Europe launches two Galileo satellites to cut reliance on GPS

Europe launches two Galileo satellites to cut reliance on GPS

Press quote (Bloomberg)
Tomas Valasek
20 October 2011

Governments will probably scrutinise the proposed budget more carefully than when Galileo was first conceived over a decade ago because of concern over the economy, said Tomas Valasek, director of foreign policy and defence at the CER in London. Still, the project probably won’t be shut down, and enough funding will be approved to keep staff employed and provide a minimal return for the manufacturers, he said. “They’ve already poured so much money into it ... Galileo has already benefited from previously unplanned allocations from the European Commission budget.”