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takyon writes:

OneWeb exits bankruptcy and is ready to launch more broadband satellites

OneWeb has emerged from Chapter 11 bankruptcy under new ownership and says it will begin launching more broadband satellites next month. Similar to SpaceX Starlink, OneWeb is building a network of low-Earth-orbit (LEO) satellites that can provide high-speed broadband with much lower latencies than traditional geostationary satellites.

After a launch in December, "launches will continue throughout 2021 and 2022, and OneWeb is now on track to begin commercial connectivity services to the UK and the Arctic region in late 2021 and will expand to delivering global services in 2022," OneWeb said in an announcement Friday.

[...] OneWeb previously launched 74 satellites into low-Earth orbits and said it plans a launch of 36 more satellites on December 17, 2020. The Friday announcement also said OneWeb plans "a constellation of 650 LEO satellites," but that could be just the beginning. OneWeb in August secured US approval for 1,280 satellites in medium Earth orbits, bringing its total authorization to 2,000 satellites.

Previously: 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
OneWeb Seeks Permission to Launch 48,000 Satellites Despite Bankruptcy
UK Government and Indian Mobile Operator Acquire OneWeb and its Broadband Satellites

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