Tech

Outmuscled by Elon Musk’s Starlink and Jeff Bezos’ Project Kuiper, SoftBank-backed satellite startup OneWeb is at risk of dying

SoftBank-backed satellite startup OneWeb is reportedly considering filing for bankruptcy as it struggles with big-name rivals and high costs. Despite raising around $US3.3 billion in debt and equity financing from backers like SoftBank, Qualcomm, and Airbus, it’s up against the monetary muscle of Jeff Bezos’ Project Kuiper and Elon Musk’s […]
Outmuscled by Elon Musk’s Starlink and Jeff Bezos’ Project Kuiper, SoftBank-backed satellite startup OneWeb is at risk of dying