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Prague to host headquarters of EU’s GNSS system

Prague, Czech Republic: The Czech government signed a deal for Prague to host the headquarters of European Union’s (EU) global navigation satellite system (GNSS), Galileo. The deal was signed in Prague by Czech Transport Minister Pavel Dobes and Carlo des Dorides, Executive Director of the European GNSS Agency.
With Galileo, the EU wants to achieve independence in satellite navigation from the US-based GPS. They claimed that Galileo is more precise and more reliable than the GPS, while fully controlled by civil authorities. They foresee applications ranging from precision seeding on farmland to pinpoint positioning for search-and-rescue missions. On top of that, the EU hopes the system will reap a financial windfall.
The system, which will eventually have a network of 30 satellites, is expected to become operational in 2014.
Source: www.washingtonpost.com