Space: April 12, 2002


The European Union and European Space Agency have agreed to launch the Galileo satellite navigation system, their version of the American GPS system, with a $1 billion development program. They want to be interoperable with GPS. The primary European concern is that the US (which owns GPS) could suddenly decide to change or downgrade the GPS signals, leaving Europe without its benefits. The EU and ESA plan to seek investors to fund the $2.5 billion it will take to launch their network of satellites, to be ready by 2008. The Europeans want to get their system operational before the US GPS3 system in 2009-2011 so they can sell special receivers for their signals. --Stephen V Cole




Help Keep Us From Drying Up

We need your help! Our subscription base has slowly been dwindling.

Each month we count on your contributions. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage.
Subscribe   Contribute   Close