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OHB wins EUR 248 million contract for satellite constellation to monitor the Arctic

“New Space” approach secures construction of 20 satellites for the EPS Sterna mission – the largest satellite contract to date for the Swedish space sector. Fast, precise, cost efficient: OHB Sweden, a subsidiary of the space technology group OHB, has won a major contract worth EUR 248 million for the development and construction of 20 small satellites. They will form the new European satellite constellation “EUMETSAT Polar System-Sterna,” or EPS Sterna for short. The foundation for this is the Arctic Weather Satellite (AWS), which OHB Sweden successfully placed in orbit as a demonstrator more than a year ago. The OHB SE subsidiary developed the small satellite on behalf of the European Space Agency ESA in record time, using a deliberately chosen New Space approach. Only three years passed between contract award and launch. For the first time, the Swedish space company will now build a large constellation.

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OHB consolidated financial statements 2025

The OHB Group (ISIN: DE0005936124, Prime Standard) continues its profitable growth in fiscal year 2025. Total revenues for the reporting year amounted to EUR 1,247.6 compared to EUR 1,030.2 million in the previous year.

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OHB SE is One of the Three Leading European Aerospace Companies

Corporate

SPACE SYSTEMS

This business segment’s activities encompass satellites, manned spaceflight, exploration and security/reconnaissance technologies. Another focus is developing and implementing payloads, scientific equipment and devices for aeronautics/aerospace, research institutes and industry. Thus, OHB System AG develops, builds, launches and operates low-orbiting and geostationary small satellites for scientific applications, communications and terrestrial observation.

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AEROSPACE

This business segment places emphasis on the manufacturing of products for aviation and space travel. In this regard, OHB has positioned itself as a significant equipment provider for aerospace structures for aviation and space travel and, amongst others, is Germany's largest supplier to the Ariane 5 programme and an established manufacturer of sensitive components made of highly heat resistant nickel based alloys and titanium for aircraft engines.

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DIGITAL

The OHB DIGITAL business segment leverages direct space capabilities and ensures the transfer of technology to selected industries.

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