DGAP-News: OHB AG / Key word(s): Miscellaneous OHB AG: OHB subsidiary LuxSpace awarded new ESA contract 22.05.2014 / 10:42 --------------------------------------------------------------------- Betzdorf, Luxembourg, May 22, 2014 LuxSpace received an ESA development contract for the design of an innovative container tracking device. The project volume amounts to EUR 2.5 million of which 50 % is financed by ESA. In cooperation with their two sister companies OHB teledata (D) and megatel (D) and project partner arviem (CH), the innovative cargo monitoring device will offer localisation and cargo condition monitoring capabilities via a wireless sensor network, and report using satellite or ground communication systems. Apart from the technical development, the project partners will offer the cargo monitoring device within a comprehensive customer tailored real time cargo monitoring service, including analytics and operational support. "The service concept will ensure the transparency and the overall control of the cargo shipment process which conventional reporting hardly allow", as pointed out by Jochen Harms, Managing Director of LuxSpace. The project named RTICM (Real Time Intelligent Cargo Monitoring) belongs to ESA's ARTES 20 Integrated Application Program. Primary markets for the innovative cargo monitoring concept are high value container shipments. In a 6 month pre-operational demonstration phase, the service concept will be validated in close cooperation with a number of key clients. About LuxSpace Sarl: LuxSpace Sarl is an affiliate of OHB AG (Prime Standard, ISIN: DE0005936124), one of the three large space prime companies in Europe. LuxSpace has about 50 employees and is mainly developing micro satellites and is actively participating in the OHB System led Small GEO initiative. Furthermore, LuxSpace has a strong service business with specific focus on AIS (Automatic Information System for Ship Detection) and Earth Observation. Contacts: Jochen Harms Managing Director LuxSpace Sarl Phone: +352 267 890 4000 Fax: +352 267 890 4049 Email: harms@luxspace.lu Martin Stade Head of Corporate Communications OHB AG Tel.: +49 421 2020 620 Fax: +49 421 2020 613 E-Mail: martin.stade@ohb.de End of Corporate News --------------------------------------------------------------------- 22.05.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: OHB AG Karl-Ferdinand-Braun-Str. 8 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: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 269986 22.05.2014