next capital raise, page-9

I just remember something interesting. So, from my understanding, SAS claims that the whole constellation is going to be up by 2020, all 200 of them. The question is how is that date going to be possible considering that only the first 20 pearls (depends on whether or not they really do have the funds) are going to be launched in 2019? So is SAS going to launch 180 pearls in 2020? Now that would be a marvel to behold...I certainly doubt they can manage that considering that they have just started building the first 20 pearls. There is also uncertainty about launch partners, ground networks, etc. Where are they going to base the ground networks and who will build them? More capital costs to consider obviously.