29.09.2011

ESA and OHB System signed the Extension to the contract for the development of the Small GEO geostationary satellite platform

The European Space Agency ESA and OHB System AG, an OHB company, have signed a rider to the contract for the development of the SmallGEO geostationary satellite platform today. The Extension signed has a value of ca. EUR 14 million.

The SmallGEO platform is being developed by a consortium lead by OHB System AG within the ESA ARTES-11 program and is to go into operation in 2013 for the first time with a communications payload to be known as “Hispasat AG1” for Spanish service provider Hispasat.

The purpose of the Extension to the development contract signed today, which is known as Sub-Element 3 (ARTES 11-3), is to prepare the SmallGEO platform for a broader target group in the market for commercial satellite services beyond the Hispasat AG1 mission. It includes measures to reduce the costs of the entire platform as well as production and process costs along with a product extension to optimize the platform for a large number of different communications services.

Upon signing the contract, Marco Fuchs, CEO of OHB System AG, stated: “Sub-Element 3 marks the logical continuation of the development work on-going under a contract with ESA as part of it's ARTES 11 programme and is an important step towards the successful commercial exploitation of our SmallGEO platform.

Contact for media

Günther Hörbst
Head of Corporate Communications

OHB SE
Karl-Ferdinand-Braun-Str. 8
28359 Bremen
Germany

Phone.: +49 421 2020-9438
Mobile: +49 171 1931041
Email: guenther.hoerbst@ohb.de

Julia Riedl
Corporate Communications

OHB System AG
Manfred-Fuchs-Straße 1
82234 Weßling - Oberpfaffenhofen
Germany

Phone: +49 8153 4002 249
Mobile: +49 172 10 80 716
Email: julia.riedl@ohb.de

You can reach both of us with an email to pr@ohb.de