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Galileo Development Stalled Over Profitability Questions
London (AFP) March 15, 2007 Development of the Galileo satellite navigation system has stalled because of questions among private contractors over the project's profitability, the Financial Times reported on Thursday. The European Union Transport Commissioner Jacques Barrot said on Wednesday that he had written to the companies building the system asking for the reasons for the year-long delay in the project. The companies "are just not working," his spokesman was quoted as saying by the business daily, while an unidentified French diplomat told the FT that "We will give the companies an ultimatum," at a European space industry summit next week. The original timetable projected the system to be fully in place by 2010, but Barrot's spokesman said it would not be ready until 2011, adding that the timetable was constantly being pushed back. Citing an unnamed executive, the FT reported that there were doubts whether Galileo could attract enough revenues, saying that people within the project doubted whether it would restart unless there were guarantees it could win business from its main competitor, the free US Global Positioning System (GPS). "There is a doubt over the revenues," the executive told the paper. "Why sell Pepsi-Cola when you can get Coca-Cola free?" Galileo is being promoted as being more accurate than GPS, giving mariners, pilots, drivers and others an almost pinpoint-accurate navigational tool. Unlike GPS, Galileo will stay under civilian control, increasing the European Union's strategic independence.
Source: Agence France-Presse Related Links GPS Applications, Technology and Suppliers GPS Applications, Technology and Suppliers
ESA Award SSTL Contract To Build A Second GIOVE-A
Paris, France (ESA) Mar 07, 2007The European Space Agency (ESA) awarded a contract to Surrey Satellite Technology (SSTL) to build a second satellite for the Galileo satellite navigation system. Named GIOVE-A2, the new satellite will be based on the company's proven GIOVE-A medium Earth orbit satellite technology. |
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