Galileo comes out of suspended animation
After the private consortium that wanted in on the EU’s Galileo satellite navigation project wanted out after all, Galileo was quickly and quietly put to sleep. You know, like they had to do with Hal (thanks w00titude)?
It was hoped that someone else would come along who would take the bait or buy the swamp land or whatever it was they were supposed to do, but bait takers have clearly been few and far between. That is why the EU has now taken the initiative and has decided to fill out the project’s massive budget gap all by itself. Who needs private investors anyway? It’s only money, after all.
So despite Germany’s resistance (they are going to be the folks who will be shelling out the most), Galileo has now been resuscitated with a massive injection of 2.4 billion euros. Its heart is beating again, so-to-speak. And the clock is ticking. And the teeth are grinding. At least in Berlin they are. But they should look on the bright side. At least nobody has to worry about the weak dollar here, like they have to do with Airbus.
3, 2, 1, meins, ich meine, lift off!
It was hoped that someone else would come along who would take the bait or buy the swamp land or whatever it was they were supposed to do, but bait takers have clearly been few and far between. That is why the EU has now taken the initiative and has decided to fill out the project’s massive budget gap all by itself. Who needs private investors anyway? It’s only money, after all.
So despite Germany’s resistance (they are going to be the folks who will be shelling out the most), Galileo has now been resuscitated with a massive injection of 2.4 billion euros. Its heart is beating again, so-to-speak. And the clock is ticking. And the teeth are grinding. At least in Berlin they are. But they should look on the bright side. At least nobody has to worry about the weak dollar here, like they have to do with Airbus.
3, 2, 1, meins, ich meine, lift off!
Kommentare auf Deutsch? Her damit!
Why bother. Using unused "agriculture funds" on something useful like education is probably just too overrated.
- Ben (w00titude) (Comment this)
The amazing thing is this: The Germans have no problem whatsoever selling themselves down the river to become completely dependent on Russian gas to the point of extortion: See Ukraine and others. On the other hand, they get all excited and warn the rest of their socialist buddies about being too dependent on an American GPS signal. Ingrates. YGBSM.
-Scout (Comment this)