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EU unveils first Galileo satellite to go into space next month 2 BRUSSELS


EU nations have already joined the program and
discussions are also underway with Argentina, Brazil,
Mexico, Norway, Chile, South Korea, Malaysia, Canada and
Australia.
The EU will soon allocate an initial ¤1 billion (US$1.2
billion) from its 2007-2013 budget to fund deployment and
commercial operations of the Galileo satellite system. The
private sector will contribute two-thirds of funds for the
project, which is expected to create more than 150,000 jobs
in Europe alone.
Galileo will more than double the coverage provided by
GPS, providing satellite navigation for everyone from
motorists to sailors to mapmakers.

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