OneWeb requests FCC approval for 48,000 satellite constellation


Capitalism in space: Despite declaring bankruptcy in March, the satellite communications company OneWeb has applied for an FCC license to launch as many as 48,000 satellites in its planned constellation to provide global internet access.

This suggests the company fully expects to continue operations after exiting bankruptcy procedures.

2 comments

  • Ian C.

    This suggests the company fully expects to continue operations

    It could also be used to signal health and vision to investors, bankers, authorities.

  • Dick Eagleson

    More likely a ploy to increase the value of its spectrum rights asset. At this point what does OneWeb really have to lose by running this Hail Mary play?

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