Nordwijk, January 26, 2010. The Director of the Galileo Programme and Navigation related activities, Mr René Oosterlinck, and the CEO of OHB-System AG (a subsidiary of OHB Technology AG), Berry Smutny, have today signed the contract for the development and construction of 14 Galileo satellites. These signatures implement the decision made by the European Commission two weeks ago to nominate OHB-System as prime contractor for the 1st 14 satellites.

With a total volume of around EUR 566 million, the contract assigns to OHB-System the function of prime contractor for 14 satellites. OHB will also be responsible to develop and assemble the satellite bus. Under the terms of a subcontract, UK based company Surrey Satellite Technology Ltd. (SSTL) will be developing and building the navigation payload and additionally supporting OHB in the final assembly of the satellites. The 14 satellites will be integrated in Bremen, with the first two scheduled for launch in late 2012.