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June 1st, 2010
Russia, U.S. to Create First Joint Satellite Navigation Venture

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RIA NOVOSTI –  The Russian Space Systems corporation and the U.S. Trimble Navigation Group have signed an agreement to create a joint satellite navigation venture in Russia, the Russian company has said. Each of the companies will hold a 50% stake in the Rusnavgeoset company, which will produce Global Navigation Satellite System (GNSS) geodetic network infrastructure systems, a statement posted on Russian Space Systems’ website said. Read More

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