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
|
|
Tuesday, February 10
Firefly Targets Feb. 18 For Alpha's Return To Flight
Aviation Week — 7:25 am ET (1225 GMT) Wright State joins U.S. Space Command’s Academic Engagement Enterprise
Spectrum News — 7:24 am ET (1224 GMT) WSU to work with U.S. Space Command
Dayton (OH) Daily News — 7:23 am ET (1223 GMT) Ship Delivers 1st Vulcan Rocket Parts for Inaugural Vandenberg SFB Launch
Noozhawk — 7:23 am ET (1223 GMT) Musk says SpaceX shifting focus to 'self-growing city' on moon before Mars push
Fox Business — 7:19 am ET (1219 GMT) |
