Press Release

Visioboxx tracking unit: OHB to supply 5,000 units to Egypt

 

Bremen, 12. April 2018. OHB Logistic Solutions GmbH, a subsidiary of the Bremen-based aerospace and technology group OHB SE, has signed a contract with the Egyptian government for the delivery of 5,000 Visioboxx tracking system units. In addition, the parties have agreed to set up separate production in Egypt. This means that Egypt will be manufacturing the Visioboxx itself under license in the future. The tracking system is to help various Egyptian government organizations make their transport logistics more transparent, efficient and safer. The contract has a total value of around EUR 3 million.

Visioboxx - result of 25 years experience in telematics

“For us, this business is a great opportunity to open up new markets, especially in developing countries and emerging markets. The planned local production will offer us further advantages in this connection,” says Jens Kuckertz, Managing Director of OHB Logistic Solutions GmbH. “I am delighted that OHB’s experience in the field of telematics over more than 25 years has culminated in this agreement,” says Marco Fuchs, Chief Executive Officer of OHB SE.

Visioboxx-sensor connects cargounit with interior

The Visioboxx is a 600-gram device for the worldwide monitoring of transport containers. It is attached to the container magnetically. The tracking unit is connected via a cable to a sensor inside the container, which records all relevant data. “As a subsidiary of one of the leading space companies in Europe, we have been developing telematics systems for the automotive and logistics industry for 25 years. Visioboxx incorporates the substantial experience gained from these activities”, says Jens Kuckertz.

About OHB SE

Headquartered in Bremen, Germany, OHB SE is the first listed space and technology company in Germany. With decades of experience in high technology together with its integrated skills in the areas of space technology and telematics, the Group is ideally positioned as one of the leading independent forces in the European space and high-tech industry. OHB currently employs around 2,500 people worldwide, generating total revenues of some EUR 860 million in 2017.

www.ohb.de

 

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E-Mail: guenther.hoerbst@ohb.de

 

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