Russia refuses to launch and seizes 36 satellites, OneWeb assets write off by $230 million


Earlier this year, Russia refused to launch and indefinitely seized 36 satellites for British satellite startup OneWeb, which resulted in a $230 million impairment of the latter’s assets… OneWeb was scheduled to launch in Baikonur, Kazakhstan in March this year Field launch of 36 satellites into orbit. But after the Russian-Ukrainian conflict broke out, Russia issued an ultimatum to OneWeb, refusing to launch satellites until OneWeb assured that its satellites would not be used for military purposes, and asked the British government to sell its stake in the company.
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