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Space group OHB posts 21% revenue rise on strong demand for defence systems (updated)

Adds context in paragraph 2, details from statement in bullet points

March 19 (Reuters) - German space group OHB SE OHBG.DE reported a 21% jump in its 2025 revenue on Thursday, driven by strong demand for satellite systems and launcher components as European governments bolster their defence and strategic space capabilities.

The company said the long-term outlook was favourable, supported by record space infrastructure budgets in Germany and the European Union.

Main growth driver was the space systems segment, where OHB secured its first prime contract for an ESA "L-class" mission, a complex project to detect gravitational waves

The company said it was diversifying customer base with orders from the U.S. commercial market and the defence sector

The digital segment saw a record order intake of more than 250 million euros ($287 million)

This growth was driven by rising demand in satellite operations for defence applications and expansion of OBH's downstream service offerings

Management to propose an unchanged dividend of 0.60 euro per share for 2025

($1 = 0.8716 euros)

(Reporting by Maria Rugamer in Gdansk, editing by Milla Nissi-Prussak)

((maria.rugamer@thomsonreuters.com;))

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