OneWeb exits Chapter 11 bankruptcy
Posted: Fri, Nov 27, 2020, 10:48 AM ET (1548 GMT)
OneWeb emerged from Chapter 11 bankruptcy Nov. 20 with a new CEO. The company announced it had completed all the paperwork to formally exit Chapter 11 under a new ownership group led by Bharti Global and the British government. The company is now led by Neil Masterson, former co-chief operating officer of Thomson Reuters. Adrian Steckel, who had been OneWeb's CEO for more than two years, will stay on as an adviser. OneWeb said it will resume launches of satellites for its broadband constellation next month, with a Soyuz launch from Russia.
OneWeb emerged from Chapter 11 bankruptcy Nov. 20 with a new CEO. The company announced it had completed all the paperwork to formally exit Chapter 11 under a new ownership group led by Bharti Global and the British government. The company is now led by Neil Masterson, former co-chief operating officer of Thomson Reuters. Adrian Steckel, who had been OneWeb's CEO for more than two years, will stay on as an adviser. OneWeb said it will resume launches of satellites for its broadband constellation next month, with a Soyuz launch from Russia.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
|
|
news links
|
|
Thursday, March 26
Firefly Aerospace Supports U.S. Space Force VICTUS DIEM Exercise
GlobeNewswire — 6:15 am ET (1015 GMT) Debrief: Starlink Constellation Grows To 10,000 Satellites
Aviation Week — 6:14 am ET (1014 GMT) Iceland and Norway join EU's Starlink competitor, IRIS2
EurActiv — 6:12 am ET (1012 GMT) Namibia officially explains rejection of Starlink application
CAJ News — 6:12 am ET (1012 GMT) White House pushes to finalize Huntsville as Space Command HQ; DOJ moves to dismiss Colorado lawsuit
WAFF-TV — 6:11 am ET (1011 GMT) |
