WWSittingduck Posted September 16, 2021 Share Posted September 16, 2021 This is a tad old, but every so often I browse for a telescope that is too big for me to consider carrying. Was kinda shocked when I found this info. I know there are a handful of pilots out there that have some level of interest in astronomy, so thought they might be interested in reading this: Quote Meade Instruments, based in Irvine, California, filed for Chapter 11 bankruptcy protection on December 4, 2019, following its loss of a multi-million dollar antitrust lawsuit brought by Orion Telescopes & Binoculars. The filing claims Meade's debts range between $10 million to $50 million. Meade, along with Sunny Optical, is a subsidiary of the Chinese manufacturer Ningbo Sunny Electronic Co. Ltd having been purchased in 2013. The lawsuit found that Sunny colluded with other Chinese manufacturers in a price-fixing scheme that formed a monopoly over the domestic consumer telescope market. Meade is now owned by Orion Telescopes and Binoculars Link to comment Share on other sites More sharing options...
WWSandMan Posted September 18, 2021 Share Posted September 18, 2021 Wow... Link to comment Share on other sites More sharing options...
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