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TL;DR "Since the beginning of the year, OneWeb had been engaged in advanced negotiations regarding investment that would fully fund the Company through its dep
by sm4rk0 7y ago
TL;DR
"Since the beginning of the year, OneWeb had been engaged in advanced negotiations regarding investment that would fully fund the Company through its deployment and commercial launch. While the Company was close to obtaining financing, the process did not progress because of the financial impact and market turbulence related to the spread of COVID-19."