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News > China Designates Galileo Project Firm

China Designates Galileo Project Firm

  21/03/2005

China Galileo Industries Ltd. has been officially appointed to handle China's participation in the European-based Galileo Project, according to an agreement signed 9 March in Beijing by China Galileo and the National Remote Sensing Center of China.
Four other companies jointly form China Galileo: China Aerospace Science and Industry Corporation (CASIC), China Electronics Technology Group Corporation, China Satcom and the Chinese Academy of Space Technology.
The four companies will help promote cooperation with the European Union in commercialising the civilian use of the Galileo satellite navigation system in China. They will also build an intelligent transport system based on information provided by Galileo, according to Yin Xingliang, general manager of CASIC.
China Galileo will mobilise domestic companies specialising in space, electronics and satellite technology to develop the civilian use of the Galileo system, said the company's chairman, Meng Bo. It will also work closely with European Galileo Industries on future programs, according to Meng.
China officially joined the Galileo Project last October when it signed a technological agreement with the EU. The country will build components both for the satellites and for ground support.
Firms in some participating EU countries have already set up joint ventures with CASIC and other Chinese corporations to manufacture navigation equipment in China.





Source: China Internet Information Center



     


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