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China joins Galileo space-based application projects

A Chinese general contractor for the European Galileo Project in Beijing recently obtained three space-based application projects. The Galileo Joint Undertaking (GJU) endorsed the China Galileo Industries (CGI) to develop search and rescue radar transponders (SART), laser retro-reflectors and up-link stations (ULS). Meanwhile, the Early Galileo Services in China (EGSIC) and the Galileo Olympic Games Demonstration (GOGD) are also open for public bidding. The European Union (EU) and the European Space Agency kicked off the 3.5 billion-euro Galileo Project in March 2002 to develop a satellite-navigation system. China was the first country outside Europe to join the Galileo Project, agreeing to invest a total of 200 million euros into the global consortium. About 70 million euros of the Chinese investment have been put into technologies development and the remaining 130 million euros into deployment of space and ground infrastructure.
The EU estimated that by 2020, the Galileo Project will bring Europe tens of billions of euros in revenues and tens of thousands of job opportunities. Chinese experts expected revenues worth 260 billion yuan (23.6 billion euros) in Galileo systems applications by 2020.