A small company hopes to prove that the sky may not be the limit for technology companies here.The Prague-based Iguassu Software Systems is currently developing technology for Galileo and for the European Geostationary Navigation Overlay Service (EGNOS) — two major satellite navigation projects for the European Space Agency (ESA).
The projects aim to reduce European dependence on the U.S. Global Positioning System (GPS).
Iguassu won the bid to work on the prestigious project along with renowned space technology companies Thales, Alcatel and CAP Gemini in late July. It will focus on developing new systems that allow for more accurate and reliable navigation when the EGNOS satellite signal is not available. One of its tasks will also be to design and develop a new server to increase user capacity.
The company will also help develop satellite search and rescue capabilities under the Galileo system.
Iguassu Director Petr Bareš said the assignment proves that even small Czech technology companies without specific experience in space projects can successfully bid in major international space-industry projects by first building their reputations.
“We earned recognition through cooperating with [international companies] such as Hewlett-Packard and Ingersoll-Rand, even though it was in other high-tech fields,” Bareš said.
Iguassu launched its business on the Czech market in 1994 as a branch of a British technology company.
Following a buyout five years later, the company became fully independent from the UK headquarters.



















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