gkd_uk
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The UK company that built the test satellite for Europe's Galileo network is joining forces with a German firm to bid together to build more satellites.
SSTL believes the link-up will drive down costs and speed up production by boosting competition among suppliers.
Europe's proposed rival to the US Global Positioning System (GPS) has been delayed by rows over funding.
A compromise deal is expected to be announced at a meeting of transport ministers in Brussels on Thursday.
It follows a recent agreement by EU members to use leftover portions of the farming budget and spare science and technology funds to cover a 4bn euros (£3bn) funding gap. The shortfall was created when a private consortium asked to build and operate Galileo collapsed.
Under the new deal, the work will be split into six segments, enabling all countries to get a share of the construction work.
Read more
SSTL believes the link-up will drive down costs and speed up production by boosting competition among suppliers.
Europe's proposed rival to the US Global Positioning System (GPS) has been delayed by rows over funding.
A compromise deal is expected to be announced at a meeting of transport ministers in Brussels on Thursday.
It follows a recent agreement by EU members to use leftover portions of the farming budget and spare science and technology funds to cover a 4bn euros (£3bn) funding gap. The shortfall was created when a private consortium asked to build and operate Galileo collapsed.
Under the new deal, the work will be split into six segments, enabling all countries to get a share of the construction work.
Read more
