EU approves funds to complete GPS projects

The European Parliament has approved US$9.5 billion in funding to further develop and complete Europe's satellite navigation programs, including the Galileo and EGNOS projects. The funding will cover the projects from 2014 to 2020 and will be spent on completion of the satellite navigation infrastructure as well as the development of fundamental components such as Galileo-enabled chipsets or receivers in smartphones.
November 21, 2013 Read time: 1 min
The European Parliament has approved US$9.5 billion in funding to further develop and complete Europe's satellite navigation programs, including the Galileo and EGNOS projects.

The funding will cover the projects from 2014 to 2020 and will be spent on completion of the satellite navigation infrastructure as well as the development of fundamental components such as Galileo-enabled chipsets or receivers in smartphones.

"The overall economic impact of Galileo and EGNOS is estimated to be around US$121 billion over the next twenty years," said Industry Commissioner Antonio Tajani. "In addition to the opening up of new business opportunities, everyday users will be able to enjoy increasingly accurate satellite navigation services with every new satellite launch."
Location Based Systems

Related Content

  • EU mobility’s Covid escape route
    July 29, 2021
    European Union roads could be more resilient after the pandemic ends, thanks to the goal of creating a more integrated mobility network, says ERF’s José Diez
    Read More
  • Galileo commercial service on track
    August 1, 2014
    The results of early proof of concept tests (EPOC) carried out by the Authentication and Accurate Location Experimentation with the Commercial Service (AALECS) show that the EPOC team has successfully tracked the encrypted Galileo E6-B and E6-C signals broadcast by Galileo satellites. As a result, the commercial service loop has been closed using both encrypted and non-encrypted signals. The tests are the result of a collective effort involving teams and projects of AALECS, supported by the European Comm
    Read More
  • Funding shortfall for US Interstate upgrades
    May 11, 2012
    Andrew Bardin Williams investigates tolling on the federal Interstate system as maintenance and upgrade requirements increasingly outpace funding The I-95 corridor through North Carolina is one of the most heavy trafficked interstates in the US, seeing upwards of 46,000 vehicles per day in some stretches-and North Carolina’s Department of Transportation (NCDOT) estimates this number will to rise to 98,000 vehicles per day by 2040. Along with the rest of the federal interstate system, the North Carolina str
    Read More
  • October take off for Galileo satellites
    May 16, 2012
    The launch of the first two operational satellites of the EU's global navigation satellite system will take place on 20 October, the European Commission has announced. This is just the first of a series of launches due to take off from Europe's Space Port in Kourou, French Guiana. The launch of the Galileo satellites at an altitude of 23,600km will lead to the provision of initial satellite navigation services in 2014. Successive launches will complete the constellation by 2019.
    Read More

Highlighted Content