European Commission Awards €1.47 Billion in Contracts for 2nd Generation of Galileo Satellites

BRUSSELS (European Commission PR) — Today the Commission awarded two contracts for 12 Satellites (6 satellites each) for a total of €1.47 billion, to Thales Alenia Space (Italy) and Airbus Defence & Space (Germany) following an open competition.

With this, the Commission is initiating the launch of the 2nd Generation of Galileo, the European satellite positioning system. The aim is to keep Galileo ahead of the technological curve compared to global competition and maintaining it as one of the best performing satellite positioning infrastructures in the world while strengthening it as a key asset for Europe’s strategic autonomy.

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