LONDON (Alliance News) - SCISYS PLC said Tuesday it has signed a one-year extension to its contract with the European Space Agency, worth in excess of EUR5 million.
The bespoke software systems and IT provider said the one-year extension with the European Space Agency will see it provide a Flight Dynamics Operations Engineering Service to the European Space Operations Centre in Darmstadt, Germany, with CGI Germany GmbH & Co. KG acting as a subcontractor.
Under the terns of the contract, the company's engineers and flight dynamics experts are providing a service to the earth observation, science and astronomy missions operated by ESOC. The service includes attitude and orbit determination, command generation, mission analysis and planning, as well as software development, procedure generation and test and validation.
SCISYS said, "These activities are core to spacecraft operations and are performed alongside European Space industry partners."
"The extension to this contract cements the long-term partnership we have with ESA, where SCISYS has provided continuous support in this domain for more than two decades. Flight Dynamics and the related guidance, navigation and control area is a core capability within SCISYS, which feeds into our end-to-end ground segment offering," added Dr. Horst Wulf, Divisional Director of Space for SCISYS
SCISYS serves the Media & Broadcast, Space, Government, Defence and Environment sectors.
SCISYS said the value of the contract, which is in excess of EUR5 million, will be recognised in the 2014 financial year.
Shares in the company were trading 1.05% higher at 91.96 pence per share Tuesday morning.
By Alice Attwood; aliceattwood@alliancenews.com; @AliceAtAlliance
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