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it's owned by multiple parties, with the UK Gov a minority shareholder, so i don't get what's ironic about that statement.
by kmlx 5y ago
it's owned by multiple parties, with the UK Gov a minority shareholder, so i don't get what's ironic about that statement.
- tempnow987 5y agoThe UK govt was the key investor in terms of bailing them out. https://www.nasaspaceflight.com/2020/07/uk-acquires-oneweb/ https://www.nasaspaceflight.com/2020/07/uk-acquires-oneweb/ From the UK's own website: https://www.gov.uk/government/news/uk-government-to-acquire-cutting-edge-satellite-network https://www.gov.uk/government/news/uk-government-to-acquire-... https://www.gov.uk/government/news/uk-government-secures-satellite-network-oneweb https://www.gov.uk/government/news/uk-government-secures-sat... "This deal gives us the chance to build on our strong advanced manufacturing and services base in the UK, creating jobs and technical expertise." The issue I have is they keep on describing the network as "cutting edge" without describing the breakthrough features of the project as well as a lot of talk about building up the UK sat mfg base, but of all the companies they pump half a billion pounds into, they choose one where at least SOME of the work is in the US.
- ID1452319 5y agoBecause the UK Govt and certain members of the British press talk this project up as 2) some kind of success for Brexit Britain and b) a potential replacement for Galileo, which Britain is no longer part of after leaving the EU. There is A LOT of politics around OneWeb.