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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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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Scotland’s First Minister urged to review government’s support for space sector after Orbex decision to shelve Sutherland Spaceport

The proposed Sutherland Spaceport design on the A’ Mhoine peninsula. By Caroline McMorran, Published by The Northern Times, 11 December 2024 Scotland’s First Minister John Swinney is being urged to undertake a fundamental review of the Scottish Government support for the space sector following the announcement that work on Sutherland

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Rocket firm shelves plan for Highland spaceport

Orbex has been planning a spaceport facility in Sutherland, image: Orbex Published by BBC News, 4 December 2024 A rocket manufacturer is to "pause" construction of a spaceport in Sutherland to instead focus its launch efforts in Shetland. Orbex announced it would now aim to launch its first rockets from

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Spaceport moves to mountain summit despite objections from Scotland’s richest man

The proposed Sutherland Spaceport design on the A’ Mhoine peninsula. By Alison Campsie, Published by The Scotsman, 10 November 2024 The Sutherland Spaceport gets ready for liftoff. Amountain summit will become a rocket surveillance site for the country’s latest spaceport after objections from Scotland’s richest man were sidelined. An ‘antenna park’ will

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