DGAP-News: OHB AG: MT Aerospace Satellite Products to supply 81 propellant tanks for Iridium NEXT Satellite Program
(firmenpresse) - DGAP-News: OHB AG / Key word(s): Contract
OHB AG: MT Aerospace Satellite Products to supply 81 propellant tanks
for Iridium NEXT Satellite Program
23.06.2011 / 10:00
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MT Aerospace Satellite Products to supply 81 propellant tanks for Iridium
NEXT Satellite Program
Augsburg/Paris, 23 June 2011 - MT Aerospace Satellite Products has been
awarded a contract by Thales Alenia Space for the manufacture of 81
propellant tanks for the Iridium NEXT satellite program. The
Wolverhampton/England-based subsidiary of German aerospace supplier MT
Aerospace will be delivering high performance titanium diaphragm tanks for
the next-generation constellation of satellites, anticipated to begin
launching in 2015. This is the largest contract in the company's history,
safeguarding workload for the next three years. Furthermore, the contract
marks a significant breakthrough for MT Aerospace Satellite Products into
the commercial constellation market.
'We are very pleased to have won this major contract, in a very significant
international competition, and are fully committed to supporting Thales
Alenia Space and Iridium in the success of the Iridium NEXT constellation,'
says Michael Dandy, Managing Director of MT Aerospace Satellite Products.
'We already have a long history of delivering propellant tanks for the
commercial telecoms market. By entering the commercial constellation
market, we will now be serving two different and important sectors with our
commercial products. This will enable us to offer even more competitive
products to our customers in the long term.'
Iridium is the only mobile voice and data satellite communications network
that spans the entire globe, enabling connections between people,
organizations and assets to and from anywhere, in real time. Iridium NEXT
is the most significant commercial space program underway today, and will
replace the current constellation to deliver enhanced capabilities the new
customers, as well as provide backward-compatible services for existing
customers. As prime contractor for Iridium NEXT, Thales Alenia Space is
responsible for managing engineering development, systems integration and
manufacture of the space segment comprising 66 operational Iridium
satellites, six in-orbit spare satellites and nine ground spare satellites.
With MT Aerospace Satellite Products, Thales Alenia Space chose an
experienced supplier that has a more than 20 year history of providing
titanium diaphragm tanks with 100% reliability on orbit.
'The selection of MT Aerospace Satellite product is part of a competitive
process to identify the most efficient partners meeting the challenging
requirements for the production of a large constellation such as Iridium
NEXT,' said Philippe Aucher, Iridium NEXT project Manager for Thales Alenia
Space. 'We are happy to include MT Aerospace Satellite Products as fully
part of our team.'
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MT Aerospace AG, Augsburg, a subsidiary of the European aerospace and
technology group OHB AG (ISIN: DE0005936124, Prime Standard), manufactures
components and subsystems for the aviation and aerospace industry and is a
system supplier for antennas and mechatronics. Approximately 570 employees
produced a turnover of 128 million Euros in the financial year 2010. MT
Aerospace produces 10% of the ARIANE 5 launcher making it the programme'slargest German supplier.
Contact:
Investor Relations
Michael Vér
Tel.: +49 421 - 2020-727
Fax: +49 421 - 2020-613
E-Mail: michael.ver(at)ohb.de
Corporate Communications
Steffen Leuthold
Tel.: +49 421 - 2020-620
Fax: +49 421 - 2020-9898
E-Mail: steffen.leuthold(at)ohb.de
End of Corporate News
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Language: English
Company: OHB AG
Karl-Ferdinand-Braun-Str. 8
28359 Bremen
Deutschland
Phone: +49 (0)421 2020 8
Fax: +49 (0)421 2020 613
E-mail: ir(at)ohb.de
Internet: www.ohb.de
ISIN: DE0005936124
WKN: 593612
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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129531 23.06.2011
Datum: 23.06.2011 - 10:00 Uhr
Sprache: Deutsch
News-ID 34455
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
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