OHB

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OHB SE

logo
legal form Societas Europaea
ISIN DE0005936124
founding 1958 (origin)
1985 (active in space travel)
Seat Bremen , GermanyGermanyGermany 
management
Number of employees 2769 (end of 2018)
sales 976 million euros (2018)
Branch Aerospace Engineering
Website www.ohb.de
As of December 31, 2018

OHB building 1

The OHB SE , headquartered in Bremen is a listed technology group with activities in the aerospace sector. The company's business areas are Telematics & Satellite , Space & Security , Payloads & Science, International Space, and Space Transportation & Aerospace Structures. The founders and main owners were Manfred Fuchs and his wife Christa.

history

At the beginning of 1982 Christa Fuchs took over the small company Otto Hydraulik Bremen GmbH , or OHB for short. The company from Hemelingen , founded in 1958, had five employees at the time and was engaged in the construction and repair of electrical and hydraulic ship systems for the German armed forces . Together with MBB-ERNO as a project leader and the shipyard Sarstedt won OHB in 1984 the contract for the construction of the type ship MPOSS ( English Multi-Purpose Oil Skimming System ).

Manfred Fuchs, who was director of space travel at MBB-ERNO at the time, had the idea of ​​entering the space travel business with OHB. In 1985 OHB started the first space project. For the Spacelab space laboratory , OHB developed a centrifuge suitable for space travel for the analysis of blood and urine samples. In the same year Manfred Fuchs joined his wife's company. The first order was the MIKROBA (microgravity with balloon) project, a project funded by the Federal Ministry of Research and the DFVLR , which included experiments in free fall. Another project in the beginning was u. a. COSIMA, a plant for the production of protein crystals, which flew into space on the Chinese launch vehicle Langer Marsch 2 in 1988 .

With the growing number of employees, the rooms at Hemelinger Hafendamm became too small. OHB built a new headquarters near the University of Bremen at Universitätsallee 27, which opened in October 1988. Manfred Fuchs' vision was to develop smaller and therefore cheaper satellites, which was also a reason for the renaming of the company to Orbital- und Hydrotechnologie Bremen-System GmbH in 1991. Together with the Center for Applied Space Technology and Microgravity (ZARM) at the University of Bremen, OHB developed BremSat, one of the first German small satellites. On February 3, 1994, he took off into orbit aboard the Discovery .

Another milestone was the SAFIR (Satellite for Information Relay) satellite series for position determination and object tracking, which also marked OHB's entry into the telecommunications market. For this purpose, OHB Teledata GmbH was founded in 1993, specializing in telematics systems. In 1993, the COLUMBUS integration hall was built on the OHB site for the construction and integration of the satellites. Other major projects in which OHB was involved over the next few years included a. Envisat , CHAMP and GRACE . With the acquisition of further major projects such as ABRIXAS and the growing number of employees to 170, the company headquarters soon became too small. In 1995, the new headquarters at Universitätsallee 29 was inaugurated in the immediate vicinity of the existing buildings. In 2001 another building was built on Karl-Ferdinand-Braun-Strasse and a modern clean room hall.

Former logo of OHB Technology AG

OHB began to orientate itself internationally as early as 1995. In 2009, for example, the company took a stake in the Italian space company Carlo Gavazzi Space from Milan (founded in 1981) and founded the joint venture COSMOS International with the Russian company AKO Polyot , which offers launch services for satellites ( Kosmos launcher). In 1998 Orbcomm Germany was founded. OHB has been operating under the name Orbitale Hochtechnologie Bremen-System GmbH since 2000 . In 2001, OHB-System GmbH and OHB Teledata were converted into a stock corporation (AG). In 2002, OHB-System and OHB Teledata were merged to form OHB Technology AG. In the next few years, further company investments and the founding of various subsidiaries followed. Among other things, the MAN subsidiary MAN Technologie AG (now MT Aerospace ) was acquired in 2005 . In 2008 the attempt to take over the three German Airbus plants in Nordenham , Varel and Augsburg failed . According to a report by Manager Magazin, the creation of a new listed aviation company was planned. Under the leadership of OHB, a company with 6,700 employees and sales of around one billion euros was to be created.

OHB then took over the lead in the development of the major SAR-Lupe project , a satellite reconnaissance system commissioned by the German Armed Forces, and developed the modular small satellite system Small GEO. In addition, the company was the supplier for the international space station (ISS) and for the European station module Columbus . Other major projects in the following years are the communications satellite Hispasat and the weather satellite Meteosat .

In January 2010, the company received an order to build 14 satellites for the Galileo system. The order is worth 566 million euros. A year later, Berry Smutny, CEO of OHB-System AG, was fired after WikiLeaks published details of a conversation Smutny had with American embassy staff. Smutny is said to have called Galileo a "stupid idea" with which European taxpayers' money is wasted.

In March 2011, the Annual General Meeting decided to change the name of OHB Technology AG to OHB AG . The Telematics, Space & Security, Satellite Services, and Science and Payloads departments have been merged into the two divisions Space Systems and Aerospace + Industrial Products.

On September 1, 2014, Bremen-based OHB System AG and Munich-based Kayser-Threde GmbH merged to form OHB System AG with locations in Bremen and Munich.

Since March 26, 2015, OHB has been entered in the commercial register as a European stock corporation (Societas Europaea).

share

On March 13, 2001, OHB Teledata went public on the Neuer Markt of the German stock exchange . No-par value bearer shares were issued at a price of EUR 10.50. The company is one of the few remaining companies in the New Market, which was established in 1997 and closed again in 2003 . The share reached its all-time low on September 20, 2001 at EUR 2.33. For the 2015 to 2017 financial years, the shareholders were paid a dividend of 0.40 euros per share. The majority shareholder is the Fuchs family with around 70%, the free float is around 30%. On January 9, 2018, the share price reached an all-time high of EUR 49.70.

Company structure and products

Departments of OHB SE

The business areas of satellites (Galileo, SmallGEO etc.), manned spaceflight, exploration, security and reconnaissance (SAR-Lupe, ARDS) and industrial applications are combined under the umbrella of Space Systems . The second division, Aerospace + Industrial Products, covers the topics of space products, aerospace products, antennas & products and telematics.

Shareholdings and subsidiaries of the Fuchs Group

Space Systems

  • OHB System AG, Bremen (100%)
  • Kayser-Threde GmbH, Munich (100%, 2007)
  • OHB Italia SpA, Milan (100%; stake in 1995, purchase in 2009, operated under the name CGS SpA Compagnia Generale per lo Spazio until December 2016 )
  • Luxspace Sàrl, Luxembourg (100%)
  • Antwerp Space NV, Antwerp (100%)
  • OHB Sweden AB (100%)

Aerospace + Industrial Products

  • MT Aerospace , Augsburg (70%, 2005)
  • OHB Teledata GmbH, Bremen (100%, 1993)
  • OHB Digital Services GmbH (until 2017 megatel GmbH), Bremen (74.9%, 2001)
  • Telematic Solutions SpA, Milan (100%, 2001)

Projects

OHB satellite

SAR-Lupe , the communications satellite platform SmallGEO and 22 satellites of the European Galileo navigation system are among OHB's largest projects . Other projects and investments are or were:

Endowed professorship

In July 2012, the University of Bremen established the Christa and Manfred Fuchs Endowed Professorship for Space Technology / System Enabling Technologies , which is named after the two founders of OHB AG. The sponsored professorship is designed for a period of ten years. Half of the costs are borne by OHB AG and the Stifterverband für die Deutsche Wissenschaft . The establishment of this professorship was controversial because of the civil clause of the University of Bremen, which prohibits participation in military projects. OHB AG pointed out that its share of military projects would be less than 5%. Therefore, it does not see itself as an arms company.

literature

Web links

Commons : OHB  - collection of images, videos and audio files

Individual evidence

  1. a b Annual Report 2018 (PDF) Accessed September 11, 2019 .
  2. Mposs. Picture and tech. Data. Bugsier-, Reederei- und Bergungsgesellschaft , archived from the original on January 6, 2019 ; accessed on January 6, 2019 .
  3. Markus Horntrich: OHB Technology buys Carlo Gavazzi Space. In: deraktionaer.de. The shareholder, August 11, 2009, accessed on December 12, 2016 .
  4. ^ OHB - Formal takeover of MT Aerospace AG
  5. ^ Sale of three Airbus plants to Bremer OHB failed. , Der Tagesspiegel , March 27, 2008
  6. Manager Magazin: Stock exchange plans for Airbus plants. February 8, 2008.
  7. OHB and Thales Alenia Space sign contracts for Meteosat Third Generation (MTG) for around 750 million euros ( Memento from July 1, 2012 in the Internet Archive )
  8. DLR - SmallGEO - Hispasat first customer
  9. ^ OHB and SSTL selected for the construction of 14 Galileo navigation satellites . Retrieved January 10, 2010
  10. "Galileo is a stupid idea". The publication of Wikileaks brings down a German manager. Urgent damage limitation is the order of the day at the Bremen satellite manufacturer OHB. In: Frankfurter Allgemeine Zeitung. January 19, 2011, accessed March 4, 2015 .
  11. October 22, 2009: OHB-System CEO calls Galileo a waste of German tax payer money. In: Aftenposten.no. January 13, 2011, accessed on January 19, 2011 (publication of an embassy dispatch).
  12. ↑ The merger of OHB System AG and Erwin Kayser-Threde GmbH is perfect. OHB System AG, September 1, 2014, accessed on November 13, 2014 .
  13. OHB AG becomes OHB SE. OHB press release, March 26, 2015, accessed on May 25, 2015 .
  14. OHB share. Retrieved January 22, 2019 .
  15. Christian W. Röhl: 20 years Neuer Markt: Some have survived ... and pay dividends. In: DividendenAdel. March 9, 2017, accessed January 22, 2019 .
  16. a b course tool. ohb.de, accessed on January 22, 2019 .
  17. WKN 593612 OHB share - Consorsbank. Retrieved January 22, 2019 .
  18. Shareholder structure. Retrieved January 22, 2019 .
  19. OHB subsidiary megatel GmbH becomes OHB Digital Services GmbH - OHB SE. August 2, 2017, accessed March 18, 2019 .
  20. DLR - European data relay satellite network EDRS becomes reality
  21. Christa and Manfred Fuchs Endowed Professorship for Space Technology / System Enabling Technologies. University of Bremen, accessed on January 7, 2019 .
  22. ^ Controversial endowed professorship in Bremen occupied. Deutschlandfunk, August 14, 2012, accessed on November 13, 2014 .

Coordinates: 53 ° 6 ′ 1 "  N , 8 ° 51 ′ 25"  E