Galileo is right on track Published on: 01/03/2012, Last update: 19/05/2014
- Enterprise & Industry magazine.
The launch of the first two Galileo IOV (In-Orbit Validation) satellites on 21 October 2011 was a red-letter day for the European Union's global navigation satellite system (GNSS) and the project continues to advance through important milestones. While the European GNSS Agency (GSA) is going to set up its headquarters in Prague, new contracts for satellites and launchers signed in the presence of Vice President Tajani ensure that Galileo will deliver its first services in 2014 as planned. The potential benefits for the European industry and the economy at large are significant.