DGAP-Adhoc: OHB SE: OHB System AG proposal for PLATO project selected by ESA

Bremen, April 25 2018 OHB System AG, a subsidiary of Bremen-based space and technology group OHB SE (Prime Standand, ISIN DE0005936124) was selected today as prime contractor for the science mission PLATO by the European Space Agency ESA. The contract value will most likely amount to EUR 297 million. The negotiations are expected to start in June.

PLATO (PLAnetary Transits and Oscillations of Stars) is a mid-sized research mission to be launched in 2026 for exploring exoplanetary systems. Through a satellite-based observatory, planets within the orbits of other solar systems should be searched for and should be explored. During the development and the production of the PLATO satellite, OHB System will have access to the contribution of a core team consisting of Thales Alenia Space (France and UK) and RUAG Space Switzerland.