Israel: The Israel Space Agency has signed its first agreement with the European Union to cooperate on navigation satellites. The GNSS accord will enable Israeli academics and industries to participate in projects of satellite navigation with their counterparts in Europe.
Israel will now have the opportunity to supply services and parts for navigation satellites from the Galileo series, develop navigation applications and integrate itself in research in the field of navigation applications, as well as to exchange know-how.
“This accord is an important landmark in EU-Israeli relations and stresses the mutual respect on both sides in the field of R&D. Navigation systems such as these can be used for security purposes and for evacuating victims from places of catastrophes”, Science, Technology and Space Minister Yaakov Peri said.
Space Agency director Menahem Kidron added that the field of navigation satellites is becoming very popular and in demand and that it affects “the quality of life of us all. The agreement will enable Israeli industries to take part in a market of tens of millions of dollars and for scientists to expand their knowledge by participating in large European projects.”