OHB and ESA Signing Contract for the Development, Construction and Testing of the Satellite Platform for the First Small Geo Mission
The European Space Agency ESA and OHB-System AG, a subsidiary of the European space travel and technology group OHB Technology AG (Prime Standard, ISIN: DE0005936124), have today signed a contract for the construction and testing of the satellite platform LUXOR for the first SMALL GEO Mission. The contract has a volume of around EUR 115 million.
The new satellite platform LUXOR is being developed by a European industrial team under the lead management of OHB-System AG. The industrial team comprises the Swedish Space Corporation, Oerlikon Space AG (Switzerland), and LUXSPACE Sàrl (Luxembourg).
The first SMALL GEO Mission based on the new satellite platform will be launched as “Hispasat Advanced Generation 1“ with a payload used by the Spanish satellite operator Hispasat. Following the signature of today, OHB-System and Hispasat will sign among them the contract in the next few weeks. OHB-System will be satellite payload prime in the programme; Tesat Spacecom will be the subcontractor for the payload. Hispasat AG1 is scheduled for launching in 2012.
Hispasat AG1 will be placed in a geostationary orbit at an altitude of 36,000 kilometers, where it will supply Spain, Portugal, the Canary Island and South America with multimedia services. Hispasat will be integrating the Hispasat AG1 satellite in its existing fleet of geostationary communications satellites.
Hispasat AG1 as the first Small GEO Mission marks the first time in more than 25 years that Germany has assumed system management role in telecommunications satellites.