The Satellite Company That Helps Transmit Everything To Everyone Has Just Gone Bankrupt

“Set up in the 1960s via international treaty, Intelsat SA has played a critical and often-overlooked role providing connectivity infrastructure for more than a half century so that humanity could witness everything from Neil Armstrong’s walk on the moon in 1969 to Kansas City Chiefs QB Patrick Mahomes’ recent victory in [this year’s] Super Bowl. But thanks to technological evolution, shifting FCC priorities and the latest COVID-19 pandemic, the company declared Chapter 11 bankruptcy Thursday.” – The Hollywood Reporter