OneWeb

(asked on 20th July 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what his plans are for the (a) governance arrangements and (b) board representation for the Government's equity share in OneWeb.


Answered by
Amanda Solloway Portrait
Amanda Solloway
Government Whip, Lord Commissioner of HM Treasury
This question was answered on 1st September 2020

As a shareholder in OneWeb, we will have strong representation on the Board and be fully involved in setting the strategic direction of the business. We will also have a special share that will allow the UK government to have a final say over any future sale of the company, and over future access to OneWeb technology by other countries on national security grounds.

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