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EU: Funding cleared for Galileo

01 May 2002

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The European Transport Council (ETC) approved 350 million euros in EU funding on 26 March to proceed with the Galileo navigation satellite project - Europe's version of the US global positioning system (GPS). The EU, in conjunction with private partners and the European Space Agency (ESA) hopes to deploy 30 satellites in orbit in 2006-07 and begin operating Galileo in 2008.

Jane's Defence Weekly 10.4.02 (Darren Lake, Michael Sirak)

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