OneWeb suffers $229m hit on Russian launches
Constellation operator OneWeb, itself in the process of merging with Paris-based Eutelsat, has booked a $229 million (€230.9m) impairment charge caused by the ending of its six-launch contract with Russia’s Soyuz rockets because of “geo-political” problems. OneWeb has also seen 36 of its costly satellites stuck at the Baikonur Cosmodrome, and now unlikely to be […]