OHB Italia Signs a EUR 168.2 Million Contract with Luxembourg for the Development of an Earth Observation Satellite

Representatives of OHB Italia SpA, a subsidiary of the Bremen-based space and technology group OHB SE (Prime Standard, ISIN DE0005936124), signed a contract today with the Luxembourg government—Ministry of Foreign and European Affairs, Directorate of Defense—worth EUR 168.2 million. Under this contract, OHB Italia will develop a high-resolution optical satellite.