OneWeb

Not sure if others have already come across these guys? I know they arent nano-satelites, but still...

https://thehustle.co/oneweb-space-satellites-funding/

https://spacenews.com/how-oneweb-plans-to-make-sure-its-first-satellites-arent-its-last/

"But the satellite industry has seen other technological marvels reach orbit while the business plans behind them fall back to the ground.The most notorious failure was Teledesic. The Bill Gates-backed venture raised $1 billion in the 1990s to build an 840-satellite “internet in the sky” but flamed out a few years after launching a single demo satellite.While Iridium and Globalstar had succeeded by 2000 in deploying relatively modest constellations that enabled the advent of handheld satellite phones, both ventures went bankrupt in the process. However, Iridium and Globalstar ultimately emerged from bankruptcy and went on to launch second-generation constellations.Each OneWeb spacecraft weighs about 150 kilograms — much more than cubesats but considerably less than the average communications satellite, which often weighs several tons. OneWebs current risks are seen as primarily financial, not technical, according to Eric Anderson, a former Moog chief technologist and CSA Engineering executive involved in Teledesic and Iridium. He’s now a space consultant and investor."

Given the sheer size of the dollars they have had to raise versus where SAS is at the moment, I think thats enough for me to stop proceeding further on this one. What are others thoughts?