OHB SE: Contract for electro-optical reconnaissance system signed
November 27, 2017 at 07:45 am EST
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DGAP-News: OHB SE / Key word(s): Contract
OHB SE: Contract for electro-optical reconnaissance system signed
27.11.2017 / 13:41
The issuer is solely responsible for the content of this announcement.
Bremen - Marco R. Fuchs, CEO of OHB System AG, a subsidiary of the Bremen-based space technology group OHB SE, has today signed a contract with the customer for the implementation of a global electro-optical satellite system for reconnaissance. The contract has a budget of up to EUR 400 million.
"We are very proud of the confidence that the Federal Republic of Germany has shown in us with its decision to award us the contract for a further satellite-based reconnaissance system after SAR-Lupe and SARah," says Fuchs. "This makes OHB a competent technology partner for the Federal Republic of Germany in both radar-based and electro-optical reconnaissance."
Dr. Ingo Engeln, a member of OHB System AG's Management Board, stresses the valuable expeirence that OHB already has in satellite-based reconnaissance systems. "The skills that we have gained in the SAR-Lupe and SARah projects will help us to successfully implement the electro-optical reconnaissance system as well," says Engeln.
27.11.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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Language:
English
Company:
OHB SE
Karl-Ferdinand-Braun-Str. 8
28359 Bremen
Germany
Phone:
+49 (0)421 2020 8
Fax:
+49 (0)421 2020 613
E-mail:
ir@ohb.de
Internet:
www.ohb.de
ISIN:
DE0005936124
WKN:
593612
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
OHB SE is a Germany-based company, which focuses on the space technology. The Company operates in two segments: Space Systems, developing and executing space projects, low-orbiting and geostationary small satellites for navigation, research, communications and earth observations including scientific payloads; and Aerospace + Industrial Products, responsible for fabricating aviation and space products as well as other industrial activities. The Company operates through a number of subsidiaries located in Germany, Italy, Luxembourg, Belgium, France, Sweden, the United Kingdom and French Guiana, including OHB Logistic Solutions GmbH, OHB France SAS, OHB Sweden AB, MT Aerospace Guyane SAS and ORBCOMM Deutschland Satellitenkommunikation AG.
OHB SE 
