The European Space Agency (ESA) has awarded a 78,4-million-euro contract to multinational technology company GMV to develop key technologies and demonstrate the benefits of Low-Earth Orbit (LEO) satellites for Positioning, Navigation and Timing (PNT). GMV will be responsible for the complete end-to-end space mission and will lead an industrial organization that includes OHB System AG, Alén Space, Beyond Gravity and Indra as core partners.