PTA-Adhoc: OHB SE: According to press articles, negative award decision for second generation of Galileo satellites for OHB

Tuesday, 19. January 2021 18:50

Public disclosure of inside information according to article 17 MAR

Bremen (pta029/19.01.2021/18:50) - Bremen, January 19, 2021 - According to press articles today, the bid submitted by OHB System AG (a subsidiary of Bremen-based space technology group OHB SE, Prime Standard; ISIN: DE0005936124) for the second-generation satellites in the Galileo program has not been selected by the relevant bodies (European Space Agency ESA and the European Commission). OHB has not received a corresponding award decision; according to media reports, a decision will not be made until the end of January.

OHB System AG had contracts for the delivery of a total of 34 first-generation satellites in the Galileo program, 22 of which are already part of the current constellation, the remaining 12 satellites are at different stages of production and testing. This order is not affected by this.


emitter: OHB SE
address: Manfred-Fuchs-Platz 2-4, 28359 Bremen
country: Germany
contact person: Martina Lilienthal, Investor Relations Manager
phone: +49 421-2020 7200

ISIN(s): DE0005936124 (share)
stock exchanges: regulated market in Frankfurt; free market in Stuttgart, free market in Munich, free market in Hamburg, free market in Dusseldorf; open market in Berlin, Tradegate

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Related Links: OHB SE