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2026-06-11 21:03:50 UTC

WakWak on Nostr: “Spacesail launched three batches of satellites in five days, reaching 200 in ...

“Spacesail launched three batches of satellites in five days, reaching 200 in orbit.....For governments that previously had no alternative to Starlink, Spacesail’s arrival changed the negotiating dynamic. A second provider, backed by Chinese state financing and willing to work on their terms, gave them the leverage they did not have before.

Spacesail raised over $1 billion in 2024, and is seeking fresh capital to expand its constellation to 15,000 satellites by 2030.”

https://restofworld.org/2026/spacesail-spacex-starlink-competition-ipo/