Prague chosen for Galileo HQ

The Czech capital Prague has been chosen to host the headquarters of Europe’s Galileo satellite navigation programme which is expected to begin initial services in 2014 with a limited number of satellites.
March 15, 2012 Read time: 1 min
The Czech capital Prague has been chosen to host the headquarters of Europe’s Galileo satellite navigation programme which is expected to begin initial services in 2014 with a limited number of satellites. Full services are scheduled for 2019 when the full constellation of satellites is planned for completion.

Just two months ago, the 2465 European Commission outlined a new framework for financing and governance of the Galileo and EGNOS (GPS signal augmentation) programmes for the period 2014-2020. €7.0 billion (US$9.25 billion) has been earmarked to guarantee the completion of the EU satellite navigation infrastructure and to ensure the exploitation of the systems until 2020, such as the operations of the space and terrestrial infrastructures, the necessary replenishment/replacement activities, certification procedures, and notably the provision of services.

For more information on companies in this article

Related Content

  • CECE conference planned for Prague
    May 23, 2016
    Europe’s construction equipment manufacturing association, CECE, plans to hold its annual congress in Czech capital Prague. CECE is working jointly with SVSS, the Czech construction equipment industry association, to organise the 2016 edition of the CECE Congress. Called, An Industry in Transformation; Drivers of Success, the congress will be held in Prague from the 5th to 7th October 2016. Key benefits for attendees will be understanding how colliding trends could affect business, preparing for times of
    Read More
  • S&P Global Rating: credit stability for toll road operators
    August 14, 2017
    The outlook is generally stable for business conditions and credit quality for toll roads worldwide, according to the latest survey from ratings agency S&P Global.The exception is the US where the overall outlook is “positive”, noted the report S&P Global Ratings' 2017. The 21-page report considers broad economic and industry-specific trends. It looks at economic conditions, demographic trends and geopolitical risks that affect the movement of people and goods. “We expect stable or improving, but still frag
    Read More
  • Fehmarn Fixed Link project finally gets European Commission approval
    March 31, 2020
    EC settles the public financing issue for the Fehmarn project that includes an immersed tunnel.
    Read More
  • Global growth in machine rental
    May 20, 2015
    The machine rental sector is undergoing significant expansion worldwide – Dan Gilkes reports. Plant hire, equipment rental, leasing, call it what you will, being able to use a machine when and where you need it, with no further concerns relating to ownership costs, depreciation or sudden repair bills, remains a compelling argument for many contractors. Which is one of the main reasons for the continued growth in popularity of equipment rental across the world. Rental has been big business in the UK, the US
    Read More

Highlighted Content