LONDON (Reuters) – Britain is contemplating organising a satellite tv for pc navigation system to rival the European Union’s Galileo undertaking amid a row over makes an attempt to limit Britain’s entry to delicate safety data after Brexit, the Financial Times reported
The Galileo satellite tv for pc programme is the EU’s 10 billion euro ($12.2 billion) programme to develop a rival to the U.S. Global Positioning System.
The FT additionally stated that Britain’s business minister Greg Clark was taking authorized recommendation on reclaiming the 1.four billion euros it has invested in Galileo because the undertaking began in 2003.
The European Commission has began to exclude Britain and its firms from delicate future work on Galileo forward of the nation’s exit from the EU in a yr’s time, a transfer which UK business minister Clark stated threatened safety collaboration.
“We have made it clear we do not accept the Commission’s position on Galileo, which could seriously damage mutually beneficial collaboration on security and defence matters,” he stated in an emailed assertion.
Britain has performed an enormous half in Galileo up to now, finishing up about 15 p.c of the work on it. Clark stated that if Britain was excluded it may end in years of delays and better prices for the undertaking “stretching into the billions”.
He promised to make sure that Britain’s area business was not disadvantaged of future alternatives.
“We will continue to work with the UK space sector on this issue and through our modern Industrial Strategy will ensure the UK can realise the opportunities of the commercial space age,” Clark stated.
Britain’s area sector is rising 4 occasions quicker than the remainder of the UK economic system and the nation has a 7 p.c share of the global area business.
Reporting by Sarah Young; modifying by Guy Faulconbridge