OHB SE
OHB SE is one of Europe's leading aerospace companies, with its core success driven by its German subsidiary OHB System AG, which specializes in satellite development and space missions.
Company Overview of OHB SE
OHB SE is one of the top three space technology and aerospace companies in Europe. This German company, based in Bremen, operates through various subsidiaries, playing significant roles in both national and international space missions. OHB SE focuses on satellite construction, space technology, and related services, contributing significantly to the advancement of space exploration and technology.
Satellite Development by OHB System AG
OHB System AG, a core subsidiary of OHB SE, specializes in the development and construction of satellites. Since January 2010, OHB System AG has been tasked with developing 14 satellites for the European navigation system Galileo. The company has also secured a contract for the next generation of Sentinel-2 satellites for the Copernicus constellation. Moreover, OHB System AG is responsible for the Galileo-FOC satellites and the SARah reconnaissance system. Notably, they have developed the CO2M satellites for measuring carbon dioxide emissions, aiding the goals of the Paris Climate Agreement.
MT Aerospace AG in the Aerospace Sector
MT Aerospace AG, another subsidiary under OHB SE, plays a pivotal role in the Aerospace segment. Headquartered in Augsburg, MT Aerospace AG is Germany's largest supplier for the European Ariane 5 program. The company specializes in developing high-performance components and systems for space and defense industries. Their contributions are critical in ensuring the efficiency and success of space launch vehicles.
OHB Digital Connect's Innovations
OHB Digital Connect GmbH is a leading provider of end-to-end solutions in the field of satellite ground systems and operations. Recently, they have focused on developing sensors to monitor urban heat islands, expanding their Urban Analytics portfolio. They collaboratively work on the 'Urban Feature Monitoring with Artificial Intelligence' project with Bremen's State Office for Geoinformation. Additionally, OHB Digital Connect coordinates the Baltic GTIF project, integrating Earth observation data with advanced cloud-computing technologies to support the green transformation.
OHB SE Financial Performance
In the first quarter of 2024, OHB SE reported a total performance of EUR 206.7 million, marking a 2% increase compared to the previous year. This financial growth underscores the company's ongoing success and stability within the competitive aerospace market. OHB SE continues to make substantial progress by securing orders for the IRIDE constellation and preparing for the next generation of Sentinel-2 satellites, highlighting their robust market presence and financial health.