26.07.2012

ESA contract for NELS study

OHB to explore new concepts for future European launch services

OHB AG (Prime Standard, ISIN: DE0005936124) and the European Space Agency (ESA) have signed a contract to study innovative concepts for future European access to space.

The purpose of the New European Launch Service (NELS) study is to submit to ESA innovative proposals on how Europe can maintain its current leadership in the satellite launch market. It will evaluate how ESA member states, in the face of increasing global competition, can secure independent and affordable access to space in the post-ARIANE 5 era.

The study has a contract value of EUR 2.25 million and a term of 12 months. The OHB companies involved are MT Aerospace AG, Augsburg (lead), and OHB System AG, Bremen. The team also comprises Roland Berger Strategy Consultants, Safran, RUAG Space, ASTOS Solutions and several independent experts.

The study will explore new technical solutions for a European launch vehicle as well as organizational and business models for development, production, and operation. Primary objective is to achieve significant cost reductions in the service.

Marco Fuchs, CEO of OHB AG, said: “This is the first time in the recent past that ESA has awarded such an important study on launch service concepts simultaneously to more than one competitor. The award of this prominent contract offers us an excellent opportunity for contributing our ideas in this area, which is of such prime future importance for Europe.”

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