"ESA's Precision Navigation Missions: Advancing Earth Measurement and Satellite Technology"

The European Space Agency is investing €76.6 million in the development of Genesis, a flying observatory that will provide positioning services accurate to a single millimeter by co-locating various Earth-measuring techniques on board. This will contribute to the International Terrestrial Reference Frame (ITRF) and benefit fields such as aviation, traffic management, climate change monitoring, and more. Additionally, the agency has allocated separate funds for the Low Earth Orbit Positioning Navigation and Timing demonstrator (LEO-PNT) to improve positional accuracy and test new signals and frequency bands for satnav systems. Both Genesis and LEO-PNT are part of the FutureNAV program and are expected to launch by 2028.