2010-10-27
BRUSSELS, Oct. 26 (Xinhua) -- The European Space Agency has signed a fourth contract, out of a total of six, for the setting up of Galileo, Europe's global navigation satellite program, the European Commission announced on Tuesday.
The new contract is for the procurement of full operations capability for Galileo.
The contract, valued at some 194 million euros (about 267 million U.S. dollars), was signed by the European Space Agency on behalf of the European Commission and awarded to a German and Italian joint venture, SpaceOpal GmbH. The company will be in charge of operations of the space and ground infrastructure.
"Galileo is becoming a reality. Europe will have its own independent satellite navigation system capable of high precision and reliability," said Antonio Tajani, Commissioner for Industry and Entrepreneurship.
The two remaining procurement contracts will be awarded in early 2011, while Galileo is expected to become operational in 2014.
Europe will then become independent in satellite navigation, like the United States. Russia, Japan, India and China are also developing their global and regional satellite navigation systems.
Source: Xinhua.
Link: http://news.xinhuanet.com/english2010/sci/2010-10/27/c_13576862.htm.
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