The European Commission announced on Wednesday that it had awarded a contract for 12 satellites to ThalesAleniaSpace and Airbus for 1.47 billion euros, for the next generation of the Galileo satellite positioning system.
"
The first satellites of this second generation will be placed in orbit by the end of 2024,
" the European executive said in a statement.
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With their new capacities based on high innovative technologies (...) these satellites will improve the accuracy of Galileo
", underlined the Commission.
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