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

  • Debating a cost-effective means of road user charging
    July 20, 2012
    Does GPS/GNSS-based technology provide a cost-effective means of charging or tolling on a national or international level, or are the issues pertaining to effective enforcement an obstacle. Here, leading equipment manufacturers debate the issue.
    Read More
  • Roads revolution adds 900 miles of extra capacity
    August 27, 2014
    Road users in the UK will see around 900 extra lane miles of road capacity added to England’s strategic highway network by 2021, a third more than was provided in the previous decade. The boost is thanks to a huge US£39.7 billion investment, the biggest since the 1970s, which will see annual funding for enhancements to motorways and major A roads triple over the next six years. Investment includes more than US$15 billion on maintenance, US$10 billion of which will be spent on resurfacing 3,000 miles of t
    Read More
  • Public Private Partnerships to gather pace in the US
    April 29, 2015
    Public Private Partnerships are set to play a big role in transportation funding as Andrew Bardin Williams discovers. The old joke goes that the road from New York to Chicago is paved with potholes. For decades, drivers from New York and New Jersey traveling across Pennsylvania to visit the Midwest have lambasted the Commonwealth’s roadways for their lack of smooth pavement.
    Read More
  • Advanced telematics and integration to revolutionise global connected car market
    May 22, 2015
    Advanced infotainment systems, over-the-air (OTA) updates, big data analytics, mobility services and in-car security are key technologies that will shape the global connected car market in 2015. Human machine interface (HMI) input and output solutions, as well as, heads up display (HUD) are set to take centre stage. However, car makers must create consumer-centric HMI solutions that will strike a balance between reducing driver distraction and meeting consumer need for connected services. New analysis f
    Read More

Highlighted Content