Skip to main content

follow us

Best Technology News

We provide best technology news for world

Bankrupt OneWeb seeks license for 48,000 satellites, even more than SpaceX

Illustration of a sunrise over planet Earth.

Enlarge (credit: Getty Images | Shulz)

SpaceX and OneWeb have asked for US permission to launch tens of thousands of additional satellites into low Earth orbit.

SpaceX's application to launch 30,000 satellites—in addition to the nearly 12,000 it already has permission for—is consistent with SpaceX's previously announced plans for Starlink.

OneWeb's application to launch nearly 48,000 satellites is surprising because the satellite-broadband company filed for bankruptcy in March. OneWeb is highly unlikely to launch a significant percentage of these satellites under its current structure, as the company reportedly "axed most of its staff" when it filed for bankruptcy and says it intends to use bankruptcy proceedings "to pursue a sale of its business in order to maximize the value of the company." Getting FCC approval to launch more satellites could improve the value of OneWeb's assets and give more options to whoever buys the company.

Read 11 remaining paragraphs | Comments


Read More

You Might Also Like:

Comment Policy: Please write your comments according to the topic of this post. Comments containing a link will not be displayed before approval. Thank you.
Click to Comment