Secretary of State for Trade and Industry Alistair Darling said: ‘This investment is good news for British jobs, British technology and science.
‘The Galileo project has real potential to develop groundbreaking technology leading to more accurate in-car navigation and new systems for the emergency services to locate missing or injured people.
‘British expertise is helping to build it, we want British companies and jobs to benefit from it. That is why we are backing it.’
A Public Private Partnership (PPP), currently under negotiation, will take over responsibility for building and operating the Galileo system.
Surrey Satellites Technology has already led a consortium that built and launched GIOVE-A, a demonstrator satellite to test the robustness of the technology being used under this programme. Other companies who will benefit from the development of Galileo include BT, Thales ATM, COMDEV
The government is supporting a bid backed by the Welsh Assembly Government for