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After years of growth and significant capital invested in Satellite & Space venture-backed startups, the "feel good" era of "Venture Space" will be affected sharply as a result of the COVID-19-induced recession.
OneWeb’s Chapter 11 bankruptcy filing was a surprise in timing only, as the company had been struggling for years to raise capital. Was COVID-19 the death blow? Was OneWeb the unfortunate victim of a Softbank investment pullback? Or, was OneWeb’s technical/business/financing model fundamentally flawed from the beginning?
How will the Satellite & Space industry fare against the novel coronavirus threat? Which sectors and companies are relativity more immune to debilitating economic effects that are beginning to unfold? Which sectors are most at risk, and how will earlier-stage companies fare?
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