International Space
Abstract
States and companies throughout the world have shaped the environment by trading on a global scale bringing the economies closer together. One part of the swift development in the last decade effecting economic growth is the domain of space. On a daily basis taken for granted, but it is gaining more and more importance to maintain the assets in space. In the beginning of the 21 century the European Union (EU) declared that Europe countries saw a new opportunity in space and decided to form a constellation of satellites to be able to navigate using these satellites just like the US Global Positioning System (GPS). This project called Galileo was reconfirmed in 2010. In this paper a closer look will be given to the economic gains and therefore ways to reverse European economic degradation, from the proposed constellation of Galileo as follow-on of the European Geostationary Navigational Overlay Service (EGNOS) in space. To specify economic benefits deriving from Galileo, EU investments will be accounted for and four sections of public interest will be expressed to show economic revenues the new satellite constellation will realize for companies and users in the EU.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 01, 2010
- Accession Number
- AD1019109
Entities
People
- Andreas Kaukel
Organizations
- Air Command and Staff College