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Written question asked by Lord Mendelsohn (Labour) on Monday, 30 November 2020, in the House of Lords. It was due for an answer on Monday, 14 December 2020. It was answered by Lord Callanan (Conservative) on Monday, 14 December 2020 on behalf of the Department for Business, Energy and Industrial Strategy.


OneWeb

Question

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.

Answer

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.


Secondary information

Type
Written question
Reference
HL10887
Session
2019-21
Subjects
Finance OneWeb
Link
View this Written question on www.parliament.uk