Up to
1,000 new jobs could be created in the space programme following a
multi-million Government investment.
The
DTI and the DTLR is set to provide £86m to help fund the European Space
Agency’s Galileo programme, which is developing the future global positioning
navigation system.
The
system will lead to improved air traffic management and Secretary of State for
Trade and Industry
Patricia
Hewitt said the investment would lead to new jobs: "The Galileo programme
is likely to create around 1,000 new high-technology jobs in the UK. As well as
benefiting the UK’s major satellite manufacturing companies, many of the job
and investment opportunities created will be in the smaller supply companies,
and leading edge R&D facilities," she said.
When
completed Galileo will deliver real-time positioning offering users accuracy to
within one meter.
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