges from bankruptcy, aims to begin launching satellites again on December 17
Broadband communication satellite company OneWeb has emerged from its Chapter 11 bankruptcy protection status, the company announced today. It’s now also officially owned by a consortium consist
The UK government to acquire satellite company OneWeb in deal funded in part by India’s Bharti Global
Distressed satellite constellation operator OneWeb, which had entered bankruptcy protection proceedings at the end of March, has completed a sale process, with a consortium led by the U.K. Government
What’s next for space tech? 9 VCs look to the future
Space is a special category of VC investment in the best of times — and the COVID-19 pandemic is not the best of times. Still, investors focused on and familiar with space see a lot of opportunity i
Intelsat files for bankruptcy protection
Global satellite operator Intelsat has voluntarily filed for Chapter 11 bankruptcy protection, the company announced late on Wednesday. Intelsat has attempted to position this as a positive moment tha
SoftBank-backed Oyo cuts salaries, furloughs employees
Oyo is furloughing more employees globally and levying a 25% pay cut across the board through July this year as the Indian budget lodging startup looks to reduce its expenses to deal with the coronavi
SoftBank expects $24 billion in losses from Vision Fund, WeWork and OneWeb investments
The Japanese technology conglomerate SoftBank Group said it would lose a staggering $24 billion on investments made through its Vision Fund and bets on the co-working real estate company WeWork and sa
India’s Oyo furloughs thousands of employees as revenue drops by over 50%
Oyo has placed thousands of employees on leave and furloughs for up to three months in the U.S. and several other markets as the Indian budget lodging firm contends the coronavirus outbreak that has c
OneWeb to file for bankruptcy as effort to secure funding, including from investor SoftBank, falls through
Broadband constellation satellite operator OneWeb will file for bankruptcy protection in the U.S., likely some time Friday, after attempts to secure new funding, including from existing investor SoftB
OneWeb confirms layoffs and potential launch schedule delays amid reported bankruptcy considerations
Satellite operator OneWeb has confirmed that its workforce has been reduced via layoffs, after TechCrunch learned that it reduced its workforce by as much as 10% this week. The company did not confirm
Orbital debris startup Astroscale chosen by JAXA for its first space junk removal mission
Japanese orbital debris removal technology startup Astroscale is going to be working with the Japan Aerospace Exploration Agency (JAXA) on the agency’s first mission to remove some of the junk t