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, June 4
Europe advances Pu-238 supply chain for deep space
ESA — 5:43 am ET (0943 GMT) SpaceX Launches 24 Starlink Satellites from Vandenberg SFB Wednesday Morning
Santa Barbara (CA) Edhat — 5:42 am ET (0942 GMT) U.S. Space Force to build new facility, move acquisition unit and expand officer training course in Colorado, lawmaker says
Aerospace America — 5:39 am ET (0939 GMT) Hatcher takes command at Space Forces Korea
US Space Force — 5:38 am ET (0938 GMT) France opens Space Command to Japanese officer as ties deepen under new road map
Japan Times — 5:38 am ET (0938 GMT) |
