Danish Galileo research project gains DKK 25 m in funding  

2007.09.28
A Danish state foundation has put DKK 25 m into a research project which aims to develop a platform that will enable companies to develop products and services for the European satellite system Galileo
The Danish National Advanced Technology Foundation has put DKK 25 m (USD 4.7 m) into a Danish research project which aims to develop a platform that will enable companies to develop products and services for the European satellite system Galileo, which is under development. The Galileo system, the European alternative to USA's GPS technology, is scheduled to be fully developed by 2012.
 
Parties in the Danish research project comprises Terma, Systematic Software Engineering, the Danish Agricultural Consultancy, Aalborg University, the University of Aarhus, Aarhus School of Business and the Alexandra Institute. In addition to the DKK 25 m (USD 4.7 m) in public funding, companies and universities will jointly invest DKK 23 m (USD 4.4 m) in the project.
 
The Danish National Advanced Technology Foundation writes in a press release: "Galileo will be the future GPS in Europe. Galileo provides increased indoor coverage and greater precision. Danish companies see great business opportunities in the new technology and with an early and clear strategy, Denmark has unique opportunities to develop new products, services and jobs."
 
The news was reported by professional journal Ingeniøren (The Engineer).

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