Company OneThe website is a competitor to Starlink satellites. Its intention was to send a large number of satellites into space and provide internet to the whole world. The largest lender Soft Bank, which invested two billion dollars in the company, has now suspended financing.ancdue to concerns about a possible economic crisis caused by the pandemic. The company OneThe website has filed for protection from creditors, meaning it faces restructuring and layoffs. OneThe website sent 74 satellites into space, the intention was 650.
You might be interested in