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2007-11-24 Europe
EU agrees funding for Galileo system
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Posted by lotp 2007-11-24 00:00|| || Front Page|| [3 views ]  Top

#1 They'll take it out of the Airbus profits.
Posted by Seafarious 2007-11-24 00:32||   2007-11-24 00:32|| Front Page Top

#2 An EU diplomat said Germany, the biggest net contributor to the 27-nation bloc's coffers, voted against the agreement but was outvoted.

this is gonna be fun... 27 nations [shakes head]

The presidency spokesman confirmed the decision was not unanimous but declined to comment on who had voted against it.

The deal came after the European Commission proposed redividing the tenders for Galileo in a bid to meet German demands that no one aerospace firm should dominate the project.

The EU executive warned it would have to drop the prestige industrial project if there was no agreement among member states on public funding by the end of this year.

Supporters say it is a vital technological platform for Europe, but critics say it could be a costly white elephant because the U.S. system already has a dominant market position and Russia and China are working on their own systems.

i hope they go thru with it and fight like hell!
[:) ima bad boy]
Posted by Red Dawg">Red Dawg  2007-11-24 04:17||   2007-11-24 04:17|| Front Page Top

#3 Seafarious----LOL!

EU Executive = Triumvirate^3. Good luck at getting anything done. Charging fees for global positioning services that everyone gets for free from the US constellation and the Russian GLONASS. Now that is a real business plan!
Posted by Alaska Paul">Alaska Paul  2007-11-24 12:17||   2007-11-24 12:17|| Front Page Top

#4 In December 2004, India reached an agreement with Russia to jointly develop the Russian Glonass global navigation satellite system. Under the agreement, India will become the sole partner of Russia on Glonass development, replenishment, and future use, and the Glonass satellites can be launched from India or Russia using either Indian or Russian launch vehicles and can be available for use by civilian and military users in both India and Russia
Posted by john frum 2007-11-24 14:42||   2007-11-24 14:42|| Front Page Top

#5 It's really simple, AP. They will require everyone to use devices that will only work with the Galileo System.
Posted by Deacon Blues">Deacon Blues  2007-11-24 16:19||   2007-11-24 16:19|| Front Page Top

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