9 Feb 2017 07:00
The information communicated in this announcement includes inside information for the purposes of Article 7 of Regulation 596/2014
SCISYS PLC
SCISYS WINS circa €1.9m MISSION CONTROL CONTRACT
SCISYS PLC ("SCISYS"; AIM SSY), the supplier of bespoke software systems, IT-based solutions and support services to the media, broadcast, space, government, defence and commercial sectors, is pleased to announce that it has signed a contract for up to €1.9m with GMV, a privately owned technological business group with an international presence, for the design and implementation of a mission control system to support the EUMETSAT Polar System earth-observation programme. This relates to the second generation of polar-orbiting satellites that will provide weather-prediction data for national meteorological services during the 2020's and 2030's. Commencing in 2017, the contract is expected to be delivered by 2021 and underpins current market guidance.
Klaus Heidrich, Chief Executive Officer of SCISYS, commented:
"We are delighted to be making a significant contribution to EUMETSAT's EPS-SG programme that will play an important role in weather forecasting over the coming decades. SCISYS has been, and still is, at the forefront of the developments in earth observation satellite systems. This gives us the opportunity to re-use proven solutions to our customers' benefit and shows the strength of SCISYS' capabilities and experience in this key area of satellite missions."
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 | Corporate Finance | |
Walbrook PR | +44 (0)20 7933 8780 | |
Tom Cooper/Paul Vann | +44 (0)797 122 1972 | |
tom.cooper@walbrookpr.com |
About SCISYS:
Employing around 500 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, Arqiva, Vodafone, the European Space Agency, Eumetsat, the BBC, RNLI, AON, Interflora and the National Trust. The Company has UK offices in Chippenham, Bristol, Leicester and Reading and German offices located in Bochum, Darmstadt and Munich. More information is available at www.scisys.co.uk.