European GPS system gets second life

BRUSSELS – Europe’s Galileo satellite navigation system, which was in jeopardy of not getting off the ground three years ago, is about to take a big step to the launch pad.

The process of picking technology companies to build the satellites and ground stations for the system will begin in the next two months, the European Commission said this week.

Politicians gave their final assent to Galileo on Monday after years of setbacks and delays threatened to derail the ambitious project, which is Europe’s answer to U.S.-run GPS (Global Positioning System).

Billions of euros of contracts are to be awarded to Europe’s aerospace and computer industries in time to allow them to complete construction of the 30-strong constellation of satellites and their network of installations on the ground by the 2013 deadline.

Front runners include the companies that abandoned the Galileo project in 2005. They include the European Aeronautic Defence and Space Company (EADS), France’s Thales and Alcatel-Lucent , Britain’s Inmarsat, Italy’s Finmeccanica, Spain’s AENA and Hispasat and Deutsche Telekom of Germany.

The companies pulled out because they feared losing money. The Commission stepped in and proposed allocating unused European Union funds, mostly budgeted for farm subsidies, to plug the shortfall in Galileo’s estimated

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

Featured Articles

Cybersecurity in 2024: Priorities and challenges for Canadian organizations 

By Derek Manky As predictions for 2024 point to the continued expansion...

Survey shows generative AI is a top priority for Canadian corporate leaders.

Leaders are devoting significant budget to generative AI for 2024 Canadian corporate...

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now