UK government
British government and Bharti Global buy OneWeb, plan $1 billion investment to revive company
The British government and Indian mobile network operator Bharti Global placed a winning bid to acquire OneWeb, a broadband megaconstellation startup that filed for Chapter 11 bankruptcy protection in March after running out of funding, OneWeb said July 3.
Britain endorses ESA, promises increased export-credit support for industry
The British government has emphatically endorsed its investment in the 22-nation European Space Agency and rejected a parliamentary proposal that its space budget be more evenly divided between ESA and a national program.
