Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government whether their equity investment in OneWeb has been completed; and if not, whether there are any approvals from the government of the United States which are required before any such investment is completed.

On Friday 2 October 20, the United States Bankruptcy Court for the Southern District of New York confirmed OneWeb’s Chapter 11 plan of reorganisation, ensuring that the company remains on target to resume full business operations imminently.

This is a major step in OneWeb’s reorganisation process, and toward HM Government’s equity investment being completed.