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OHB expects a 300 million dollar order from the USA

2021-10-13T11:15:15.785Z


According to its own information, the satellite manufacturer OHB is about to enter the US market in the commercial space business. Final negotiations are in progress with the US company SpaceLink Corporation on the delivery of four telecommunications satellites with an expected order volume of over 300 million US dollars (around 260 million euros), as the OHB Group announced in Bremen on Wednesday. hoc announcement.


According to its own information, the satellite manufacturer OHB is about to enter the US market in the commercial space business.

Final negotiations are in progress with the US company SpaceLink Corporation on the delivery of four telecommunications satellites with an expected order volume of over 300 million US dollars (around 260 million euros), as the OHB Group announced in Bremen on Wednesday. hoc announcement.

Bremen - OHB also intends to invest around 25 million US dollars in the SpaceLink Corporation.

At OHB, the deal is also seen as an entry into the US market for commercial clients and as a possible door opener for institutional customers.

The wholly owned OHB subsidiary OHB System AG plans to sign an agreement next week that creates the legal basis for the satellite business.

This relates to the delivery, launch and operation of the satellites.

These are to be equipped with six laser relays each in order to handle large volumes of data from space as an alternative to ground stations.

dpa

Source: merkur

All news articles on 2021-10-13

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