E
urope’s Galileo navigation program
has come to a halt. The dream of those who saw Galileo as a private undertaking with minimum underpinning from governments has vanished. The eight partners of the consortium that was supposed to carry this project to completion have thrown in the towel.
The prospects of a commercial return are too uncertain to warrant taking the financial risks implied
by the huge capital investment required
to deploy
the 30-satellite network.
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