10 Jan 2019 07:00
The information communicated in this announcement includes inside information for the purposes of Article 7 of Regulation 596/2014
SCISYS Group PLC
Contract win: SCISYS secures €2.8m contract with ESA-ESOC for ground station monitoring and control system tailoring
SCISYS Group PLC ("SCISYS" AIM SSY; ESM: SCC), the supplier of bespoke software systems, IT-based solutions and support services to the space, media & broadcast, government, defence and commerce sectors, is pleased to announce that SCISYS Deutschland GmbH has been awarded a contract with ESA-ESOC for Monitoring & Control (M&C) system tailoring services for the ESA Tracking Network (ESTRACK).
The anticipated contract value is for €2.8m, from 2019 lasting until 2023, with an option for an additional extension of 5 years. This contract is funded by the European Space Agency. It is included in existing market guidance.
ESTRACK is operated by the European Space Operations Centre (ESOC) and its network of ground stations supports various ESA spacecraft missions. The ESTRACK ground stations are all equipped with a central M&C system, which serves as the basis for providing the high level of automation achieved in the operation of this network of ground stations. SCISYS' Space division in Germany will be responsible for maintaining the operational status of the automated M&C system that supports individual spacecraft missions from these ground stations. SCISYS will also continue to evolve and expand the M&C system for new devices deployed at these stations over the contract period.
This important win underscores SCISYS Space's position as ground-segment experts and cements its standing as a long-term, trusted partner. SCISYS has provided a reliable service to ESTRACK since 2007.
Klaus Heidrich, CEO of SCISYS, said:
"I am pleased to announce this significant strategic win by SCISYS' Space division in Germany. SCISYS is proud to have supported ESTRACK for more a decade and this latest contract is testament to our position as trusted partners and suppliers of ground-segment solutions. Congratulations go to all the teams involved."
For further information please contact:
SCISYS Group PLC | +44 (0)1249 466 466 | |
Mike Love | Chairman | |
Klaus Heidrich | Chief Executive Officer | |
Chris Cheetham
| Finance Director | |
finnCap (NOMAD & AIM Broker) | +44 (0)20 7220 0500 | |
Julian Blunt
| Corporate Finance | |
Walbrook PR | +44 (0)20 7933 8780 | |
Tom Cooper/Paul Vann | +44 (0)797 122 1972 | |
tom.cooper@walbrookpr.com | ||
Davy (ESM Broker) | +353 1 679 6363 | |
John Frain | john.frain@davy.ie |
About SCISYS Group:
Employing around 650 staff, SCISYS Group is a leading developer of information and communications technology services, e-business, web and mobile applications, editorial newsroom solutions and advanced technology solutions. The Company operates in a broad spectrum of market sectors, including Media & Broadcast, Space, Government and Defence and Commercial sectors. SCISYS clients are predominantly blue-chip and public-sector organisations. Customers include the Environment Agency, the Ministry of Defence, Airbus Defence & Space, Thales Alenia Space, Arqiva, Vodafone, the European Space Agency, EUMETSAT, the BBC, Radio France, RTL, RNLI, Pets at Home, Siemens and the National Trust. The Company's registered office is in Dublin, with UK offices in Chippenham, Bristol, Leicester and Reading and German offices in Bochum, Dortmund, Darmstadt and Munich. More information is available at www.scisys.co.uk.
This announcement has been released by Natasha Laird, Company Secretary, on behalf of the Company.
Views expressed herein can in no way be taken to reflect the official opinion of the European Space Agency (ESA).