07.08.2019 OHB SE  DE0005936124

DGAP-News: OHB SE: OHB's second SmallGEO satellite in orbit - EDRS-C expanding Airbus's SpaceDataHighway


 

DGAP-News: OHB SE / Key word(s): Miscellaneous
OHB SE: OHB's second SmallGEO satellite in orbit - EDRS-C expanding Airbus's SpaceDataHighway

07.08.2019 / 10:05
The issuer is solely responsible for the content of this announcement.


Bremen/ Kourou, August 06, 2019. The telecommunications satellite EDRS-C, which is the second node of the SpaceDataHighway system (also known as European Data Relay System, EDRS), lifted off from the European Space Center in Kourou, French Guiana at 21:30 CEST on August 06, 2019. The 3.2 ton satellite was engineered and manufactured by space systems specialist OHB System AG, a subsidiary of listed company OHB SE. It separated from the Ariane 5 launch vehicle on schedule after an ascent lasting about 30 minutes. A few minutes later, the EDRS-C satellite transmitted its first "signs of life" from space.

"I would like to thank Airbus and ESA for the trust they have placed in OHB and all those involved at OHB as well as our many subcontractors for their valuable contributions. I am eagerly awaiting the day on which our second SmallGEO satellite goes into operation and supplements the SpaceDataHighway," said Guy Perez, company CTO and member of the Management Board of OHB System AG responsible for telecommunications.

Europe's laser-based data relay system is being implemented as a public-private partnership between the European Space Agency (ESA) and Airbus. A constellation of geostationary satellites will be linked to a network of ground stations and, using innovative laser communication technology, will receive data from Earth observation satellites from lower orbits and relay it to ground stations in Europe, in near real-time and at a rate of 1.8 Gbit/s. Specifically designed for optical communications, the EDRS-C satellite developed, manufactured and tested by OHB on the basis of the SmallGEO platform forms the second node of the system. It also incorporates the HYLAS 3 Ka-band payload delivered to OHB System AG by ESA on behalf of Avanti Communications as a customer-furnished item.

OHB's contractual partners include international suppliers and service providers as well as other OHB Group companies. The ESA EDRS programme is being supported by the German Space Administration at DLR (German Aerospace Center), which has received funding from the German Federal Ministry for Economic Affairs and Energy and the Bavaria state government for the development of the system.


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]


07.08.2019 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
Manfred-Fuchs-Platz 2-4
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
EQS News ID: 853429

 
End of News DGAP News Service

853429  07.08.2019 

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EBITDA1,2 58,81 65,01 78,33 77,02 83,62 99,28 162,12
EBITDA-Marge3 7,12 6,66 7,80 8,75 9,24 10,51
EBIT1,4 44,22 47,75 49,11 41,63 47,02 63,20 125,02
EBIT-Marge5 5,35 4,89 4,89 4,73 5,20 6,69 11,93
Jahresüberschuss1 27,72 28,39 25,63 19,74 27,75 32,23 85,88
Netto-Marge6 3,36 2,91 2,55 2,24 3,07 3,41 8,20
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