German Government Invests 3.5 Billion Dollars In Space Over Four Years

SPACEMART

Germany Commits Billions To Galileo Navigation Project

The bulk of the funds will go to Germany's contribution to the launch of the European satellite observation and navigation project Galileo, Buhlmahn said.

Berlin (AFP) May 16, 2001
The German government said Wednesday it had pledged eight billion marks (four billion euros, 3.5 billion dollars) over the next four years to a new space exploration program, the country's first in nearly two decades.

Research minister Edelgard Buhlmahn said the new investment approved by the cabinet was aimed at increasing German industry's share of the global commercial revenues gleaned from space exploration and maintaining Germany's position as a world leader of research in space.

It is also intended to fulfill Germany's commitment to European space projects.

The bulk of the funds will go to Germany's contribution to the launch of the European satellite observation and navigation project Galileo, Buhlmahn said.

The system is planned for a range of civilian and military uses including global traffic observation, navigation of large ships, detection of environmental damage, prevention of natural catastrophes and peacekeeping.

In addition, Germany will support the European commercial space transportation program Ariane, which Buhlmahn said should "guarantee secure access to space for Europe" and ensure the European Union holds its own against the United States in space.

The funds will also be used to finance 41 percent of European investment in the International Space Station.

"The uses of space travel for people and scientific excellence are of primary importance for Germany's space policy," Buhlmahn said.

SPACEMART

Galileo Forges Ahead With New Release Of Funds

Paris - April 24, 2001
Galileo, Europe's global satellite navigation system, leapt an important hurdle on 5 April 2001 when European Union Transport Ministers agreed to make available Euro 100 million for the start of the programme. The ministers will decide on the release of a further Euro 450 million at their meeting next December, when they will also approve the setting up of an entity to manage the programme.

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