Put companies on watchlist
OHB SE
ISIN: DE0005936124
WKN: 593612
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

OHB SE · ISIN: DE0005936124 · EQS - Company News (32 News)
Country: Germany · Primary market: Germany · EQS NID: 1815079
15 January 2024 01:09PM

OHB System AG has been awarded a contract for the development phase of the Copernicus Sentinel-2 Next Generation


EQS-News: OHB SE / Key word(s): Incoming Orders/Contract
EU Earth observation: OHB System AG has been awarded a contract for the development phase of the Copernicus Sentinel-2 Next Generation

15.01.2024 / 13:09 CET/CEST
The issuer is solely responsible for the content of this announcement.


European Space Agency ESA relies on OHB's high level of expertise in the development of Earth observation satellites

Bremen, 15 January 2023 – The view from space is crucial for observing our blue planet even more closely to obtain more precise data for tackling climate change as well as for monitoring and mapping the Earth's surface. Therefore, work is already underway to develop the next generation of Sentinel-2 satellites for the European Earth observation programme Copernicus. The OHB System AG, a subsidiary of the space and technology group OHB SE, has been contracted by the European Space Agency (ESA) for the mission and system definition of the Next Generation Sentinel-2 mission, and to prepare the following implementation phase. Two parallel contracts of a volume of six million euros each and a nominal duration of 2.5 years have been awarded by ESA for this so-called definition phase.

The two current Sentinel-2 satellites, in orbit since 2015 and 2017, are already providing valuable services for farming and forestry as well as climate and disaster protection. Their high-resolution, multispectral images in the optical and near-infrared range between 443 and 2190 nanometres observe the condition of soils and plants. With its 13 channels, the multispectral instrument offers a resolution of up to 10 metres and a wide swath width of 290 kilometres. Sentinel-2 can take an image of an area every five days and is also able to monitor inland and coastal waters.

“We will enhance this performance significantly. With the next generation, it will be possible to revisit each site every three days with a considerably improved image resolution of up to 5 metres and an even greater spectral accuracy. This will enable farmers, for instance, to plan the cultivation of their fields even better, which will contribute to increased food security,” says Dr Stephan Holsten, Head of the Earth Observation Mission & Applications Department at OHB´s Predevelopment.

To achieve these goals, OHB and its partners will continue to develop cutting-edge technologies such as highly stable ceramics and free-form optics so that the instruments can withstand the varying temperatures and vibrations in space and deliver results with an improved precision even under harsh environmental conditions. “This will be an incredible technological leap forward in every respect and we are honoured that ESA is once again relying on our expertise and high level of skills in developing Earth observation satellites," says Holsten.

As the prime contractor for Sentinel-2 Next Generation Phase A/B study, OHB System AG is responsible for developing the design of the mission, platform, and instrument in collaboration with the following partners: ACRI-ST, EREMS, GMV, Politecnico di Torino, SENER, SysDICE, AMOS (Consultant), CSL (Consultant), SCHUNK (Consultant).
 

Contact:
Media representatives:
Sabine von der Recke
Member of the Management Board
Phone: +49 421 2020 9823
Email: sabine.recke@ohb.de


Investors and analysts:
Marcel Dietz
Investor Relations
Phone: +49 421 2020 6426
Email: ir@ohb.de


15.01.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: OHB SE
Manfred-Fuchs-Platz 2-4
28359 Bremen
Germany
Phone: +49 421 2020 8
E-mail: info@ohb.de
Internet: www.ohb.de
ISIN: DE0005936124
WKN: 593612
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1815079

 
End of News EQS News Service

1815079  15.01.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1815079&application_name=news&site_id=boersengefluester_html
Visual performance / price development - OHB SE
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2025
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.