OneWeb — three launches into a series of nearly 20 missions to deploy 650 satellites to provide global Internet service — has announced it filed for Chapter 11 bankruptcy protection and reduced its workforce after unsuccessful negotiations for more cash from its largest investor.
The sixth and final satellite in the U.S. Space Force’s network of secure, jam-resistant AEHF communications satellites has been installed on top of a United Launch Alliance Atlas 5 rocket at Cape Canaveral for liftoff March 26.
The launch came on the heels of a record month for the company, which saw 12 Falcon 9 flights. Liftoff happened at 5:12 a.m. EDT (0912 UTC) from Space Launch Complex 40.