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UK to bid for purchase of bankrupt OneWeb

Capitalism in space? The United Kingdom appears about to bid $500 million to purchase the bankrupt satellite communications company OneWeb, apparently in an effort to use its satellites as a quick form of GPS-type satellites.

Among the uses being claimed for OneWeb’s technology is that it could be an alternative Galileo, the GPS satellite constellation built by the EU. Britain was kicked out of the project as a result of Brexit. Some have speculated OneWeb might be used as a cheaper alternative.

However, while acquiring such a satellite network would be a coup, industry sources are divided on whether the satellites could be easily retrofitted to perform a role as GPS. GPS technology is also owned by the US, and Washington has been against its allies building rival systems. “The system was built as a communications network,” says one source, questioning how easily it could be changed to GPS.

The article also notes that three Chinese companies are also considering bidding. All these foreign bids (especially the Chinese ones) however face U.S. government review, which will I expect almost certainly reject the Chinese bids.

The deadline for bids is tonight, so we shall find out soon.

Genesis cover

On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.

 
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.


The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
 

"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News

One comment

  • Col Beausabre

    1) Cheaper and easier to become a partner on GPS (if they aren’t already)
    2) Yeah, that sounds like a recipe for success, a government takeover of a bankrupt company

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