Thursday, May 17. 2007

EU to Fund Galileo Solo

EU Transport Commissioner Jacques Barrot offered up three alternatives the muddled partnership that has put the project far behind schedule: "a complete EU takeover, partial public financing, or total elimination." The choice: full EU funding.

Of interest to me are some comments made by an industry spokesperson to GPSWorld.

"The market is just not there. We were too optimistic. GPS is fine for most purposes. Besides, who gets the money from satellite navigation services? Usually the maker of the device, not the satellite operator."

Posted by Adena Schutzberg in GPS, GNSS at 07:23 | Comments (0) | Trackbacks (0) |

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