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1712639
registered interest false more like this
date less than 2024-04-22more like thismore than 2024-04-22
answering body
Department for Science, Innovation and Technology more like this
answering dept id 216 more like this
answering dept short name Science, Innovation and Technology more like this
answering dept sort name Science, Innovation and Technology more like this
hansard heading Eutelsat OneWeb: Finance more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government what is the current value of the Government's stake in Eutelsat OneWeb. more like this
tabling member printed
Lord Mendelsohn remove filter
uin HL4000 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-05-07more like thismore than 2024-05-07
answer text <p>Eutelsat OneWeb is a UK-based subsidiary of Eutelsat Group. At close of trading on 26 April 2024, the market value of the UK Government’s shareholding in Eutelsat Group was approximately €201 million or £171 million.</p><p>The Government’s investment into OneWeb has already created or protected around 400 UK jobs and Eutelsat OneWeb continues to ramp up commercial operations, with an order book of approximately €700m according to the company’s public filings.</p> more like this
answering member printed Viscount Camrose more like this
question first answered
less than 2024-05-07T12:30:35.863Zmore like thismore than 2024-05-07T12:30:35.863Z
answering member
4939
label Biography information for Viscount Camrose more like this
tabling member
4286
label Biography information for Lord Mendelsohn more like this