Eurely, the consortium formed by Alcatel, Finmeccanica, AENA and Hispasat, has provided its final proposal for the Galileo Concession. The offer, submitted to the European Commission by Eurely, contains further details and binding commitments to manage the services of the new satellite based European navigation system, in addition to the original proposal of September 2004.

The Eurely proposal exceeds the European Commission and ESA requirements for the systems, due to the unrivalled competence and strengths of all its international partners in satellite services. The Eurely business plan is already today fully funded, as equity and other financing, on a non recourse basis, are over-subscribed.

Eurely’s unmatched industrial competence is based on the strong and diverse experience developed by the partners in all space related manufacturing, operations and services as well as applications domains.

Eurely still continues to attract major European companies eager to cooperate on an exclusive basis to develop applications in the domain of their expertise.

More than 40 companies from a wide variety of business sectors, such as telecommunications, civil works and road management, railways and defence have joined Eurely in the meantime.

Through these partnerships and the connected capabilities, Eurely is in the unique position to cover all relevant sectors of the future markets for Galileo, such as location based services which are already under development, toll systems, air navigation, emergency applications, transportation safety systems and more.

Furthermore, the Eurely consortium can build on the unique experience and expertise in high precision navigation systems acquired through its EGNOS activities under the leadership of Alcatel Space as prime contractor to ESA.

Today the EGNOS system is utilizing existing GPS signals and is built to increase the integrity and to improve continuity, accuracy as well as the reliability of those signals for transportation applications.

EGNOS is an important prerequisite in building and testing value add services already today and therefore provides a head-start to Eurely in developing applications for Galileo.

A strong endorsement of the capabilities of the members of Eurely is the most recent achievement in the history of space: the success of the Cassini-Huygens mission with the landing and the operation of the Huygens probe on TITAN which exceeded the expectations of ESA and Europe.

As Alcatel Space was the prime contractor of Huygens and Alenia Spazio has developed some of the most critical and innovative systems in the Cassini spacecraft, Eurely is especially proud to include such companies that are part of this European success.

Through its partners and expertise the Eurely Consortium is uniquely positioned and strongly committed to be “the” concessionaire to manage the construction and operations of Galileo for Europe.