Constellation startup Sky and Space Global files for Australian equivalent of Chapter 11 bankruptcy

by Peter B. de Selding

UPDATE April 23: Administrators handling Sky and Space Global's Australian equivalent of Chapter 11 bankruptcy proceedings said they would ask for an extension of time to sort out options "due to the complexities" of the case and given sentiments expressed at the initial creditors' meeting.

The administrators will begin an "urgent expressions of interest campaign for the company, its business and/or assets including its subsidiaries." In parallel, they will investigate a possible restructuring.

PARIS — Startup satellite constellation messaging/IoT service provider Sky and Space Global Limited (SAS) has filed for the . . .

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