![With First Galileo Satellite Finally Shipped for Testing, OHB’s 2013 Outlook Improves]()
OHB AG shipped the first of its Galileo navigation satellites to a European center for preflight testing, a milestone that could permit two OHB-built Galileo spacecraft to be ready for launch by September.
![Galileo, Meteosat Drive Double-digit Growth at OHB]()
The German firm reports a 14 percent increase in revenue and earnings for 2012.
OHB AG on Feb. 15 reaffirmed its forecast that its 2013 revenue will increase by 13 percent over 2012
![OHB Reports Revenue Up 17 Percent on Galileo Satellite Work]()
OHB AG of Germany reported a 17 percent increase in revenue for the nine months ending Sept. 30 as its Galileo satellite navigation contract delivered the expected boost.
![Lengthy Ariane Standoff a Threat to European Space Program, OHB Says]()
NAPLES, Italy — Satellite and rocket-component builder OHB of Germany on Oct. 3 warned that mounting German frustration with France about the future of Europe’s Ariane launch vehicle could undermine Europe’s space program if it is not resolved.
![OHB Awarded Contract for Carbonsat Mission Study]()
PARIS — Germany’s OHB System will design a satellite to monitor global carbon dioxide and methane concentrations, the two most significant contributors to global warming, under a 20-month study with the European Space Agency (ESA) announced May 24.
![Germany’s OHB Reports Soaring Profits]()
PARIS — Satellite and rocket hardware builder OHB on May 16 reported a surge in profit on a modest revenue increase for the three months ending March 31, saying its current contract backlog should provide continued high profit for at least the next year.
![Galileo Win, Acquisitions Boost OHB Earnings to New Heights]()
PARIS — Satellite and rocket-component manufacturer OHB AG reported record revenue and profit in 2011, with acquisitions during the year and continued work on Europe’s Galileo satellite navigation constellation maintaining a momentum that the company said should carry through 2012.
![OHB To Build 8 More Galileo Satellites]()
PARIS — The European Commission has selected OHB AG of Germany over Astrium to build eight more Galileo positioning, navigation and timing satellites following a replay of a competition for the first 14 spacecraft that OHB won in 2009, according to industry officials.
![ESA Extends OHB Small-Geo Contract]()
PARIS — The European Space Agency (ESA) has extended its existing contract with OHB AG of Germany to develop a telecommunications satellite platform for commercial use to reduce the time and cost of the platform’s construction, Bremen-based OHB announced Sept. 29.
PARIS — Satellite and rocket-component builder OHB AG of Germany on Aug. 10 reiterated its forecast that revenue in 2011 would grow by 30 percent over 2010 on the strength of its Galileo satellite navigation and other space system contracts despite sluggish results from its MT Aerospace and Aerotech Peissenberg divisions.
![OHB Purchases SSC’s Space Systems Division]()
LE BOURGET, France — Fast-growing satellite and rocket hardware manufacturer OHB of Germany, which already has operations in Italy, Belgium and Luxembourg, has established a foothold in Sweden with the purchase of the Space Systems division of SSC, officials with the companies said.
![Fast-growing OHB Resumes Hiring Spree]()
PARIS — Satellite and rocket-component manufacturer OHB Technology of Germany has restarted its massive hiring program to meet the demands of its satellite contracts after a three-month pause, OHB officials said.
![Astrium, OHB Ink Deal for Data-relay System]()
Europe’s future data-relay satellite system to speed Earth observation imagery to users took a concrete step toward realization April 13 when system manager Astrium Services formalized an initial contract with satellite builder OHB Technology, Bremen, Germany-based OHB announced.
Satellite and rocket-hardware manufacturer OHB Technology on March 16 said revenue for 2010 increased by 41 percent, to 453.3 million euros ($598.3 million) and that 2011 revenue likely will increase by more than 30 percent to surpass 600 million euros.
