Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  OHB SE    OHB   DE0005936124

OHB SE

(OHB)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

OHB : funding a foundation professorship to improve cyber security in satellite communications

02/03/2017 | 10:12am EST

Bremen / Neubiberg, February 3, 2017. In today's information society, the development of efficient and secure communications channels is increasingly growing in importance. It is for this reason that OHB System AG, a subsidiary of OHB SE (Prime Standard, ISIN DE0005936124), is funding a junior professorship in secure space communications at the Institute of Information Technology at the University of the German Federal Armed Forces in Munich. Dr Christian Hofmann was appointed to the position of junior professor on February 1, 2017 for an initial period of six years and will be conducting research into secure information transmission and processing with a particular focus on space applications. His research activities will concentrate on securing aerial signals.

The University of the German Federal Armed Forces in Munich provides an ideal setting for this as a research cluster dedicated to cyber security which is unique in Europe is currently emerging there. With this foundation professorship, OHB wants to make a contribution to answering the urgent questions concerning cyber security through partners actively engaged in research. At the same time, the company is anxious to promote young scientific talents.

'The purpose of the foundation professorship is a good fit for OHB's portfolio, such as the versatile SmallGEO satellite platform on the basis of which we are assembling communications satellites in the 3-ton class for institutional and commercial customers. However, the foundation professorship also marks a further milestone in our good and collaborative work with the German Federal Armed Forces which commenced more than a decade ago with the award of a contract for the first reconnaissance satellites,' says Dr Fritz Merkle, who is pleased that this satellite system is still providing outstanding services in its tenth year of service and whose replacement system is now also being developed by OHB System AG. OHB is ready to partner the German Federal Armed Forces for telecommunications links - final contractual negotiations are currently ongoing for the civil/military telecommunications satellite Heinrich Hertz and we hope to soon be able take this project on board,' Dr Merkle added.

'Dr Hofmann has an excellent track record in satellite communications, possesses industrial experience and, as a former officer, is acquainted with the particular requirements of military information transmission,' says Prof Dr Knopp, one of the heads of the Institute of Information Technology and head of Satellite Communications. 'Satellites for transmitting information constitute critical infrastructure for all authorities and organizations tasked with security duties. As a prominent transmission medium, however, they are also exposed to particular threats in cyber space.' The dean of the Faculty of Electrical Engineering and Information Technology Prof Dr Berthold Lankl adds: 'For this reason, the creation of this foundation professorship marks an important contribution for our faculty, allowing us to step up our numerous research activities aimed at ensuring the secure transmission of information in the cyber context.'

More on the Institute of Information Technology of the University of the German Federal Armed Forces in Munich can be found at www.unibw.de/eit3_2

OHB AG published this content on 03 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 February 2017 15:12:06 UTC.


© Publicnow 2017
All news about OHB SE
01:04pAD HOC ANNOUNCEMENT ACCORDING TO ART : According to presss, negative award decis..
PU
2020OHB : European space and digital players to study build of EU's satellite-based ..
PU
2020TECHNOLOGY TRANSFER : OHB investigates protective effect of cleanroom clothing a..
PU
2020Airbus, Thales, Orange Named in Consortium Awarded EU Connectivity System Res..
DJ
2020OHB : European space agency signs deal for asteroid defence mission
RE
2020OHB SE : OHB proposals for the Copernicus project selected by ESA
EQ
2020OHB SE : Notification and public disclosure of transactions by persons
EQ
2020OHB SE : OHB SE secures financing for the next 5 years and optional extensions
EQ
2020OHB SE : OHB SE holding virtual general meeting due to Covid-19
EQ
2020OHB SE : 3-month results for 2020 in line with expectations despite Covid-19 cri..
EQ
More news
Financials
Sales 2020 939 M 1 140 M 1 140 M
Net income 2020 24,0 M 29,1 M 29,1 M
Net Debt 2020 73,0 M 88,6 M 88,6 M
P/E ratio 2020 32,3x
Yield 2020 0,66%
Capitalization 755 M 916 M 917 M
EV / Sales 2020 0,88x
EV / Sales 2021 0,65x
Nbr of Employees 3 006
Free-Float 30,0%
Chart OHB SE
Duration : Period :
OHB SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends OHB SE
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 3
Average target price 45,67 €
Last Close Price 43,35 €
Spread / Highest target 13,0%
Spread / Average Target 5,34%
Spread / Lowest Target -3,11%
EPS Revisions
Managers and Directors
NameTitle
Marco R. Fuchs Chief Executive Officer
Robert Wethmar Chairman-Supervisory Board
Kurt Melching Director-Finance & Controlling
Christa Fuchs Member-Supervisory Board
Heinz Stoewer Member-Supervisory Board
Sector and Competitors