UK taxpayer faces £200m loss from bailout of OnewebSatellite bailout leaves Britain nursing losses as shares plunge to record low

A CGI image of a OneWeb satellite. (Credit: OneWeb) By Guy Taylor, Published by City AM, 27 December 2024 The UK taxpayer faces a £200m paper loss from the government’s decision to bailout satellite-internet company Oneweb. Imperilled Oneweb was saved by the government in 2020 after filing for bankruptcy. In

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(Image credit: U.S. Space Force)

US Space Force 5 years later: What has it accomplished so far, and where does it go from here?

(Image credit: U.S. Space Force) By Brtt Tingley, Published by Space.com, 20 December 2024 The U.S. Space Force celebrates its fifth anniversary today. The service was formally established on Dec. 20, 2019, when President Donald Trump signed it into law with the National Defense Authorization Act, the bill that allocates

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The Scottish spaceport stuck in limbo

Orbex said Nov. 1 that construction of Spaceport Sutherland, which will host launches of its Prime rocket, will begin "imminently" and be completed some time in 2023. Credit: Orbex By Steven McKenzie, Published by BBC News, 16 December 2024 A Highland peatbog was to be home to the UK's first

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