Since the UK’s purchase of OneWeb, the number of shareholders has continued to grow. Although the Government has provided assurances that the proposed merger with Eutelsat will not affect the UK’s shares and involvement in OneWeb, uncertainty remains over how the continued changing ownership will affect its management. The proposed merger with Eutelsat must be subject to proper scrutiny under the National Security and Investment Act and the Government must provide assurance that OneWeb’s oper...

Since the UK’s purchase of OneWeb, the number of shareholders has continued to grow. Although the Government has provided assurances that the proposed merger with Eutelsat will not affect the UK’s shares and involvement in OneWeb, uncertainty remains over how the continued changing ownership will affect its management. The proposed merger with Eutelsat must be subject to proper scrutiny under the National Security and Investment Act and the Government must provide assurance that OneWeb’s operations in the UK will not be affected by the merger. Further, if the merger goes ahead, the National Audit Office should consider carrying out an assessm Type: recommendation | Number: 2 | Paragraph: 27 | Response status: not_accepted Government response: The Government’s investment in OneWeb is a significant strategic investment, demonstrating our commitment to the UK’s space sector and ambition to put the UK at the forefront of a new commercial space age. The Government notes the Committee’s in