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OHB AG (FRA:OHB) OHB SE: MT Aerospace and ArianeGroup sign development contracts with ESA for enhanced Ariane 6 composite upper stage technologies

Directive transparence : information réglementée

14/05/2019 15:13

DGAP-News: OHB SE / Key word(s): Miscellaneous
OHB SE: MT Aerospace and ArianeGroup sign development contracts with ESA for enhanced Ariane 6 composite upper stage technologies

14.05.2019 / 15:13
The issuer is solely responsible for the content of this announcement.


- MT Aerospace and ArianeGroup are signing two contracts to demonstrate maturity of all enabling technologies for a new lightweight, cost-optimized, versatile Ariane 6 composite upper stage

- PHOEBUS is a project to validate technologies and concepts for an optimized upper stage on Ariane 6


Paris, May 14, 2019

The European Space Agency (ESA) today signed two contracts for technology maturation with MT Aerospace AG, a subsidiary of the listed OHB SE space and technology group and with ArianeGroup, lead contractor for Ariane 6.

MT Aerospace and ArianeGroup are combining their respective skills in Augsburg and Bremen to design and test the Prototype of a Highly OptimizEd Black Upper Stage (PHOEBUS). The continuous evolution of the Ariane 6 launcher in terms of greater competitiveness and improved performance requires the exploration and utilization of composite technologies.

PHOEBUS will increase the readiness level of the technologies for an improved upper stage with respect to cost/weight savings and stage performance improvements (payload capacity increase by around two metric tons for geostationary orbit). As from 2021 these technologies will be integrated into an upper stage demonstrator to prove system compatibility with fuels (liquid oxygen and hydrogen on a large scale), and to demonstrate filling and draining processes and integrity of the primary and secondary structures.

To demonstrate the maturity of all enabling technologies both companies are working closely together: ArianeGroup will focus on innovative stage architectures and system integration, while MT Aerospace's concentrates on materials and technologies for composite tanks and structures under cryogenic conditions. This will pave the way for a subsequent product development of the new upper stage for Ariane 6 evolution to be named Icarus (Innovative Carbon Ariane Upper Stage). Decisions regarding further funding of this carbon- fiber reinforced plastic (CFRP) upper stage will be taken at Space19+, the ESA Ministerial Council at the end of this year.

 

Contact:
Investor Relations
Martina Lilienthal
Tel.: +49 421 - 2020-720
Fax: +49 421 - 2020-613
E-Mail: martina.lilienthal@ohb.de


Corporate Communications
Günther Hörbst
Tel.: +49 421 - 2020-9438
E-Mail: guenther.hoerbst@ohb.de


14.05.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: OHB SE
Manfred-Fuchs-Platz 2-4
28359 Bremen
Germany
Phone: +49 (0)421 2020 8
Fax: +49 (0)421 2020 613
E-mail: ir@ohb.de
Internet: www.ohb.de
ISIN: DE0005936124
WKN: 593612
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 811033

 
End of News DGAP News Service

811033  14.05.2019 

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