OneWeb

(asked on 30th November 2020) - View Source

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

To ask Her Majesty's Government whether they have (1) had discussions, (2) received requests, or (3) given any undertakings, in relation to the future financing of OneWeb; and if so, out of which budget will such funds be allocated.


Answered by
Lord Callanan Portrait
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 14th December 2020

OneWeb presents a significant commercial opportunity and we will work closely with the company and other partners to raise additional private investment.

Further information on the future financing of OneWeb remains subject to commercial sensitivities.

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