Written question asked by Damien Moore (Conservative) on Tuesday, 12 March 2024, in the House of Commons. It was due for an answer on Thursday, 14 March 2024. It was answered by Andrew Griffith (Conservative) on Wednesday, 20 March 2024 on behalf of the Department for Science, Innovation and Technology.
Eutelsat and OneWeb: Space Technology
- Question
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To ask the Secretary of State for Science, Innovation and Technology, what recent assessment her Department has made of the potential impact of the OneWeb and Eutelsat merger on the UK's (a) strategic economic interests in space and satellite technology and (b) wider economy.
- Answer
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OneWeb’s merger with Eutelsat means the Government now has a significant stake in a larger and more diverse company, which will play an important role in securing UK interests in an increasingly competitive satellite communications sector.
The Government retains certain rights in OneWeb. These provide a range of national security rights and ensure that the UK remains a preferred location for activity on a commercially competitive basis. The merger was approved by all relevant regulatory bodies in 2023.
OneWeb continues to innovate in the UK satellite communications sector, contributing to one of Government’s five critical technologies for the future.
Secondary information
- Type
- Written question
- Reference
- 18284
- Session
- 2023-24
- Grouped for answer
- Yes
- Transferred
- Yes
- Subjects
- Mergers Eutelsat Space technology OneWeb
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2024-03-20 12:19:54 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2023-24/18284
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2023-24/18284
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2023-24/18284