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News briefs: March 26
Posted: Wed, Mar 27, 2002, 6:45 AM ET (1145 GMT)
GalileoSat illustration
  • As expected, European transport ministers unanimously approved funding for the Galileo navigation satellite system on Tuesday. The decision freed up 450 million euros (US$395 million) of European Union funding to start the project; ESA had already committed a similar amount late last year. The project will eventually require 3.6 billion euros (US$3.15 billion) of public and private funds to deploy 30 satellites.
  • Northrop Grumman and TRW fired another round of salvos in their takeover battle Tuesday. Northrop officials said they would be willing to raise their $47/share offer if TRW shareholders vote to allow Northrop access to proprietary financial information. TRW replied that there was "nothing new" in Northrop's proposal and urged shareholders to deny Northrop access to the information.
  • The entertainment news site Ain't It Cool News released information about the proposed ABC TV program "Astronauts" this week. The show's pilot episode will feature a rescue mission to the International Space Station after a Russian propulsion module collides with the station. The site's review of the pilot bills it as "Apollo 13" meets "The West Wing." No word when the pilot will be aired.
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news links
Tuesday, July 1
Move over Starlink, here comes Kuiper
Gulf News — 4:58 am ET (0858 GMT)
USSF Seeks Industry Ideas For Space-Based Interceptors
Aviation Week — 4:57 am ET (0857 GMT)
Don’t forget about Iran’s space program
POLITICO — 4:54 am ET (0854 GMT)
EU Space Act is ‘orbital equivalent of GDPR’, says lawyer
Luxembourg Times — 4:53 am ET (0853 GMT)
Poland’s second ever astronaut is safe in space
Euro Weekly News — 4:49 am ET (0849 GMT)


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