Observing Earth-orbiting satellites additionally to natural extra-galactic radio sources with Very Long Baseline Interferometry (VLBI) radio telescopes offers a variety of new possibilities and allows expanding the research activities of this highly accurate technique. The combination of observations to satellites and quasars permit the determination of the satellite orbit from VLBI observations in the terrestrial as well as in the International Celestial Reference Frame. The latter is enabled by the unique capability of VLBI to determine Universal Time UT1. In this contribution for the first time, the precision of short satellite orbital arcs determined with simulated VLBI observations to Galileo satellites for different observation geometries using various VLBI networks and arc lengths is investigated. For this purpose, schedules including both, observations to quasars and satellites, are created using the scheduling software VieSched++. The simulations of the scheduled observations and the estimation of the satellite arcs are carried out using the Vienna VLBI and Satellite Software (VieVS). The quality of the estimated orbits is investigated and assessed based on the mean formal errors and the repeatabilities of the individual components of the satellite positions based on Monte Carlo simulations.