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	News: Galileo finances could result in more delays Europe's Gailileo satellite navigation network could suffer further delays as funding shortfalls take effect. Beset by delays and infighting over the mounting costs, Galileo was originally projected to be operational by 2013 but this target will not now be met. Although the first operational fleet of 18 vehicles is still on target for 2014, with the original £2billion already spent on the validation test vehicles the full fleet of 30 satellites is still a very long way off with future budgets for the purchase of the full fleet now in jeopardy. With Galileo funded by EU member states, who are already struggling to find cuts in their budgets, it is difficult to see where the European Commission expects to find the extra funding. Click here to read more... Click here to discuss... Posted on Thursday, July 08 @ 09:17:17 UTC by Darren Griffin


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