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Thales, Inmarsat and EADS space consortium pre-selected for second phase of Galileo concession process

11 February 2004

The consortium formed jointly by Inmarsat Ventures Ltd, EADS Space Services and the Thales Group announced today that it has been chosen as one of only three final bidders for the Galileo Concession. The Galileo Joint Undertaking made the selection after a full evaluation.

The Consortium is pleased to have been selected to progress to the next stage of the concession process in this important project for the long-term future of Europe and is looking forward to working closely with European Governments and other interested parties to ensure that the Galileo dream becomes a reality.

Galileo is a European Union project to develop a new advanced satellite navigation system, superior to existing satellite navigation systems. The consortium submitted a bid on 5 December 2003 to the Galileo Joint Undertaking, who is managing the development phase of Galileo on behalf of the European Commission (EC) and the European Space Agency (ESA). The Galileo Joint Undertaking announced the winning bids today after a full evaluation of all four submitted bids. The winning Concessionaire is expected to take the lead in arranging for financing of the deployment and operational phases of Galileo, and ultimately would become the Galileo Operating Company.

The Galileo programme is a major step forward for Europe. It is the first major European-level infrastructure procurement programme with a global dimension. It is also the first major Public Private Partnership (PPP) at a multinational level. It will bring numerous benefits to Europe, notably the opportunity to demonstrate how government and industry can cooperate to achieve both market and policy success.

The three consortium members, Inmarsat Ventures Ltd, EADS Space Services and the Thales Group are the respective European market leaders in the fields of mobile satellite communications, navigation-based products and services and aerospace. Together they bring an unmatched array of experience and competencies to the Galileo Programme. By joining forces in the consortium they are expressing their combined desire to push forward and develop the opportunity represented by Galileo.

Press contacts :
Matt Pothecary
Tel : + 33 (0) 1 57 77 86 26
Simone Droll:
Tel: +33 (0)1 57 77 80 32

About Inmarsat Ventures Ltd
Inmarsat Ventures Ltd is a leading provider of global mobile satellite communications services. Its services include voice, fax, intranet and internet access and other data services used by multinational corporations, government agencies, media and international aid organisations and other enterprise level users in the maritime, land and aeronautical sectors.

Press contact:
Dominic Cook
Tel: +44 20 7728 1256

EADS SPACE Services is tasked with developing satellite service activities in the segments of telecommunications and navigation.
EADS SPACE Services is a fully owned subsidiary of EADS, European Aeronautic Defence and Space Company. In 2002, EADS SPACE had a turnover of €2.2 billion and 12.300 employees in France, Germany, the United Kingdom and Spain.

Press contact :
EADS Space
Rémi Roland
Tel:+33 (0) 1 34 88 35 78

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