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February 3rd, 2012
New Satellites and Launchers Ensure Galileo Start in 2014

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In total, 3 contracts were signed: the contract signed with OHB System AG (DE) comprising 8 satellites for an amount in the order of €250 million. A second contract was signed with Arianespace (FR) for a booking option of up to 3 launches using Ariane 5 (booking fee of €30 million). A third contract was signed with Astrium SAS (FR) to enable the current Ariane 5 launcher to carry 4 Galileo programme satellites per launch into orbit, for an amount in the order of €30 million. Galileo satellites are currently launched in pairs aboard the Russian Soyuz rocket. Thanks to the highly competitive proposal of the contractor and increasing the number of satellites which will be launched in orbit by 2014, the Commission has been able to accelerate the process. Read More