Main Engine Cut Off

OneWeb’s Bankruptcy-to-Spectrum Sale Timing Was Not Accidental

Caleb Henry, for SpaceNews, with a paragraph written so well it stopped me in my tracks. A must-read on OneWeb’s bankruptcy and the strategy of its timing with regards to its upcoming spectrum sale:

OneWeb’s primary spectrum filings cover Ku-band frequencies for downlinks and Ka-band for uplinks for a constellation of 720 satellites in low Earth orbit. The company brought that spectrum into use with the International Telecommunication Union, and passed the agency’s 10% milestone last month when it launched 34 satellites on an Arianespace Soyuz days before filing for bankruptcy.

Cut and run once the spectrum asset was sufficiently attractive. If Amazon doesn’t jump at this sale, I’d be shocked.