Europe Proceeding With Galileo Navigation Satellite Constellation

The European Union transport ministers agreed to provide US$89.7 million (100 million euros) in the first phase of the projected Galileo satellite navigation system. Galileo will consist of a network of 30 satellites with a design life of 10 years, becoming operational by 2008 with an annual maintenance bill of some 200 millions euros. The development, expected to cost altogether 3.25 billion euros.

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