As Tim Worstall points out, the British government’s decision to buy 20% of the satellite company OneWeb doesn’t actually make any economic sense:
… OneWeb – in which the UK will own a 20% stake following the investment – currently operates a completely different type of satellite network from that typically used to run such navigation systems.
“The fundamental starting point is, yes, we’ve bought the wrong satellites,” said Dr Bleddyn Bowen, a space policy expert at the University of Leicester. “OneWeb is working on basically the same idea as Elon Musk’s Starlink: a mega-constellation of satellites in low Earth orbit, which are used to connect people on the ground to the internet.
The actual answer is that we don’t need to buy into anyone’s system at all. Just as we shouldn’t have into [EU satellite system] Galileo in the first place.
For, d’ye see, GPS is a public good. The US allows anyone to use the signals. Not that they can really stop people doing so either. Not unless they take the whole system down.
So, there’s the US system, free for all to use. A global public good – this means it doesn’t matter who provides it, it is there. It also means we don’t need our own. Which, in turn, means we don’t and didn’t need the Galileo system, let alone another one after we’ve left that.
As I said, politics not even asking the right question. They’re asking “which new system should we have?” when the correct questions is “why do we need a new system?” and given that the answer to the second is we don’t therefore the first is entirely moot.
Even setting aside the question of what the satellite system will be capable of, as the market is already in the process of developing and deploying the equipment, why does the British government think its investment is necessary?