Bankruptcy court frees payment to OneWeb Satellites to restart satellite manufacturing

OneWeb received permission from a U.S. bankruptcy court Friday to pay its satellite vendor to resume building spacecraft for the company’s broadband megaconstellation. The U.S. Bankruptcy Court for the Southern District of New York approved the payment during a July 10 hearing that clears the way for the sale of OneWeb to the British government and Bharti Global, which bid together July 3 as BidCo 100 Ltd. to acquire the bankrupt megaconstellation startup and return it to operations. More

(Source: SpaceNews - Jul 16)