20.06.2018
OHB SE DE0005936124
DGAP-News: OHB SE: OHB subsidiaries awarded Copernicus studies
DGAP-News: OHB SE / Key word(s): Contract
OHB SE: OHB subsidiaries awarded Copernicus studies
20.06.2018 / 14:23
The issuer is solely responsible for the content of this announcement.
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OHB Sweden and OHB Italia, the subsidiaries of the space and technology
group OHB SE, have been awarded contract two studies on the candidate
expansion missions of "Copernicus" by the European Space Agency ESA. This
brings in addition with three more studies for OHB Systems AG the total
order volume for the OHB Group from "Copernicus" to EUR 24 million.
OHB Sweden was selected as prime contractor for the "PIST" (Polar Ice and
Snow Topography) mission study with a contract volume of EUR 5 million. The
purpose of the PIST mission is to complement sea level altimeter missions by
doing measurements of polar ice cap, sea ice variation and snow levels for
climate change monitoring.
In addition, OHB subsidiary OHB Italia was selected by ESA as subcontractor
for a study on the CIMR (Copernicus Imaging Microwave Radiometer) mission.
The contract is worth EUR 2 million. OHB Italia will be responsible of the
Passive Microwave Imager payload, based on the strong heritage as prime
contractor of the Metop-SG Microwave Imager instrument. Among other things,
the concentration of ice at sea can be observed. This mission shall provide
improved continuity of sea ice concentration monitoring missions, in
particular in terms of spatial resolution, temporal resolution (sub-daily)
and accuracy (in particular near the ice edges). Additional measurement of
Sea Surface Temperature in the polar regions may also be included.
Three further studies on the possible expansion missions of "Copernicus"
were awarded by ESA to OHB System AG as prime contractor. These
European-wide studies have a value of 17 million euros. The total volume of
the European Commission's envisaged budget for the Copernicus mission
amounts to EUR 5.9 billion.
Contact:
Investor Relations
Martina Lilienthal
Tel.: +49 421 - 2020-720
Fax: +49 421 - 2020-613
E-Mail: [email protected]
Corporate Communications
Günther Hörbst
Tel.: +49 421 - 2020-9438
E-Mail: [email protected]
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20.06.2018 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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Archive at www.dgap.de
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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: [email protected]
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
End of News DGAP News Service
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