OHB SE: OHB System AG proposal for PLATO project selected by ESA
April 25, 2018 at 07:25 am EDT
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DGAP-Ad-hoc: OHB SE / Key word(s): Miscellaneous
OHB SE: OHB System AG proposal for PLATO project selected by ESA
25-Apr-2018 / 13:15 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Bremen, April 25 2018 OHB System AG, a subsidiary of Bremen-based space and technology group OHB SE (Prime Standand, ISIN DE0005936124) was selected today as prime contractor for the science mission PLATO by the European Space Agency ESA. The contract value will most likely amount to EUR 297 million. The negotiations are expected to start in June.
PLATO (PLAnetary Transits and Oscillations of Stars) is a mid-sized research mission to be launched in 2026 for exploring exoplanetary systems. Through a satellite-based observatory, planets within the orbits of other solar systems should be searched for and should be explored. During the development and the production of the PLATO satellite, OHB System will have access to the contribution of a core team consisting of Thales Alenia Space (France and UK) and RUAG Space Switzerland.
25-Apr-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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 
