Eurely Takes A Further Step Toward Galileo Concession

GPS NEWS

EGNOS is an important prerequisite in building and testing value-added services already today, and therefore provides a head-start to Eurely in developing applications for Galileo.

Brussels (SPX) Jan 26, 2005
Eurely, the consortium formed by Alcatel, Finmeccanica, AENA and Hispasat, has provided its final proposal for the Galileo Concession. The offer, submitted to the European Commission by Eurely, contains further details and binding commitments to manage the services of the new satellite based European navigation system, in addition to the original proposal of September 2004.

The Eurely proposal exceeds the European Commission and ESA requirements for the systems, due to the unrivalled competence and strengths of all its international partners in satellite services. The Eurely business plan is already today fully funded, as equity and other financing, on a non recourse basis, are over-subscribed.

Eurely's unmatched industrial competence is based on the strong and diverse experience developed by the partners in all space related manufacturing, operations and services as well as applications domains.

Eurely still continues to attract major European companies eager to cooperate on an exclusive basis to develop applications in the domain of their expertise.

More than 40 companies from a wide variety of business sectors, such as telecommunications, civil works and road management, railways and defence have joined Eurely in the meantime.

Through these partnerships and the connected capabilities, Eurely is in the unique position to cover all relevant sectors of the future markets for Galileo, such as location based services which are already under development, toll systems, air navigation, emergency applications, transportation safety systems and more.

Furthermore, the Eurely consortium can build on the unique experience and expertise in high precision navigation systems acquired through its EGNOS activities under the leadership of Alcatel Space as prime contractor to ESA.

Today the EGNOS system is utilizing existing GPS signals and is built to increase the integrity and to improve continuity, accuracy as well as the reliability of those signals for transportation applications.

EGNOS is an important prerequisite in building and testing value add services already today and therefore provides a head-start to Eurely in developing applications for Galileo.

A strong endorsement of the capabilities of the members of Eurely is the most recent achievement in the history of space: the success of the Cassini-Huygens mission with the landing and the operation of the Huygens probe on TITAN which exceeded the expectations of ESA and Europe.

As Alcatel Space was the prime contractor of Huygens and Alenia Spazio has developed some of the most critical and innovative systems in the Cassini spacecraft, Eurely is especially proud to include such companies that are part of this European success.

Through its partners and expertise the Eurely Consortium is uniquely positioned and strongly committed to be "the" concessionaire to manage the construction and operations of Galileo for Europe.

GPS NEWS

In-Orbit Validation Contract: A Further Step Forward For Galileo

Paris (ESA) Dec 22, 2004
The Galileo project is now well and truly taking shape, with today's signing of a second contract concerning the In-Orbit Validation phase, following that signed in July 2003 for two test satellites.

Thanks for being here; We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor $5 Billed Once credit card or paypal		SpaceDaily Monthly Supporter $5 Billed Monthly paypal only

The content herein, unless otherwise known to be public domain, are Copyright 1995-2016 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.