UK plans to invest £500 million in new EU’s Galileo alternative satellites system

The UK government plans to invest £500 million in new satellites that is meant to match the EU’s Galileo system.

British national newspaper reports that the UK government is planning to purchase their own satellite navigation system for defence and critical national infrastructure purposes.

Prime Minister Johnson and the chancellor Rishi Sunak have acquired a 20% stake in satellite operator OneWeb on Thursday night (25 June), once it was clear that the UK will not be able to access the EU’s Galileo satellite navigation system because of Brexit.