{"id":59737,"date":"2020-05-13T22:46:40","date_gmt":"2020-05-13T14:46:40","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/industry-leaders-sound-off-on-onewebs-collapse\/"},"modified":"2020-05-13T22:46:40","modified_gmt":"2020-05-13T14:46:40","slug":"industry-leaders-sound-off-on-onewebs-collapse","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/industry-leaders-sound-off-on-onewebs-collapse\/","title":{"rendered":"Industry Leaders Sound Off on OneWeb\u2019s Collapse"},"content":{"rendered":"<p>With LeoSat gone, OneWeb in Chapter 11, two of the major Low-Earth Orbit (LEO) players that had ambitious plans \u2014 barring a miraculous phoenix-like rise from the flames \u2014&nbsp;won\u2019t see the light of day. Ironically, all eyes will now be on Canadian operator Telesat which out of all the big traditional Geostationary (GEO) operators has the greatest LEO ambitions with plans for a constellation of around 300 satellites. <\/p>\n<p>Dan Goldberg, Telesat\u2019s CEO, said despite the bankruptcy, OneWeb\u2019s accomplishments as a startup were \u201cimpressive,\u201d as it hired a team of professionals, secured significant financing, built a high-volume manufacturing facility, and successfully launched 74 satellites.<\/p>\n<p>\t\t\t\t<img loading=\"lazy\" width=\"300\" height=\"225\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2015\/01\/bgAepBtnS42ub6cGfTR9_VS_OneWEb_SE_Cover_DGTL-300x225.jpg\" class=\"attachment-medium size-medium\" alt=\"\" style=\"width: 120px; height: auto;\" decoding=\"async\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2015\/01\/bgAepBtnS42ub6cGfTR9_VS_OneWEb_SE_Cover_DGTL-300x225.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2015\/01\/bgAepBtnS42ub6cGfTR9_VS_OneWEb_SE_Cover_DGTL-800x600.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2015\/01\/bgAepBtnS42ub6cGfTR9_VS_OneWEb_SE_Cover_DGTL-640x480.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2015\/01\/bgAepBtnS42ub6cGfTR9_VS_OneWEb_SE_Cover_DGTL.jpg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\">\t\t\t<\/p>\n<h3 class=\"fs-5 mt-0\">Explore the OneWeb Special Edition Issue<\/h3>\n<p class=\"mb-0 fs-smaller text-balance\">Check out more from this issue and find your next story to read.<\/p>\n<p>\t\t\t<button class=\"btn btn-primary\" type=\"button\" data-bs-toggle=\"offcanvas\" data-bs-target=\"#offcanvasMENU\" aria-controls=\"offcanvasExample\" aria-label=\"button\" style=\"white-space: nowrap;\"><br \/>\n\t\t\t\tView More <i class=\"bi bi-arrow-right-circle\"><\/i><br \/>\n\t\t\t<\/button><\/p>\n<p>Goldberg says he believes OneWeb\u2019s initial premise was right: that a LEO constellation has certain inherent advantages \u2013 such as low latency, full pole-to-pole coverage, and greater resiliency \u2013 over other space-based architectures to provide global broadband connectivity. However, he questioned other parts of OneWeb\u2019s strategy, \u201cIf we had any question about OneWeb\u2019s approach, it had more to do with our view that, first, its constellation design was not optimized to deliver sufficient capacity to where users needed it and, second, that the cost-per-unit of useful capacity was too high to be really competitive in the market.\u201d<\/p>\n<p>Goldberg says Telesat remains convinced that a LEO constellation optimized to deliver high capacity, low latency, low cost, secure broadband connectivity exactly to where users need it, whenever they need it, represents both a compelling value proposition for customers and a compelling business proposition for investors. He says the Telesat LEO network has been designed to serve the key verticals the company has always been focused on: backhaul connectivity for telcos and Mobile Network Operators (MNOs); broadband connectivity for the aeronautical and maritime segments and other enterprise users; and high-capacity links to address government requirements. <\/p>\n<p>Goldberg said that Telesat\u2019s use of technology including digitally processed payloads, electronically steered phased array antennas, and high capacity optical inter-satellite links, deployed in a hybrid orbital architecture will bring success. \u201cWe estimate that our constellation, compared to OneWeb\u2019s for example, will deliver approximately 100 times more capacity to any spot on the Earth with vastly more total useable system capacity at a dramatically lower cost-per-unit of useable capacity,\u201d he said. <\/p>\n<p><script>var AIAD_fcd45f981d570e35cee941b23edc69c7_6a67e3bd7c6af;googletag.cmd.push(function(){var AIMAP_29b58f13885ebf8ea6b032f958eb0748 = googletag.sizeMapping().addSize([992, 100], [[970, 90], [970, 250]]).addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_737ce075cc05dd766c8f8ea08f3faa73 = googletag.sizeMapping().addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_21fe3bcfb86a8660aba4e721ee9338f3 = googletag.sizeMapping().addSize([1200, 100], [970, 250]).addSize([768, 100], [600, 300]).addSize([320, 100], [300, 250]).build();AIAD_fcd45f981d570e35cee941b23edc69c7_6a67e3bd7c6af = googletag.defineSlot('\/987\/satellitetoday.com\/via-satellite-digital-issue-ads', [ [600, 300], [300, 250], [970, 250] ], 'div-gpt-ad-1774631144891- 0-6a67e3bd7c6b0').defineSizeMapping(AIMAP_21fe3bcfb86a8660aba4e721ee9338f3).setCollapseEmptyDiv(true).addService(googletag.pubads());   });<\/script><script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1774631144891- 0-6a67e3bd7c6b0'); });<\/script><\/p>\n<h3>Mark Dankberg Says OneWeb is a Cautionary Tale<\/h3>\n<p>Mark Dankberg, Viasat\u2019s CEO, has long been seen as one of the most visionary executives in the industry. He believes that one of the most important principles of Silicon Valley-style venture capital innovation is that individual companies can end up bankrupt without it being considered a failure of the investors, individuals involved, the industry at large, or even the idea behind the venture. <\/p>\n<p>\u201cFailures happen for a variety of reasons \u2013 some meaningful and some random. There is a lot to be learned from OneWeb \u2013 some positive and some negative. The most important point is that the industry, and capital markets, consider the OneWeb story carefully when evaluating both new startups as well as existing players \u2013 and take a balanced view of the advantages and disadvantages of broadband at LEO in the context of alternative solutions,\u201d he says.<\/p>\n<p>Dankberg also says we should not also link NGSO with \u201cconnecting\u201d the world as this is perhaps too simple a way to look at it. <\/p>\n<p>He says, \u201cIf the main advantage of LEO is lower latency, then emerging markets are going to be the least interested in paying a premium for LEO bandwidth. Low latency is a first world desire, not an emerging market necessity. To the extent that GSO satellites, such as ViaSat-3 and subsequent generations, offer substantially lower cost bandwidth, they are much more likely to solve that problem. The mission to connect billions of people around the world is not sad \u2013 it\u2019s still a huge opportunity.\u201d<\/p>\n<p>OneWeb is the first major space casualty of the COVID-19 pandemic, and some within OneWeb believe if the pandemic had not happened, it would not be in bankruptcy right now. On this issue, Dankberg says, \u201cAccessing capital is obviously much more difficult, especially in the short-term. It\u2019s not clear how long that will last. Organizations that are dependent on outside capital will likely have to adjust to that in whatever way they can. However, what the COVID-19 crisis has shown us, is that the global demand for connectivity is essential and presents a huge market opportunity. Satellite remains the best way to connect the hardest-to-reach areas and end markets.\u201d<\/p>\n<h3>Ex-COO Suzi McBride Calls it a \u2018Perfect Storm\u2019 <\/h3>\n<p>Suzi McBride is in a unique position to talk about OneWeb\u2019s situation. The Iridium COO was also COO of OneWeb for just under three years between 2016 and 2019. McBride said that when she joined OneWeb in 2016, it was the biggest player in the market and she saw a lot of potential for OneWeb to capture broadband business. <\/p>\n<p>However, as the landscape changed, McBride believes things got more difficult. She said, \u201cCompanies with deeper pockets have now started to enter and change the landscape with more supply, so honestly I wasn\u2019t surprised, but I was shocked at the seeming finality of the announcement. Funding a LEO network and business is a large endeavor. When you factor that into the current impact the COVID-19 is having on the market, it was unfortunately the perfect storm in terms of timing.\u201d<\/p>\n<p>McBride admits she was \u201csad\u201d to hear the news about OneWeb. \u201cIt\u2019s a great group of people who had a common vision to provide affordable access to information across the globe with the heart and soul to make it happen. I am also sad for the industry as I was impressed with the innovation toward mass satellite production, the excitement back into the space community and U.S. Government, and the goal of providing affordable information access across the globe,\u201d she says.<\/p>\n<p>McBride still believes there is a strong desire for global broadband. She thinks OneWeb\u2019s bankruptcy may provide an opportunity for other players. \u201cSpaceX is making significant strides in launching Starlink and others are still on the hunt. Time will tell on whether these other businesses will emerge as planned, or if there will be any other impacts with current uncertainty in the economy,\u201d she says.<\/p>\n<p><script>var AIAD_fcd45f981d570e35cee941b23edc69c7_6a67e3bd7ce32;googletag.cmd.push(function(){var AIMAP_29b58f13885ebf8ea6b032f958eb0748 = googletag.sizeMapping().addSize([992, 100], [[970, 90], [970, 250]]).addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_737ce075cc05dd766c8f8ea08f3faa73 = googletag.sizeMapping().addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_21fe3bcfb86a8660aba4e721ee9338f3 = googletag.sizeMapping().addSize([1200, 100], [970, 250]).addSize([768, 100], [600, 300]).addSize([320, 100], [300, 250]).build();AIAD_fcd45f981d570e35cee941b23edc69c7_6a67e3bd7ce32 = googletag.defineSlot('\/987\/satellitetoday.com\/via-satellite-digital-issue-ads', [ [600, 300], [300, 250], [970, 250] ], 'div-gpt-ad-1774631144891- 0-6a67e3bd7ce33').defineSizeMapping(AIMAP_21fe3bcfb86a8660aba4e721ee9338f3).setCollapseEmptyDiv(true).addService(googletag.pubads());   });<\/script><script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1774631144891- 0-6a67e3bd7ce33'); });<\/script><\/p>\n<h3>History Lessons from Iridium <\/h3>\n<p>McBride is now at Iridium, one company that defies the negative LEO trend \u2014&nbsp;even though it had to go through a painful rebirth to get through to the other side of today. Matt Desch, Iridium\u2019s CEO, admits he was \u201cnot surprised\u201d to hear of the OneWeb bankruptcy, as he admits that creating communications constellations is extremely challenging, requiring patient investors and perfect execution.<\/p>\n<p>Desch says the story is different this time around than when Iridium went bankrupt in the late 1990s. \u201cHistory is a little different this time \u2013 investors are pulling the plug on networks before they are completed, or in the case of LeoSat, before they even got started,\u201d he says. \u201cI think the news speaks more to the situations at LeoSat and OneWeb than it does about the overall satellite industry, which remains healthy. These failures are to be expected with entrepreneurial activity \u2013 it\u2019s just that failures in developing constellations are much more spectacular given the levels of capital that must be spent before you can tell if they are even minimally viable.\u201d<\/p>\n<p>One of the questions now is what happens next for OneWeb, and whether the system can be revived. Desch believes it is more likely more likely that buyers will covet the spectrum and initial build regulatory milestone. \u201cUnlike Iridium, where the network was complete and likely to last at least 10 years (we were very fortunate to get more than 20 years out of our first-generation system), OneWeb still requires substantial capital, and will need to be replaced much more quickly. Unless [there is] another existing mega-constellation as a buyer, I think investors might be deterred by the other announced systems being funded by investors with deep pockets, with very low launch costs,\u201d he says. <\/p>\n<p>Iridium and OneWeb signed a Memorandum of Understanding (MOU) in September 2019 to develop a combined service, but Desch said that little work had progressed since the annoucement, as OneWeb was still focused on its basic service. \u201cIridium is a complementary service to these big Ka- and Ku-band mega-constellations, and we will be glad to work with whoever would like to provide a better service for their customers using our unique L-band technology,\u201d he says. <\/p>\n<p>Desch believes OneWeb was a bold venture, and he says they deserve credit for inspiring other even bolder ventures, some that are still underway. \u201cLike Iridium in its day, OneWeb may have been too early though. In particular, the key for these commodity broadband networks, going back to even Teledesic in the 1990s, is a very low cost and self-installable user terminal. Unfortunately, no one has cracked the physics on that problem yet, and until they do, it will be very difficult to make these ventures quickly successful, which is what their investors seem to expect, he says.<\/p>\n<h3>LeoSat Alum Recognized Serious Challenges<\/h3>\n<p>Ronald Van Der Breggen, the ex-CCO of LeoSat is also uniquely placed to talk on this issue, given his recent experiences at LeoSat. He says he was shocked when OneWeb declared bankruptcy, but its business model had serious challenges. <\/p>\n<p>\u201cBuilding your business around low Average Revenue Per User (APRU) customers is always a challenge, and doing so in areas where companies are building cable systems and 4G\/5G infrastructure, is just adding to the problem,\u201d Van Der Breggen says. \u201cThis is so bad for our industry and for the many customers who are looking to our industry for solutions they cannot get from the terrestrial industry. They will have to wait again. Finding out that $3 billion has been burned over the years makes me extremely uncomfortable as that is more than the total funding requirement that LeoSat had. It is so sad.\u201d<\/p>\n<p>Van Der Breggen says that communication satellites in GEO, MEO or LEO, should be looked to for filling the gaps that cables, microwave, and cell towers leave open in their expansion plans. He sees satellites filling the gap as a last resort solution for the unconnected, but that they enter into low ARPU business models with a high likelihood to being replaced by cables or 4G once the business becomes successful. <\/p>\n<p>He believes being a \u201cgap filler\u201d only works for so long. \u201cIf you have capacity to spare, this may be fine. Building your entire business on it is quite different. There are early tell-tale signs: lack of customer take-up, constant back and forth with investors on costs and continuously changing business plans as a result of the world\u2019s telecom infrastructure evolving. OneWeb \u2013 and Teledesic back in the day \u2013 fell victim to this. While for LeoSat the outcome was the same \u2013 investors pulled out and money ran dry \u2013 it wasn\u2019t because of costs, changing business plans or lack of customers,\u201d he says. \u201cQuite the contrary: customers were lined up in the billions, which is what makes me so positive about the state of our industry. If the proposed services are not gap fillers, but the ones with sustainable advantages over what cables or wireless can offer, then our industry is headed for a great future. Constellations with these sustainable advantages can and will be built.\u201d<\/p>\n<p><script>var AIAD_fcd45f981d570e35cee941b23edc69c7_6a67e3bd7d663;googletag.cmd.push(function(){var AIMAP_29b58f13885ebf8ea6b032f958eb0748 = googletag.sizeMapping().addSize([992, 100], [[970, 90], [970, 250]]).addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_737ce075cc05dd766c8f8ea08f3faa73 = googletag.sizeMapping().addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_21fe3bcfb86a8660aba4e721ee9338f3 = googletag.sizeMapping().addSize([1200, 100], [970, 250]).addSize([768, 100], [600, 300]).addSize([320, 100], [300, 250]).build();AIAD_fcd45f981d570e35cee941b23edc69c7_6a67e3bd7d663 = googletag.defineSlot('\/987\/satellitetoday.com\/via-satellite-digital-issue-ads', [ [600, 300], [300, 250], [970, 250] ], 'div-gpt-ad-1774631144891- 0-6a67e3bd7d664').defineSizeMapping(AIMAP_21fe3bcfb86a8660aba4e721ee9338f3).setCollapseEmptyDiv(true).addService(googletag.pubads());   });<\/script><script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1774631144891- 0-6a67e3bd7d664'); });<\/script><\/p>\n<h3>NSR Analyst Saw Red Flags Ahead of COVID-19<\/h3>\n<p>Claude Rousseau, a senior analyst at NSR admits he was not surprised that OneWeb ended going into bankruptcy, but that the timing was sooner than expected. He said that although OneWeb cited funding issues related to the pandemic, there were earlier signs pointing to trouble. \u201cReports that their main investor, Softbank, through its Vision Fund, was pressured for several months by activist investors to reassess its money losing investments, including OneWeb, already raised red flags,\u201d Rousseau says. <\/p>\n<p>NSR had noted in the past that building LEO and High Throughput Satellite (HTS) constellations are CapEx-intensive with total expenses that are for the most part vastly underestimated.  In addition, proponents have regularly presented overly optimistic revenue-generating businesses cases. \u201cThere is a d\u00e9j\u00e0 vu feeling in a sense. However, on the positive side, the large influx of capital that they brought has led to many technology advances both in the space and on the ground segment that the industry can leverage for future use,\u201d he says. <\/p>\n<p>In terms of what happens next with OneWeb, Rousseau speculates on one or two potential scenarios. <\/p>\n<p>\u201cWe\u2019ve seen the U.S. Department of Defense (DoD) contract with Iridium when it came out of bankruptcy back in 2003. So that may be an avenue, but it would require further capital expenditure,\u201d he says. \u201cOther than that, perhaps Amazon for the spectrum and production facility or any other [major tech company] like Google, Amazon, Facebook, Apple, or Microsoft that are willing to join the race. A last resort would be for Airbus to remain active in the high-pace constellation satellite manufacturing game.\u201d<\/p>\n<p>Rousseau does not believe that COVID-19 can be used as an excuse for the operator\u2019s demise. \u201cThere is not really a direct relation between COVID-19 and the OneWeb bankruptcy, it has only accelerated their demise,\u201d he says. \u201cWe may see the long-awaited satellite market horizontal and vertical integration via mergers and acquisitions pick up pace as a result.\u201d<strong>  VS<\/strong><\/p>\n<p>,<\/p>\n<h2 class=\"widget-title\">In This Issue<\/h2>\n<p>\t\t\t\t\t<!-- post id 291:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img loading=\"lazy\" width=\"300\" height=\"200\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/tob0Ree5SEq6eCB5dCur_ST28_Liftoff-FULL-2-1-300x200.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/tob0Ree5SEq6eCB5dCur_ST28_Liftoff-FULL-2-1-300x200.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/tob0Ree5SEq6eCB5dCur_ST28_Liftoff-FULL-2-1-800x533.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/tob0Ree5SEq6eCB5dCur_ST28_Liftoff-FULL-2-1-640x427.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/tob0Ree5SEq6eCB5dCur_ST28_Liftoff-FULL-2-1.jpg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tFrom Liftoff to Chapter 11: Inside OneWeb\u2019s Final Weeks<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3 d-block d-md-none\">\n\t\t\t\t\t\t<!-- post id 292:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img width=\"300\" height=\"225\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/dLiOaTzTy6N4QbQeb6gZ_VS_OneWEb_Wyler_Opener-300x225.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/dLiOaTzTy6N4QbQeb6gZ_VS_OneWEb_Wyler_Opener-300x225.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/dLiOaTzTy6N4QbQeb6gZ_VS_OneWEb_Wyler_Opener-800x600.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/dLiOaTzTy6N4QbQeb6gZ_VS_OneWEb_Wyler_Opener-640x480.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/dLiOaTzTy6N4QbQeb6gZ_VS_OneWEb_Wyler_Opener.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tIn the Eye of the Storm: Greg Wyler Breaks Cover to Talk OneWeb<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3\">\n<p>\t\t\t\t\t<!-- post id 295:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img width=\"300\" height=\"150\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/TSPNnYiYSyrBuBUxwA4c_web.space_.oneweb.stage_-300x150.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/TSPNnYiYSyrBuBUxwA4c_web.space_.oneweb.stage_-300x150.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/TSPNnYiYSyrBuBUxwA4c_web.space_.oneweb.stage_-800x400.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/TSPNnYiYSyrBuBUxwA4c_web.space_.oneweb.stage_-640x320.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/TSPNnYiYSyrBuBUxwA4c_web.space_.oneweb.stage_.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tOneWeb\u2019s Red Flags Were Easy to Ignore<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3 d-block d-md-none\">\n\t\t\t\t\t\t<!-- post id 294:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img width=\"300\" height=\"236\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/Fpy1cfi0RYSfFVGBRhAU_Tom_Choi_Clipped-300x236.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/Fpy1cfi0RYSfFVGBRhAU_Tom_Choi_Clipped-300x236.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/Fpy1cfi0RYSfFVGBRhAU_Tom_Choi_Clipped-800x631.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/Fpy1cfi0RYSfFVGBRhAU_Tom_Choi_Clipped-640x505.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/Fpy1cfi0RYSfFVGBRhAU_Tom_Choi_Clipped.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tTom Choi: OneWeb\u2019s Failure Will Dent New Space Investment<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With LeoSat gone, OneWeb in Chapter 11, two of the major Low-Earth Orbit (LEO) players that had ambitious plans \u2014 barring a miraculous phoenix-like rise from the flames \u2014&nbsp;won\u2019t see the light of day. Ironically, all eyes will now be on Canadian operator Telesat which out of all the big traditional Geostationary (GEO) operators has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":59738,"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-59737","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/59737"}],"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=59737"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/59737\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/59738"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=59737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=59737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=59737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}