SPECTRUM ASTRO and OHB-System form alliance for international space and missile defense programs

GILBERT, ARIZONA and BREMEN, GERMANY - 9 June 2003 - Spectrum Astro and OHB-System announced today that they signed an Agreement To Cooperate (ATC) to support international space programs and opportunities, specifically in the area of missile defense.

Through this agreement, two of the world’s most innovative and cost-effective aerospace and missile defense companies are forming a business alliance that will provide an effective and productive midtier alternative to the larger international aerospace alliances.

“We believe this alliance will enable innovative and transformational solutions on international space programs by advancing state-of-the-art products and services to our customers,” said W. David Thompson, Spectrum Astro President and CEO. “OHB’s legacy of success mirrors Spectrum Astro in providing on-time, on-cost performance and positions us for the emerging global space and missile defense business environments.”

“This transatlantic alliance between Spectrum Astro and OHB-System opens for our medium sized companies an unprecedented opportunity for international cooperation and expansion. Our joint effectiveness will add innovative aspects to future space and missile defense programs,” stated Prof. Manfred Fuchs, OHB-System President and CEO.

Since it’s founding in 1988, Spectrum Astro has had a very successful history of performance in the manufacture and systems integration of a number of space and missile defense programs. The company is the principal contractor for the Near Field Infrared Experiment (NFIRE) for the Missile Defense Agency (MDA). Spectrum Astro is also providing system engineering and spacecraft bus development for the MDA’s Space Tracking and Surveillance System (STSS).

In January 2003, the company launched Coriolis, a complex, fully redundant satellite for the Department of Defense (DoD) Space Test Program and Space and Naval Warfare Systems Command. Coriolis was the seventh unique, high-performance satellite designed and manufactured by Spectrum Astro. All seven missions have successfully operated on-orbit. The company is currently performing on four all-new space missions including the Swift and Gamma-ray Large Area Space Telescope (GLAST) missions for NASA; the Communication/Navigation Outage Forecasting System (C/NOFS) for the DoD’s Space Test Program; and NFIRE.

OHB-System is one of Europe’s most progressive and innovative aerospace companies. Since 1985, OHB has participated in a number of key German and European satellite programs, including the German Ministry of Defense’s SAR Lupe Program. OHB-System has completed the SAR-Lupe Program’s critical design review and is now producing a five-satellite synthetic aperture radar constellation.

OHB-System AG is a medium-sized very prosperous space systems company belonging to the European OHB Technology AG group, which is largely privately held. It employs more than 300 employees in the areas of space technology and security, telematics and satellite services. OHB-System AG specializes in space and security applications. The company’s headquarters at the Bremen Technology Park are home to highly qualified scientists and engineers working on numerous national and international projects related to small satellites, manned space flight as well as security and reconnaissance technologies. The experience and knowledge gained from numerous projects enables OHB-System for the responsibility over large and complex civil, commercial and defense space programs like SAR-Lupe. For more information, visit www.ohb-technology.de and/or www.ohb-system.de.

Spectrum Astro is a privately held, rapidly growing high technology company, specializing in the design, development, integration, test, and production of high performance satellites and space-based satellite systems and subsystems for sophisticated defense, science, and commercial opportunities. The company is headquartered in Gilbert, Arizona and maintains additional offices in Los Angeles CA, Pasadena CA, Tucson AZ, Colorado Springs CO, Herndon VA, and Washington D.C. For more information, visit www.spectrumastro.com.

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Günther Hörbst
Head of Corporate Communications

Manfred-Fuchs-Platz 2-4
28359 Bremen

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