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OHB Secures EUR 554 Million Contract from ESA for Development of Next-Generation Topography Satellites

Nov 04, 2026

Contract Type

contract

MilanAviation & Aerospace

Description

The European Space Agency has awarded a contract worth over EUR 554 million to OHB System AG to lead the development of the Sentinel-3 Next Generation Topography satellites. This contract places OHB at the forefront of a European consortium tasked with improving Earth observation capabilities using radar altimeters.

Company Information

Company

OHB System AG

Location

7 Karl-Ferdinand-Braun-Strasse

Milan, Lombardy, Italy

About

OHB System AG, a subsidiary of the space and technology group OHB SE in Germany, is a company awarded with a contract worth more than €280 million by the European Space Agency.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.