PARIS — Startup broadband mega-constellation operator OneWeb’s recent change of CEO and its continued lack of debt financing is feeding concerns among industry officials of the consequences for the commercial space sector if the multibillion-dollar constellation is seriously delayed, downsized or worse.
OneWeb, founded by Greg Wyler and backed by Softbank and a half-dozen OneWeb suppliers that have purchased equity, is the showcase mega-constellation. It is the only one that has selected an industrial prime contractor — in this case, a joint venture between Airbus Defence and Space and OneWeb . . .
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