European Galileo satellite navigation finally comes online, will create 90 billion euro business opportunities in the next 20 years

At the beginning, because the scale of investment has soared from the initial 1 billion euros to 10 billion euros, many EU member states are reluctant to pay, making the plan to delay the European Galileo PosiTIoning System program for 17 years. After several budget increases and technical delays caused by satellite launch failures, it was finally put into operation and began to send the first satellite signals to smartphones and car navigation devices.

It is understood that this navigation system, which will consist of 30 satellites, is expected to surpass the US Global Positioning System (GPS) and Russia's GLONASS satellite navigation system in the future, making it the world's most accurate positioning and navigation technology. Ending Europe's long-standing reliance on GPS and GLONASS.

Moreover, due to the large number of satellites and the installation of the most accurate atomic clock, it is estimated that Galileo satellite navigation can provide better signals and transmit more information when the error is only 1 second after 3 million years of operation. Moreover, its free positioning accuracy can be up to one meter, and the paid service is more accurate, which will reach the accuracy of centimeters. In comparison, the accuracy of GPS and GLONASS can only reach a few meters.

The Galileo system currently has 18 satellites in orbit and the signal is not stable at the beginning, so it still needs the help of GPS satellites. But by 2020, when the launch of another 12 satellites is completed, a total of 30 satellites hovering over the height of 23,333 kilometers above the Earth will provide more reliable signal transmission and will provide unprecedented accurate time and position data.

According to the official website of the Galileo satellite navigation system, when all 30 satellites are in place, their search and rescue services can greatly reduce the time for personnel to search and rescue. For example, search and rescue for people who are lost on the seabed or in the mountains will be reduced from the previous 3 hours to 10 minutes. Moreover, the signals of the Galileo system can be reached smoothly, whether in the tunnel or in the streets surrounded by high-rise buildings.

The European Commission and the European Space Agency, which are responsible for developing the technology, said that some mobile phone manufacturers have already started to manufacture related chips. In the future, as long as they are loaded with chips compatible with Galileo navigation systems, navigation can be used free of charge for both smartphones and car navigation systems. Services, some even use software upgrades.

It is understood that currently including China's Huawei Mate9, and a Spanish smartphone have been loaded with compatible Galileo navigation system chips. In addition, Qualcomm, Broadcom, Intel, MediaTek and other chip makers are also producing more than a dozen chips compatible with Galileo navigation systems. These industrial cooperation will inject a lot of money and innovation into Galileo navigation to help develop new applications and services. According to estimates, the Galileo navigation system will contribute 10 percentage points to the EU's GDP, which will increase to 30% by 2030. The European Commission also said that the Galileo satellite navigation system will generate 90 billion euros in revenue in the next 20 years.

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