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OHB stock jumps as ESA awards EUR 554 million satellite contract

Published on 11/04/2026 at 17:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
OHB stock gains after ESA awards the group a major Copernicus development mandate. Investors now await the nine-month results on November 12.

Key points for investors

  • OHB System will lead development of the next-generation Sentinel-3 topography mission for ESA.
  • The mission targets improved observations of oceans, coastlines, inland waters and ice-covered regions.
  • OHB is scheduled to publish its nine-month 2026 results on November 12.
OHB, DE0005936124, Illustration mit AI erstellt.
OHB, DE0005936124, Illustration mit AI erstellt.

OHB stock gained after the European Space Agency awarded OHB System AG a contract to develop the Sentinel-3 Next Generation Topography mission. OHB announced the contract on Wednesday, November 4, 2026, in a company announcement.

ESA order strengthens space position

The contract is valued at EUR 554 million and includes an option for a second satellite. OHB System, a subsidiary of OHB SE, will act as prime contractor and work with a European industrial consortium.

The S3-NGT mission is part of the European Union's Copernicus Earth observation programme. Its radar altimeters are intended to improve measurements of ocean surfaces, coastal regions, sea ice and inland waters, with better coverage, shorter revisit times and more precise sea-level readings than current Sentinel-3 satellites.

Results are the next catalyst

OHB's investor-relations calendar lists publication of the group's nine-month 2026 results and an earnings call for November 12. The company says it operates across Space Systems, Access to Space and Digital and employs approximately 4,000 people.

OHB stock traded at 218.00 euros on Lang & Schwarz at 17:48 CET on Wednesday, November 4, 2026, 3.07 percent above the Xetra close of Tuesday, November 3. The real-time quote of OHB stock provides the latest trading reference.

OHB SE at a glance

  • Company: OHB SE
  • ISIN: DE0005936124
  • Lang & Schwarz quote: EUR 218.00 at 17:48 CET on November 4, 2026
  • Change against Xetra close: 3.07 percent
  • Xetra comparison: EUR 211.50 on November 3, 2026
  • Next scheduled report: Nine-month 2026 results on November 12, 2026

The latest DAX market reports provide the broader German-market context.

More news and analyses on OHB stock cover the company's upcoming results and space activities.

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