The companies signed the contract Thursday with the European Space Agency, which procures the satellites on behalf of the EU.
Officials warned that the UK's impending exit from the EU would require the country to negotiate a new deal to remain part of Galileo.
Ten atomic clocks have failed onboard the European Union’s Galileo navigation satellites, casting doubt on when the unfinished constellation’s next batch of spacecraft will be orbited.
Satellite and rocket hardware builder OHB of Germany on Nov. 16 said delays in its supply chain had put pressure on its revenue in recent months but that the company’s full-year profitability would be unaffected.
The Russian space agency, Roscosmos, on Oct. 21 gave written warning to the French government that it would take France to court in six months unless France’s Arianespace launch-service company frees up about 300 million euros ($330 million) in long-overdue payments.
Satellite and rocket-component builder OHB SE of Germany on Aug. 17 reported flat revenue but higher profit for the six months ending June 30 and reiterated its full-year revenue forecast based on sales volume late in the year.
The British vote to leave the European Union may occur gradually over two years but raises multiple immediate questions about the consequences for Europe’s space programs and Britain’s role in them.
OHB CEO Marco Fuchs discusses Arianespace's reorganization and the role of small shareholders, Germany's role in Europe's Vega rocket and the upcoming European Commission and European Space Agency decisions.
A Europeanized Russian Soyuz rocket on May 24 successfully placed two European Galileo positioning, navigation and timing satellites into medium-Earth orbit – the 13th and 14th in a series of 26 Galileo spacecraft, with more to come.
Satellite and rocket-component builder OHB SE fell short of its revenue target for 2015 because of delays in two telecommunications satellites for which it is prime contractor, the company said March 17.
Sorting out access to the government-only Public Regulated Service even among the 28 European Union nations has been complicated.
The launch of the 11th and 12th Galileo satellites on a Europeanized Russian Soyuz rocket is expected to permit initial services by late 2016.
A Europeanized Russian Soyuz rocket equipped with a Fregat upper stage on Sept. 11 successfully placed two European Galileo positioning, navigation and timing satellites into medium-Earth orbit, with two more scheduled for launch in December aboard a Soyuz.
The government agency overseeing Europe’s satellite navigation system said Sept. 9 it would invest $110 million to promote development of user hardware.
The European GNSS Agency said the L-band navigation payload on the SES-5 is performing well and will replace the payload on a satellite that Inmarsat plans to relocate.
European suppliers of satellite navigation chipsets, user terminals and related services said they risk being overrun by U.S., Chinese and Russian competitors, all of which benefit from government support.