European Commission awards launch contracts for next generation of Galileo satellites
This week the European Commission has awarded two contracts for 12 Satellites (6 satellites each) for a total of EUR euro 1.47 billion, to ThalesAleniaSpace (Italy) and Airbus Defence and Space (Germany) following an open competition.
With this, the Commission is initiating the launch of the 2nd Generation of Galileo, the European satellite positioning system. The aim is to keep Galileo a