UK government to acquire OneWeb global satellite system

According to the Department of Business, Energy and Industrial Strategy (BEIS), the move signals the government’s ambition for the UK to be a pioneer in the research, development, manufacturing, and exploitation of novel satellite technologies through the ownership of a fleet of Low Earth orbit satellites.

UK takes delivery of giant satellite test chamber

£18m funding for OneWeb global broadband satellite constellation

Business Secretary Alok Sharma said the government will invest $500m and take a significant equity share in OneWeb. This is alongside Bharti Global, which will provide the company with commercial and operational leadership.

The deal will enable the company to complete construction of a global satellite constellation that will provide enhanced broadband and other services to countries around the world. It follows the formation of the UK’s National Space Council, which is addressing how space policy can enhance the UK’s national prosperity and place in the world, as well as Britain’s wider national security interests.