Ad-hoc | 7 January 2010 12:57
OHB Technology AG / Miscellaneous
07.01.2010
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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OHB selected for the construction of 14 Galileo navigation satellites
Bremen, January 7, 2010. Antonio Tajani, Vice-President of the European
Commission in charge of Transport, today announced that the consortium led
by OHB-System AG, a subsidiary of OHB Technology AG, and Surrey Satellite
Technology Ltd. (SSTL) has been selected for building and testing 14
satellites for the Galileo satellite navigation system, under a programme
of and funded by the European Union. This selection is a major milestone
for the European Commission, assisted by the European Space Agency, who
initiated the tendering process for these satellites in September 2008.
As a result of this decision, OHB-System will be the prime contractor for
the fabrication of the 14 satellites including full responsibility for
developing the satellite bus and integration of the satellites. SSTL will
build and integrate the navigation payloads and support OHB with the final
integration. The 14 satellites will be assembled in Bremen.
Contact for investors and nalysts: Contact for media representatives:
Michael Vér Steffen Leuthold
Investor Relations Corporate Communications
Phone: +49 421 - 2020-727 Phone: +49 421 - 2020-620
Fax: +49 421 - 2020-613 Fax: +49 421 - 2020-9898
E-Mail: ver@ohb-technology.de E-Mail: leuthold@ohb-system.de
www.ohb-technology.de www.ohb-system.de
07.01.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: OHB Technology AG
Karl-Ferdinand-Braun-Str. 8
28359 Bremen
Deutschland
Phone: +49 (0)421 2020 8
Fax: +49 (0)421 2020 613
E-mail: ir@ohb-technology.de
Internet: www.ohb-technology.de
ISIN: DE0005936124
WKN: 593612
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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