OHB SE

EQS-News: SARah satellites successfully launched – New reconnaissance system of the German Armed Forces complete

Retrieved on: 
Monday, December 25, 2023

Bremen/Vandenberg, 24 December 2023 – The two reflector satellites of the SARah reconnaissance system were successfully launched today from Vandenberg Space Force Base in California, USA.

Key Points: 
  • Bremen/Vandenberg, 24 December 2023 – The two reflector satellites of the SARah reconnaissance system were successfully launched today from Vandenberg Space Force Base in California, USA.
  • This has kicked-off the so-called Launch and Early Orbit Phase (LEOP), during which the satellites will be booted up system by system and checked for functionality.
  • SARah is the successor mission to the SAR-Lupe system, which has been in service since 2007.
  • OHB System AG will also be responsible for operating the SARah satellites in cooperation with OHB Digital Connect GmbH and Airbus Defence and Space.

EQS-News: OHB SE: 9-month interim report 2023

Retrieved on: 
Thursday, December 14, 2023

The OHB Group (ISIN: DE0005936124, Prime Standard) generated total revenues of EUR 737.0 million in the first nine months, up 6 % on the previous year (EUR 694.5 million).

Key Points: 
  • The OHB Group (ISIN: DE0005936124, Prime Standard) generated total revenues of EUR 737.0 million in the first nine months, up 6 % on the previous year (EUR 694.5 million).
  • As of September 30, 2023, the OHB Group's total assets stood at EUR 1,107.6 million, up around 2 % from December 31, 2022 (EUR 1,080.7 million).
  • The additional acceptance period for KKR's voluntary public takeover offer for all outstanding shares in OHB SE ended on November 3, 2023.
  • The Management Board expects the OHB Group's consolidated total revenues to amount to EUR 1,176 million in 2023, with EBITDA and EBIT reaching EUR 109 million and EUR 70 million, respectively.

Satellite Market size to grow by USD 14.52 billion from 2023 to 2028; Accelerating demand for satellite navigation equipment to drive the growth- Technavio

Retrieved on: 
Tuesday, November 7, 2023

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The satellite market is expected to grow by USD 14.52 billion from 2023 to 2028.

Key Points: 
  • NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The satellite market is expected to grow by USD 14.52 billion from 2023 to 2028.
  • Accelerating demand for satellite navigation equipment is a key factor driving market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • The Military Satellite Payloads and Subsystems market size is estimated to grow at a CAGR of 7.97% between 2022 and 2027.

Satellite-based Earth Observation Market size to grow by USD 7.60 billion during 2023-2028| Use of satellites for advanced environment monitoring to drive the market growth- Technavio

Retrieved on: 
Tuesday, October 31, 2023

NEW YORK, Oct. 31, 2023 /PRNewswire/ -- The Satellite-based Earth Observation Market size is expected to increase by USD 7.60 billion, accelerating at a CAGR of over 10.67% during the forecast period.

Key Points: 
  • NEW YORK, Oct. 31, 2023 /PRNewswire/ -- The Satellite-based Earth Observation Market size is expected to increase by USD 7.60 billion, accelerating at a CAGR of over 10.67% during the forecast period.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • Satellite-based Earth Observation Market 2024 – 2028: Market Dynamics:
    Advancements in satellite sensors and constellations result in substantial daily earth observation data.
  • Some satellites alone produce over 4TB of imagery data daily, enhancing precision in monitoring various Earth activities.

EQS-News: OHB SE: Management Board and Supervisory Board of OHB SE recommend accepting the voluntary public takeover offer by KKR

Retrieved on: 
Monday, September 25, 2023

Management Board and Supervisory Board of OHB SE welcome strategic partnership with KKR and recommend shareholders to accept the takeover offer.

Key Points: 
  • Management Board and Supervisory Board of OHB SE welcome strategic partnership with KKR and recommend shareholders to accept the takeover offer.
  • The Management Board and the Supervisory Board of the German space and technology company OHB SE (“OHB”) today published a joint reasoned statement pursuant to Section 27 of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz, “WpÜG”) on the voluntary public takeover offer by Orchid Lux HoldCo S.à r.l.
  • In it, they conclude that the Bidder's takeover offer is in the best interest of OHB, its shareholders, employees and other stakeholders.
  • At the same time, my family retains permanent control as majority shareholder.”
    Robert Wethmar, chairman of the Supervisory Board of OHB, added: “After careful and thorough review, the Management Board and the Supervisory Board recommend accepting the offer.

Satellogic Reports First Half 2023 Financial Results and Provides Business Update

Retrieved on: 
Thursday, September 21, 2023

“As a result of slower than anticipated revenue growth, we undertook cost and spending control measures in 2023.

Key Points: 
  • “As a result of slower than anticipated revenue growth, we undertook cost and spending control measures in 2023.
  • We monitor a number of financial performance and liquidity measures on a regular basis in order to track the progress of our business.
  • We have included reconciliations of non-GAAP EBITDA and non-GAAP Adjusted EBITDA for the six months ended June 30, 2023 and 2022.
  • The Company did not incur amortization expense during the six months ended June 30, 2023 or 2022.

EQS-News: OHB SE: OHB strengthens capital base to implement corporate strategy, Fuchs family remains long term majority shareholder

Retrieved on: 
Monday, August 7, 2023

OHB SE: OHB strengthens capital base to implement corporate strategy, Fuchs family remains long term majority shareholder

Key Points: 
  • OHB SE: OHB strengthens capital base to implement corporate strategy, Fuchs family remains long term majority shareholder
    The issuer is solely responsible for the content of this announcement.
  • OHB strengthens capital base to implement corporate strategy, Fuchs family remains long term majority shareholder
    KKR plans voluntary public takeover offer for all outstanding shares of OHB at a price of EUR 44.00, the Fuchs family will not sell any shares
    Bremen, 7th August, 2023.
  • To this end, OHB has today signed, amongst others, an investment agreement with KKR and the Fuchs Family Foundation as the majority shareholder of OHB, as well as with investment vehicles controlled by the Fuchs family.
  • Marco Fuchs, CEO of OHB: “Strengthening OHB as an independent, European company and partner for governments and institutions strengthens European security and sovereignty in space.

Synthetic Aperture Radar Global Market Report 2022

Retrieved on: 
Thursday, January 5, 2023

DUBLIN, Jan. 5, 2023 /PRNewswire/ -- The "Synthetic Aperture Radar Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 5, 2023 /PRNewswire/ -- The "Synthetic Aperture Radar Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • This report provides strategists, marketers and senior management with the critical information they need to assess the global synthetic aperture radar market.
  • The synthetic aperture radar market consists of sales of synthetic aperture radar (SAR) systems services by entities (organization, sole traders, and partnerships) that produces fine-resolution images from a resolution-limited radar system.
  • The synthetic aperture radar market research report is one of a series of new reports that provides synthetic aperture radar market statistics, including synthetic aperture radar industry global market size, regional shares, competitors with a synthetic aperture radar market share, detailed synthetic aperture radar market segments, market trends and opportunities, and any further data you may need to thrive in the synthetic aperture radar industry.

Space Innovation for Earth with the SeRANIS Mission

Retrieved on: 
Tuesday, October 25, 2022

SeRANIS is a small satellite mission with 15 experiments to explore key future technologies in various fields, including future 6G mobile communication systems, laser communication and Internet of Things.

Key Points: 
  • SeRANIS is a small satellite mission with 15 experiments to explore key future technologies in various fields, including future 6G mobile communication systems, laser communication and Internet of Things.
  • With the goal to create a multi-functional experimental laboratory on one satellite, the SeRANIS mission is unique and substantially different from traditional CubeSat based research approaches.
  • The Triton-X Heavy platform prevailed in our call for tenders, said SeRANIS project leader, Prof. Dr. Andreas Knopp, Professor Space Research Center, Universitt der Bundeswehr Mnchen.
  • The SeRANIS mission has two aims: Paving the way for the Bundeswehrs access to new capabilities in Low Earth Orbit and offering an orbital lab for the German research community.

Global Satellite Manufacturing and Launch Systems Markets, 2022-2026 & 2031 - Increased Demand for Satellites from the Civil/Government, Commercial, and Military Sectors

Retrieved on: 
Wednesday, August 24, 2022

The main technology types in the satellite manufacturing and launch systems market are satellite manufacturing and satellite launch system.

Key Points: 
  • The main technology types in the satellite manufacturing and launch systems market are satellite manufacturing and satellite launch system.
  • The satellite manufacturing and launch systems market research report is one of a series of new reports that provides satellite manufacturing and launch systems market statistics, including satellite manufacturing and launch systems industry global market size, regional shares, competitors with a satellite manufacturing and launch systems market share, detailed satellite manufacturing and launch systems market segments, market trends and opportunities, and any further data you may need to thrive in the satellite manufacturing and launch systems industry.
  • The increased demand for satellites from the civil/government, commercial, and military sectors is significantly contributing to the growth of the satellite manufacturing and launch market.
  • Global Satellite Manufacturing And Launch Systems Market, Segmentation By Satellite Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
    6.3.