16 Sep 2014 07:00
SCISYS PLC
(SSY: AIM)
Contract Win
SCISYS PLC ('SCISYS' or the 'Company'; AIM: SSY) - the supplier of bespoke software systems, IT based solutions and support services to the Media Broadcast, Space, Government and Defence and Environment sectors - is pleased to announce that it has signed a contract with Airbus Defence and Space Ltd to deliver the rover vehicle visual localisation flight software ("VISLOC") for the European Space Agency's 2018 mission to Mars. The VISLOC software is responsible for self-localising and navigating the rover on the Mars surface and is therefore an essential part of the overall software system.
The European Space Agency (ESA) established the ExoMars programme to investigate the Martian environment and to demonstrate new technologies paving the way for a future Mars sample return mission in the 2020s. As part of ExoMars ESA will in 2018 launch, land and operate a robotic rover to explore the planet.
The value of this contract to SCISYS is €2m, with the significant majority of the contract value to be recognised in the current and forthcoming accounting periods up to early 2017.
Dr. Horst Wulf, Divisional Director Space of SCISYS said: "This is an impressive result for SCISYS. Over the past years our Space Robotics team has gained significant experience and developed technical capabilities which are leading in Europe. This combined with our onboard software track record helped position ourselves to successfully compete for this contract."
Klaus Heidrich, CEO of SCISYS added: "SCISYS feels tremendous pride in being able to contribute to this prestigious European mission to Mars. It furthermore demonstrates the UK's leading position in robotics and fully justifies the investment the UK government is making in this domain."
SCISYS PLC will release its interim results on 24 September 2014.
For further information please contact:
SCISYS PLC | +44 (0)1249 466 466 | |
Mike Love | Chairman | |
Klaus Heidrich | Chief Executive Officer | |
Chris Cheetham | Finance Director | |
finnCap (NOMAD & Broker) | +44 (0)20 7220 0500 | |
Julian Blunt / Henrik Persson | Corporate Finance | |
Alexandra Clement | Corporate Broking | |
Winningtons Financial PR Tom Cooper/Paul Vann | +44 (0)20 3176 4722 +44 (0)797 122 1972 tom.cooper@winningtons.co.uk |
About SCISYS:
Employing nearly 400 staff, SCISYS is a leading developer of Information and Communications Technology services, e-Business and advanced technology solutions. The Company operates in a broad spectrum of market sectors including Media & Broadcast, Space, Government and Defence sectors. SCISYS clients are predominantly blue chip and public sector organizations. Customers include the Environment Agency, the Ministry of Defence, Airbus Defence & Space, Arqiva, Vodafone, the European Space Agency, Eumetsat, the BBC, RNLI and the National Trust. The Company has UK offices in Chippenham, Bristol and Reading and two offices located in Germany. More information is available at www.scisys.co.uk