2 ms·
> What lots of people expect is kind of irrelevant... OneWeb going bankrupt suggests that profit margins will be low at best, negative at worst. Cheaper launch
by nickik 7y ago
> What lots of people expect is kind of irrelevant... OneWeb going bankrupt suggests that profit margins will be low at best, negative at worst. Cheaper launch cost is not enough to change the business from to non-viable to hugely profitable.
Your comment here is pure speculation.
From everything we know, the problem for them was huge capital cost and massive required cashflow to buy launches. All that when your competition has the exact opposite situation totally vertically integrated from the rocket launch to the manufacturing of the whole satellite.
Starlink has so far always gotten tons of money when they asked for it, suggesting the exact opposite of what you stated. OneWeb was just unlikely to get there.
- greglindahl 7y agoOneWeb was projected to need $7 billion to get to production usage, of which only $1 billion is the 21 Soyuz launches. The main killer is growth in the cost of their satellites (co-produced with Airbus) and ground stations.