Thales Alenia Space, the joint venture between Thales (67%) and Leonardo (33%), announced today that it has signed a new contract with the European Space Agency (ESA), on behalf of the European Commission, to upgrade Europe’s EGNOS satellite navigation system. Via this contract Thales Alenia Space will develop a new version of EGNOS (version V242B), incorporating new advanced functionalities.
Worth a total of about 78 million euros, this contract includes the following:
Certification and commissioning of this latest version is slated for 2023.
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