Chinese bidders, including the state-owned China Aerospace Science and Technology Corporation, were considering investment in the British satellite company before Boris Johnson’s government rescued OneWeb, media reported on Sunday.
The security report cited by the newspaper says there was an "investigation of the implications of a Chinese aerospace company’s [redacted] move to purchase a UK Low Earth Orbit satellite company, OneWeb."
The investigation was conducted by MI5 before the UK government made an investment of around $500 million in taxpayer money to rescue the satellite company.
In July of last year, French satellite operator Eutelsat announced the company's merger with the UK's OneWeb.