It has been a long time in the making (17 years!), but Europe's Galileo satellite navigation service is set to go live this Thursday. It gives EU nations independence from the US-ran GPS and Russia-operated GLONASS and promises to be faster and more accurate than both. So far the project has cost €10 billion, but in its first 20 years of operation it is expected to bring €90 billion to the EU economy. Right now, around 10% of Europe's GDP is in some way reliant on satellite navigation, a number that will only grow in the future. Galileo has more satellites, each of which transmits more...
Source: http://www.gsmarena.com/eus_galileo_satellite_navigation_service_will_go_live_this_thursday-news-22145.php
