The UK buys a 45 percent stake in broke satellite startup OneWeb

After losing access to the EU's satellite-navigation system Galileo due to Brexit, the UK is hoping to replace it with OneWeb satellites. A government-led consortium has won an auction for the satellite internet company, which filed for Chapter 11 ba...

Satellite internet startup OneWeb declares bankruptcy to look for a buyer

OneWeb's dreams of satellite internet access have hit a major setback. The startup has filed for Chapter 11 bankruptcy after attempts to get crucial financing fell through. The company said it was "close" to getting support, but the COVID-19 pandem...

Amazon plans to launch thousands of internet satellites

Amazon wants to launch thousands of low Earth orbit satellites to offer internet connection across the planet. With Project Kuiper, it aims to deploy 3,236 satellites to cover areas where about 95 percent of the global population live. Details otherw...

Russia balks at US-run OneWeb satellite internet over security concern

Russia's Federal Security Service (FSB) has thrown a wrench in a planned deal that would bring internet access to the most rural and remote parts of the country, according to Reuters. United States-based startup OneWeb was set to launch a satellite p...