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OneWeb: Finance

Question for Department for Business, Energy and Industrial Strategy

UIN 184413, tabled on 20 April 2021

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.

Answered on

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.

Answered by

Department for Business, Energy and Industrial Strategy
Named day
Named day questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.