European Galileo Is American GPS

Today the decision was not made yet. Hopefully tomorrow we will get good news from the ministers. Galileo is a satellite positioning system, which works in similar manner as American counterpart GPS. Background for the project seems promising: European and American systems will be compatible and private companies have promised to offer substantial financing for the project. If this enterprise is shown green light, the system will be in commercial use from 2008 onwards. Is that the time when the prices of positioning services will come down... Wait and see.