27.01.2016
OHB SE DE0005936124
DGAP-News: OHB SE: OHB Sweden selected to build propulsion systems for the space research satellite EUCLID
DGAP-News: OHB SE / Key word(s): Miscellaneous
OHB SE: OHB Sweden selected to build propulsion systems for the space
research satellite EUCLID
27.01.2016 / 10:03
The issuer is solely responsible for the content of this announcement.
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OHB Sweden (a subsidiary of OHB SE, ISIN DE0005936124) has been appointed
as supplier of both the chemical propulsion system as well as the fluidic
part of the micro-propulsion system for the satellite EUCLID by the
European Space Agency (ESA) and Thales Alenia Space in Italy. The total
contract amount is approximately EUR 12 million.
Scheduled for launch in 2020, Euclid will explore dark energy and dark
matter, the essential but still mysterious ingredients in today's "Standard
Model' of cosmology. In this model, the majority of matter in the universe
is invisible (dark matter), and the universe is expanding at an increasing
rate under the action of a still unknown energy source (dark energy).
"We are very happy for the confidence that Thales Alenia Space and ESA have
shown by entrusting us this contract. OHB Sweden has built a strong
expertise in propulsion systems in recent years and the company is today a
recognized supplier of electrical, chemical and cold gas propulsion systems
for satellites." says Gierth Olsson, CEO of OHB Sweden.
The chemical rocket motors are mainly used for transfer correction
manoeuvres and station keeping manoeuvres on the way to and around the
Lagrange point 2, and the micro cold-gas thrusters for the fine attitude
control during science pointing.
OHB Sweden AB is an affiliate of OHB SE (Prime Standard, ISIN:
DE0005936124), one of the three large space prime companies in Europe. As
space systems supplier, OHB Sweden develops, builds, tests and operates
satellites and subsystems for various space projects in communications,
Earth observation and space science. Including both satellites in low and
geostationary orbit as well as spacecraft designed for interplanetary
missions. For more information, see www.ohb-sweden.se
Contact:
Investor Relations
Martina Lilienthal
Tel.: +49 421 - 2020-720
Fax: +49 421 - 2020-613
E-Mail: [email protected]
Corporate Communications
Martin Stade
Tel.: +49 421 - 2020-620
Fax: +49 421 - 2020-9898
E-Mail: [email protected]
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27.01.2016 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.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and 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
End of News DGAP News Service
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