The European Commission’s Global Navigation Satellite Systems (GNSS) Applications Action Plan adopted today aims to place European industry in pole position to take full advantage of the global downstream market worth about €100 billion in particular by using its own satellite navigation programmes, Galileo and EGNOS (European Geostationary Navigation Overlay System). EGNOS, the European satellite-based augmentation system that paves the way for GALILEO, has been in service since 1 October 2009. It can offer enhanced satellite navigation signals which are up to ten times more precise than GPS. Significant commercial and research opportunities are available to universities, developers and manufacturers in Europe to research, innovate, develop or sell applications based on this sophisticated technology. Read More
