EU Galileo satellite project on track
The European Union's 3.6 billion euro ($A5.97 billion) Galileo satellite navigation project is fully on track, the vice chancellor of Austria, which holds the EU Presidency, said on Friday. Galileo, a 30-satellite system meant to rival the US Global Positioning System (GPS), is scheduled to go into service in 2008. "This very important satellite programme ... is fully on course," Vice Chancellor Hubert Gorbach told a news conference during a meeting of EU ministers on competitiveness.
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