Satellite, rocket hardware builder OHB: Double-digit growth in revenue, profit, backlog; optimistic about ESA ministerial

by Peter B. de Selding

LA PLATA, Maryland — Space hardware and services provider OHB SE of Germany reported double-digit increases in revenue, profit and order backlog for the nine months ending Sept. 30 and said it sees increased government spending in Europe coming from every direction.

The company is investing in a new satellite production facility for its OHB Sweden subsidiary and a new electronics-component facility in Germany to capture expected German government demand for sovereign national supply chains.

It is also standing up a European Spaceport . . .

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