With an expected downstream market size of 65 billion Euros by 2010, and a projection of 4 fold growth by 2030, the world market for Global Navigation Satellite Systems (GNSS) products and services has become a new frontier for future-oriented companies. The scope of possibilities for businesses ranges from satellite subsystems to Galileo-GPS combined receivers up to software for vehicle navigation and robotics for Unmanned Aerial Vehicles (UAV’s). With the advent of Galileo, the future European GNSS, innovative companies in the state of Bavaria are increasingly filling the growing market demand…
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Source: German American Trade / State of Bavaria U.S. Office for Economic Development
For more information about establishing a location in the State of Bavaria, please contact Jan Danisman, phone: 212-317-0588 or email: info(AT)bavaria.org.
