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posted by martyb on Thursday May 28 2020, @12:15PM   Printer-friendly
from the does-it-go-round-in-circles?-♬♬ dept.

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

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.

SpaceX Approved to Deploy 1 Million U.S. Starlink Terminals; OneWeb Reportedly Considers Bankruptcy
OneWeb Goes Bankrupt, Lays Off Staff, Will Sell Satellite-Broadband Business

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  • (Score: -1, Offtopic) by Anonymous Coward on Thursday May 28 2020, @01:13PM (2 children)

    by Anonymous Coward on Thursday May 28 2020, @01:13PM (#1000144)

    Learn to code.

    You will hear rumors that coders command huge salaries of at least six figures. This is a lie. The most you will earn during your coding career is zero. Free open source software is free and open source. Nobody will pay you to write code that everybody can take from you for free. You will die poor.

    You will hear rumors that coders are in high demand. This is a lie. There are zero coding jobs and there is no demand for coders. Computer science education and code boot camps are scams designed to waste your time and waste your money on false promises. You will die poor.

    You will hear rumors of people who claim to be employed as coders earning six figure salaries. This is a lie. These people are shills who give the illusion of legitimacy to the tech industry. These people are trying to trick you into believing that learning to code will be a lucrative investment. In reality your return on investment will be negative. You will die poor.

    The tech industry is based entirely upon fraud. If you are foolish enough to learn to code, if you are cursed to be genuinely passionate about coding, you will be unemployable for life. You will die poor.

    Learn to code. Die poor.

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  • (Score: 0) by Anonymous Coward on Thursday May 28 2020, @01:26PM

    by Anonymous Coward on Thursday May 28 2020, @01:26PM (#1000145)

    Tell that to Bill Gates.

  • (Score: 0) by Anonymous Coward on Thursday May 28 2020, @01:38PM

    by Anonymous Coward on Thursday May 28 2020, @01:38PM (#1000150)

    This may be true if you ONLY know how to code. Most people need multiple skills in order to be employable.

    That said, when I switched from looking for to Python in my job searches, I got a large number of hits and even a few interviews. This is in flyover country.

    Obviously, your mileage may vary.