Department for Business, Energy and Industrial Strategy written question – answered on 22nd February 2021.

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Photo of Nick Smith Nick Smith Labour, Blaenau Gwent

To ask the Secretary of State for Business, Energy and Industrial Strategy, how much his Department has allocated for (a) further investment in OneWeb and (b) any other activity relating to OneWeb in the next (i) 12 months and (ii) three years.

Photo of Amanda Solloway Amanda Solloway Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

The UK Government is working closely with the company and partners to maximise the value of our investment, including discussing with a range of potential partners about future funding and bringing in additional shareholders.

OneWeb plans to complete UK coverage and commence commercial services by the end of 2021, with global coverage planned for 2022.

It remains the Government’s ambition to supporting OneWeb in providing competitive global broadband and identifying opportunities to protect and promote UK jobs and supply chains.

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