OneWeb: Minister overrode warning about £400m investment

OneWeb: Minister overrode warning about £400m investment

Image copyright Arianespace Image caption OneWeb has a factory in Florida with the capacity produce two satellites a day

MPs have launched an inquiry into the government’s $500m (£400m) investment in bankrupt satellite firm OneWeb, amid disclosure that a top civil servant warned that taxpayers could lose out.

The government took a stake in the satellite broadband company as part of a…

View On WordPress

Sponsored


Discover more from USNewsRank

Subscribe to get the latest posts sent to your email.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

0
Would love your thoughts, please comment.x
()
x