UK government takes $500 million stake in space exploration firm OneWeb

The Verge
By Kim LyonsJul 3, 2020, 10:17 am117 pts
Image: OneWeb As part of a consortium that includes Indian telecom Bharti Global, the UK government will invest $500 million and take a “significant equity share” in space exploration firm OneWeb, it announced Friday. OneWeb, which has its headquarters in the UK, filed for Chapter 11 bankruptcy protection…

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