To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 22 February 2021 to Question 152466 on OneWeb, how much the Government has allocated for future funding to OneWeb in the next (a) 12 and (b) 36 months; and which additional shareholders are being considered.
26 April 2021
The Government do not propose to invest further in OneWeb. The Government, together with other OneWeb shareholders, is engaged in discussions with a range of potential partners about future funding and bringing in additional shareholders. For reasons of commercial sensitivity, the Government cannot provide details of potential investors before they are formally announced.