UK may never recover £1.2bn invested in EU Galileo satellite system

British armed forces will not get access to Galileo, a rival to the US GPS system, after Brexit

The UK may never claw back £1.2bn of investment in Galileo, the EU’s satellite navigation system, as Theresa May officially pulled the plug on UK defence and security participation in the system after Brexit.

Galileo, developed as a rival to the US GPS system, is due to be launched in 2020 with civilian and military variants. The UK’s continued involvement, given the extent of British funding of the system, has been at the centre of some of the bitterest rows of the Brexit negotiations.

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Source : UK may never recover £1.2bn invested in EU Galileo satellite system