Israel to join Galileo project
Posted: Thu, Mar 18, 2004, 10:57 AM ET (1557 GMT)
Israel has signed an agreement with the European Union to join the Galileo project, the latest country to participate in the satellite navigation venture. The agreement, signed by the European Commission's Director-General of Energy and Transport and Israel's Director-General of Industry, Trade, and Labor, will permit Israel to participate in the development of Galileo in exchange for taking a financial stake in the venture. Israel's contribution was not specified in the press release announcing the agreement, but news reports indicated that it would be in the range of €20-50 million (US$25-62 million). The agreement must still be ratified by the EU member states during a meeting in June. Galileo, initially developed as a European project to develop a satellite navigation system to rival America's GPS system, is becoming more international. In addition to Israel the EU has signed agreements with China and India and has reportedly been negotiating with several other countries.
Israel has signed an agreement with the European Union to join the Galileo project, the latest country to participate in the satellite navigation venture. The agreement, signed by the European Commission's Director-General of Energy and Transport and Israel's Director-General of Industry, Trade, and Labor, will permit Israel to participate in the development of Galileo in exchange for taking a financial stake in the venture. Israel's contribution was not specified in the press release announcing the agreement, but news reports indicated that it would be in the range of €20-50 million (US$25-62 million). The agreement must still be ratified by the EU member states during a meeting in June. Galileo, initially developed as a European project to develop a satellite navigation system to rival America's GPS system, is becoming more international. In addition to Israel the EU has signed agreements with China and India and has reportedly been negotiating with several other countries.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
Space Force adds Rocket Lab and Stoke Space to NSSL contract
Posted: Sun, Mar 30 9:19 AM ET (1319 GMT) |
|
news links
|
|
Wednesday, April 2
Europe’s Launcher Revival Faces Challenging Start
Aviation Week — 5:18 am ET (0918 GMT) Space Force picks Northrop for ‘Elixir’ satellite refueling demo
Defense News — 5:17 am ET (0917 GMT) Gwynne Shotwell Rides SpaceX To Billion-Dollar Fortune
Forbes.com — 5:15 am ET (0915 GMT) SpaceX Puts Humans in Orbit Over Earth’s Poles for the First Time
New York Times — 5:13 am ET (0913 GMT) FAA closes investigation of January SpaceX Starship explosion
KTBC-TV Austin, TX — 5:11 am ET (0911 GMT) |
