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Contract signed by OHB and HISPASAT for the construction and testing of the Small Geo satellite "Hispasat AG1"

(PresseBox) (Bremen, ) The Spanish communications service provider and satellite operator Hispasat S.A. and OHB-System AG, a subsidiary of the European space and technology group OHB Technology AG (Prime Standard, ISIN: DE0005936124), have today signed a contract for the construction and testing of the satellite for the first Small GEO mission at the Paris Air Show, which is currently taking place.

With a volume of around EUR 48 million, the contract assigns OHB the status of principal contractor for the entire satellite. Accordingly, it will be responsible for developing the payload, integrating the satellite, performing the in-orbit testing and putting the satellite into operation. As well as this, it will be providing real-time support throughout the satellite's entire life cycle of 15 years.

The contract with Hispasat complements the contract for the first Small GEO mission, which follows on from the contract which the European Space Agency ESA and OHB signed in November 2008 for the development, construction and testing of the satellite platform as part of the ARTES 11 program. Known as "Hispasat Advanced Generation 1", the first Small Geo mission is scheduled for launching at the end of 2012.

The payload for "Hispasat AG1" is to be supplied by Tesat-Spacecom. The new LUXOR satellite platform is being developed by a European industrial team lead-managed by OHB-System AG. The industrial team comprises the Swedish Space Corporation, Oerlikon Space AG (Switzerland), and LUXSPACE Sàrl (Luxembourg). Contracts with the program partners have already been signed.

Hispasat AG1 will be placed in a geostationary orbit at an altitude of 36,000 kilometers, where it will supply Spain, Portugal, the Canary Islands and America with multimedia services. Hispasat will be integrating Hispasat AG1 in its existing fleet of geostationary communications satellites.

Hispasat AG1 as the first Small GEO Mission marks the first time in more than 25 years that Germany has assumed system management for telecommunications satellites.