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SCISYS signs software deal with Airbus Defence and Space

Wed, 16th Jan 2019 10:25

(Sharecast News) - Bespoke software systems provider SCISYS Group announced on Wednesday that its SCISYS Deutschland operation had been awarded a contract with Airbus Defence and Space for development, integration, verification and maintenance of the EGNOS V3 Performance Assessment Facility (PAF).The AIM-traded firm said the total contract value was expected to be €1.32m, with delivery beginning in January and expected to last until July 2025.It said the contract was under a programme funded by the European Union and the European Space Agency, and provided further valuable underpinning to SCISYS' existing market guidance.SCISYS explained that satellite-based augmentation systems, such as EGNOS, improved positioning accuracy.EGNOS comprised a network of more than 40 ground stations across Europe, which analysed data from navigation satellites and send correction data to receivers via Galileo satellites.The main purpose of the PAF was to receive, analyse and process performance-related satellite navigation data, and to create consolidated status reports for ground segment operators.SCISYS' Space division in Germany would provide a solution for the PAF to enable detailed performance monitoring of 40 ranging and monitoring stations.The firm said the further contract win underpinned SCISYS Space's position as "proven and well recognised" experts in the field of satellite navigation, and as a leading provider of integrated solutions."We are delighted with this further contract win by our Space division, which concludes the recent series of Space contact wins which together provide an important endorsement of the board's decision last year to redomicile SCISYS' parent company to Dublin," said chief executive officer Klaus Heidrich."This step has enabled us to protect EU funded work and puts the SCISYS group in a solid position to navigate Brexit going forward."Heidrich said that, with the firm's strong involvement in EGNOS and Galileo, it was one of the "leading partners" in Europe's independent satellite navigation programmes."The future prospects of the group continue to look highly encouraging."

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Scysis to re-domicile to Ireland in Brexit contingency plan

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SCISYS flags decent first half performance

(Sharecast News) - Bespoke software systems supplier SCISYS updated the market on its trading on Thursday, saying it would announce its interim results for the half year to 30 June on 20 September.

30 Aug 2018 11:31

Scisys Expects Progress In 2018 With Improved First-Half Performance

LONDON (Alliance News) - Software and IT solutions supplier Scisys PLC said Thursday it is confident it will deliver year-on-year progress in 2018.Scisys shares were trading up 6.6% at that

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SCISYS Positive On 2018 Outlook After Revenue And Profit Rise In 2017

LONDON (Alliance News) - SCISYS PLC on Tuesday said its outlook for the year ahead is "very encouraging", after reporting a rise in revenue and profit for technology

9 Feb 2017 08:30

Scisys to design mission control system for weather forecasting programme

(ShareCast News) - Software company Scisys has won a €1.9m contract with technology firm GMV to design a mission control system to support a weather forecasting programme for a European intergovernmental organisation. The AIM-listed company will design and implement a bespoke mission control system

7 Feb 2017 13:02

Scisys wins Mars rover software contract

(ShareCast News) - Scisys has won a €3.7m contract from Thales to help design software for the Mars rover vehicle as part of the European Space Agency's 2020 scientific mission. In its second involvement with the ExoMars programme, the AIM-listed company will work with Thales Alenia Space Italia on

3 Jan 2017 09:58

Scisys completes acquisition of Annova Systems for £9.7m

(ShareCast News) - Information and communications technology provider Scisys has completed the acquisition of Munich-based software provider Annova Systems for €11.35m (£9.7m), in order to put it in "a stronger market position" across Europe. The acquisition, which is expected to be "strongly" earni

19 Dec 2016 07:50

Scisys to build operations centre for Franco-German satellite mission

(ShareCast News) - AIM-listed software company Scisys has won a €3.3m contract with aircraft maker Airbus to build the payload operations centre for a Franco-German satellite climate mission. Scisys signed a contract with Airbus' defence and space division to provide central functions for the payloa

24 Nov 2016 10:32

Scisys buys Germany´s Annova Sytems for £9.7m

(ShareCast News) - Software company Scisys bought Munich-based Annova Systems, a software provider for €11.35m (£9.7m) which puts it in "a stronger market position" across Europe. The acquisition, which is expected to be "strongly" earnings enhancing from 2017 onwards, will be funded via a new bank

17 Nov 2016 10:41

Scisys sharers rise at it revises full year outlook

(ShareCast News) - Shares in Scisys rose as the supplier of bespoke software systems to the space, defence, government and commercial sectors updated its outlook for the year, following "strong" trading in the second half. The AIM-listed company now expects adjusted operating profit, before exceptio

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Sciys wins space satellite contract with OneWeb

(ShareCast News) - Sciys, a supplier of bespoke software systems, has won a contract with OneWeb to deliver satellite mission-planning software based on its Pleniter product. OneWeb, a global satellite communications provider, will use the software for its satellite constellation, which is being

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