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The three companies set up the joint venture SATNUS Technologies, S.L., with an identical capital contribution each, adjusting the workload distribution for each of the phases of the program
SATNUS Technologies, S.L will coordinate all activities of the remote carriers technology pillar, led in Spain by the 3 companies in a consortium
This reinforces and reaffirms the commitment of GMV, SENER Aeroespacial and TECNOBIT- GRUPO OESÍA to drive national participation in this important pillar, placing Spain in pole position in the Next Generation Weapon System (NGWS)
The combined capabilities of the three companies will result in a relevant industrial player in the missile systems sector that can address the needs of the Ministry of Defense and the Armed Forces, and represent national interests in international cooperation projects
Launched under the umbrella of the EDIDP program, GEODE is the biggest Galileo application development project ever launched and a crucial and decisive step towards the development of the Galileo Public Regulated Service (PRS) military User Segment Co-financed by Belgium, Germany, Italy, France and Spain, GEODE is supported by the EU with a grant of about 44 million Euros Within the Spanish industrial team, GMV is responsible for integration of the GNSS/PRS Receiver system, and in particular for the development of all the Receiver’s signal-processing, navigation and timing functions