{"id":23127,"date":"2020-11-21T23:34:17","date_gmt":"2020-11-21T15:34:17","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/oneweb-emerges-from-the-ashes-of-bankruptcy-with-new-ceo\/"},"modified":"2020-11-21T23:34:17","modified_gmt":"2020-11-21T15:34:17","slug":"oneweb-emerges-from-the-ashes-of-bankruptcy-with-new-ceo","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/oneweb-emerges-from-the-ashes-of-bankruptcy-with-new-ceo\/","title":{"rendered":"OneWeb emerges from the ashes of bankruptcy with new CEO"},"content":{"rendered":"<figure class=\"img-border featured-image wp-block-image--obfuscated\">\n<p>\t<img width=\"100%\" src=\"https:\/\/spaceexplored.com\/wp-content\/themes\/ninetofive\/dist\/images\/default-spaceexplored-related-guide.png?w=1600\" class=\"skip-lazy wp-post-image\" alt=\"\" srcset=\"https:\/\/i0.wp.com\/spaceexplored.com\/wp-content\/themes\/ninetofive\/dist\/images\/default-spaceexplored-related-guide.png?w=320&amp;quality=82&amp;strip=all&amp;ssl=1 320w, https:\/\/i0.wp.com\/spaceexplored.com\/wp-content\/themes\/ninetofive\/dist\/images\/default-spaceexplored-related-guide.png?w=640&amp;quality=82&amp;strip=all&amp;ssl=1 640w, https:\/\/i0.wp.com\/spaceexplored.com\/wp-content\/themes\/ninetofive\/dist\/images\/default-spaceexplored-related-guide.png?w=1024&amp;quality=82&amp;strip=all&amp;ssl=1 1024w, https:\/\/i0.wp.com\/spaceexplored.com\/wp-content\/themes\/ninetofive\/dist\/images\/default-spaceexplored-related-guide.png?w=1500&amp;quality=82&amp;strip=all&amp;ssl=1 1500w\" decoding=\"async\" fetchpriority=\"high\" data-attachment-id=\"6807\" data-permalink=\"https:\/\/spaceexplored.com\/2020\/11\/20\/oneweb-emerges-from-the-ashes-of-bankruptcy-with-new-ceo\/onewebflags\/\" data-orig-file=\"https:\/\/spaceexplored.com\/wp-content\/themes\/ninetofive\/dist\/images\/default-spaceexplored-related-guide.png\" data-orig-size=\"1920,1080\" data-comments-opened=\"1\" data-image-title=\"OneWebFlags\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/spaceexplored.com\/wp-content\/themes\/ninetofive\/dist\/images\/default-spaceexplored-related-guide.png?w=1024\"><br \/>\n\t<\/figure>\n<p class=\"wp-block-paragraph\">Today OneWeb announced it has chosen a new CEO to run the company as it rises out of Chapter 11 bankruptcy. This follows OneWeb\u2019s restructuring process after the UK and Bharti Global Limited invested $1 billion to keep the company afloat.<\/p>\n<p><ins data-ad-format=\"auto\" class=\"adsbygoogle adsbygoogle-noablate\" data-ad-client=\"ca-pub-7125080057269629\" data-adsbygoogle-status=\"done\" style=\"display: block; margin: auto; background-color: transparent; height: 0px;\"><iframe loading=\"lazy\" id=\"aswift_2\" name=\"aswift_2\" style=\"left: 0px; position: absolute; top: 0px; border: 0px; width: 775px; height: 0px; min-height: auto; max-height: none; min-width: auto; max-width: none;\" sandbox=\"allow-forms allow-popups allow-popups-to-escape-sandbox allow-same-origin allow-scripts allow-top-navigation-by-user-activation\" width=\"775\" height=\"0\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" vspace=\"0\" hspace=\"0\" allowtransparency=\"true\" scrolling=\"no\" src=\"https:\/\/googleads.g.doubleclick.net\/pagead\/ads?gdpr=0&amp;us_privacy=1YNN&amp;gpp=DBABL~BVQqAAAAAg&amp;gpp_sid=7&amp;client=ca-pub-7125080057269629&amp;output=html&amp;h=280&amp;num_ads=1&amp;adk=2072073738&amp;adf=712772469&amp;abgtt=7&amp;w=775&amp;fwrn=4&amp;fwrnh=100&amp;lmt=1783322827&amp;rafmt=1&amp;armr=3&amp;sem=mc&amp;pwprc=4018519472&amp;ad_type=text_image&amp;format=775x280&amp;url=https%3A%2F%2Fspaceexplored.com%2F2020%2F11%2F20%2Foneweb-emerges-from-the-ashes-of-bankruptcy-with-new-ceo%2F&amp;host=ca-host-pub-5506057612223327&amp;fwr=0&amp;pra=3&amp;rh=194&amp;rw=774&amp;rpe=1&amp;resp_fmts=3&amp;asro=0&amp;aimartd=4&amp;aieuf=1&amp;aicrs=1&amp;fa=27&amp;dt=1783322827473&amp;bpp=2&amp;bdt=3991&amp;idt=2&amp;shv=r20260701&amp;mjsv=m202606290101&amp;ptt=9&amp;saldr=aa&amp;abxe=1&amp;cookie=ID%3Dca9555a57a2f2561%3AT%3D1783311541%3ART%3D1783322635%3AS%3DALNI_MZ9A7T4VwT-tN8evk0ZwKoZ5JakhQ&amp;gpic=UID%3D000014b2e7cdc06e%3AT%3D1783311541%3ART%3D1783322635%3AS%3DALNI_MaSgUh-RdxMjeT5RHjKJMdOokxhLw&amp;eo_id_str=ID%3D884394a5f2fa4ed6%3AT%3D1783311541%3ART%3D1783322635%3AS%3DAA-AfjZ32sxFDDemDeSI8J0eSBXq&amp;prev_fmts=0x0%2C336x280&amp;nras=2&amp;correlator=1697621565727&amp;frm=20&amp;pv=1&amp;u_tz=480&amp;u_his=1&amp;u_h=960&amp;u_w=1707&amp;u_ah=912&amp;u_aw=1707&amp;u_cd=24&amp;u_sd=1.5&amp;dmc=8&amp;adx=96&amp;ady=1151&amp;biw=1421&amp;bih=637&amp;scr_x=0&amp;scr_y=0&amp;eid=95395661%2C42533294%2C95391229%2C95393485&amp;oid=2&amp;pvsid=8694891311712142&amp;tmod=467204046&amp;uas=0&amp;nvt=1&amp;fc=1408&amp;brdim=133%2C96%2C133%2C96%2C1707%2C0%2C1441%2C720%2C1438%2C637&amp;vis=1&amp;rsz=%7C%7Cs%7C&amp;abl=NS&amp;fu=128&amp;bc=31&amp;bz=1&amp;pgls=CAk.&amp;ifi=3&amp;uci=a!3&amp;btvi=2&amp;fsb=1&amp;dtd=14\" data-google-container-id=\"a!3\" tabindex=\"0\" title=\"Advertisement\" aria-label=\"Advertisement\" data-load-complete=\"true\" data-google-query-id=\"CMr914zDvZUDFfdFwgUd1VEJNw\"><\/iframe><\/ins><\/p>\n<p><span id=\"more-6800\"><\/span><\/p>\n<p class=\"wp-block-paragraph\">OneWeb selected Neil Masterson to be its new CEO leading up to the company\u2019s next launch in December. Masterson has served as co-COO for Thomson Reuters, a news and technology company headquartered in Canada. He replaces Adrian Steckel as CEO who oversaw the launch of the company\u2019s 74 satellites. Steckel will now serve as an advisor to the board.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cI am looking forward to helping the OneWeb team deliver and commercialize their vision to provide internet access across the globe. OneWeb has a strong social purpose to improve the world\u2019s access to information, which I share. It has great talent, a compelling commercial opportunity, and is supported by committed and knowledgeable owners and investors.<\/em><\/p>\n<p><cite>Neil Masterson, CEO OneWeb<\/cite><\/p><\/blockquote>\n<p class=\"wp-block-paragraph\">Alongside announcing a new CEO, OneWeb also has a date for its next launch of its satellites. OneWeb produces its satellites in Florida across the street from Blue Origin\u2019s New Glenn manufacturing site and has reponed both of the production lines since shutting them down after declaring bankruptcy early this year. The satellites have been shipped to&nbsp;the Vostochny Cosmodrome in Russia where it will be launched on a Soyuz rocket purchased through Arianespace. The current launch date is December 17th.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cOur December launch puts the UK firmly in the global space business, alongside acknowledged Indian telecoms experts, Bharti Global. OneWeb will be a model for responsible co-operation in Space.\u201d<\/em><\/p>\n<p><cite>Neil Masterson, CEO OneWeb<\/cite><\/p><\/blockquote>\n<p class=\"wp-block-paragraph\">The UK Government and Bharti Global Limited have invested a total of $3.3 billion so far to support launches through 2022. OneWeb still only has about 10% of its constellation up and after 2022, if it keeps to the three launches a year schedule, might have close to half of its planned constellation up. Its main competitor, SpaceX\u2019s Starlink, is already in beta for the northern United States and Canada. With OneWeb\u2019s higher orbit design, it will need fewer satellites to complete its constellation. That\u2019s compared to the several thousand Starlink and Amazon\u2019s Keiper will need.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today OneWeb announced it has chosen a new CEO to run the company as it rises out of Chapter 11 bankruptcy. This follows OneWeb\u2019s restructuring process after the UK and Bharti Global Limited invested $1 billion to keep the company afloat. OneWeb selected Neil Masterson to be its new CEO leading up to the company\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-23127","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/23127"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=23127"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/23127\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=23127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=23127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=23127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}