, Europe's proposed GPS-like satellite navigation system? It's back in the headlines, and according to the Telegraph
, UK-based Surrey Satellite Technology and Germany's OHB System have jointly secured €566 million (that's $815 million in US currency) to build 14 more satellites. The funding continues until 2013, whereby 22 satellites will be order. Full satellite navigation requires 27, and ultimately the European Union wants 32 technological waypointers. Launch date? Apparently 2014 -- we're hopeful, but this road has been wrought with delays before.