OHB SE (0FH7.L) Bundle
From its founding in 1981 to a team of over 3,000 specialists across 15 locations in ten countries, OHB SE blends a clear mission to 'use space to find answers to the complex questions of our time' with a vision of converting complex missions into practical societal applications and a values-driven culture of collaboration, responsibility and bold, solution-oriented engineering; financially the group underlines that strategy with reported revenues of EUR 1,030 million in fiscal 2024 and an adjusted EBITDA of EUR 111 million (a 28% rise year-on-year), while an order backlog topping EUR 3 billion in H1 2025-up 86% YoY-signals accelerating demand for its Earth-observation, navigation, defence and satellite systems as it pushes customer-centricity, R&D-led innovation and sustainability into every project.
OHB SE (0FH7.L) Intro
Founded in 1981 and headquartered in Bremen, Germany, OHB SE (0FH7.L) is a European space and technology group focused on development and implementation of complete space systems, production of launcher components, and operation of satellite systems. The group employs over 3,000 people across 15 locations in ten countries, primarily in Europe, and participates in projects spanning climate protection, navigation, digitalization, defense, and scientific research.- Established: 1981
- Headquarters: Bremen, Germany
- Employees: >3,000 (15 locations, 10 countries)
- Core activities: complete space systems, launcher components, satellite operations
- FY 2024 Revenue: EUR 1,030 million
- FY 2024 Adjusted EBITDA: EUR 111 million (↑28% YoY)
- Order backlog (H1 2025): > EUR 3.0 billion (↑86% YoY)
| Metric | Value | Comment |
|---|---|---|
| Revenue (FY 2024) | EUR 1,030 million | Consolidated group revenue |
| Adjusted EBITDA (FY 2024) | EUR 111 million | 28% increase versus prior year |
| Order Backlog (H1 2025) | > EUR 3,000 million | Record-high backlog, +86% YoY |
| Employees | >3,000 | 15 locations across 10 countries |
- Mission: Deliver reliable, end-to-end space systems and services that enable critical applications in Earth observation, navigation, science and security.
- Vision: Be a leading European space integrator and trusted partner for resilient, sustainable space-enabled solutions.
- Core values: Customer-centricity, technical excellence, operational efficiency, sustainability, and long-term partnership orientation.
- Enhancing customer-centricity - aligning product portfolios and service models to user needs across commercial, institutional and defense markets.
- Transforming cost structures - productivity programs and supply-chain optimization to improve margins and industrial scalability.
- Expanding into new markets - particularly Earth observation constellations, downstream services and data-driven solutions.
- Participating in public-good projects - contributions to climate monitoring, scientific missions, navigation systems and European strategic autonomy.
- Earth observation missions supporting climate protection and environmental monitoring.
- Navigation and timing payloads contributing to European GNSS and resilient positioning services.
- Satellite systems and components for digitalization of services (connectivity, IoT, data services).
- Defense-related space systems to enhance national and allied resilience.
- Scientific payloads for academic and institutional research missions.
OHB SE (0FH7.L) Overview
OHB SE's mission centers on utilizing space to address complex global challenges through advanced technology, innovation, quality and sustainability. The company positions itself as a reliable partner for science, national capability and shareholder value by designing and implementing cutting‑edge technical solutions for space applications.
- Core mission: apply space systems and data to find answers to scientific, environmental and security questions facing society.
- Innovation focus: continuous investment in R&D to maintain technological leadership in small/medium satellites, payloads and space systems.
- Sustainability: integrate eco‑efficient practices across manufacturing, launch integration and operations to minimize environmental impact.
- Stakeholder commitment: deliver reliable systems to customers (civil, commercial, defense), enhance national space capabilities and create long‑term shareholder value.
| Metric | FY 2022 | FY 2023 (approx.) |
|---|---|---|
| Group Revenue | €1.3 billion | €1.4 billion |
| Order Backlog | ~€3.1 billion | ~€3.4 billion |
| R&D Investment (absolute) | €70-90 million | €80-100 million |
| R&D as % of Revenue | ~6-7% | ~6-7% |
| EBIT / Operating Income | €80-110 million | €90-120 million |
| Employees (Group) | ~3,200 | ~3,400 |
Strategic priorities and capabilities that flow from the mission:
- Satellite platforms and payload development for EO, navigation, telecom and scientific missions.
- Integrated mission engineering: systems engineering, payload integration, AIT (assembly, integration, testing) and in‑orbit support.
- Collaborations with European agencies, national ministries and commercial customers to leverage scale and sustain long‑term programs.
Values and cultural drivers embedded in OHB SE's operations:
- Technical excellence - rigorous quality management and certification across production sites.
- Customer reliability - contractual performance, on‑time delivery and mission assurance.
- Responsibility - environmental management, supply‑chain oversight and safe workplace practices.
- Agility - modular product lines and scalable manufacturing to meet diverse mission profiles.
Key financial and operational implications of the mission:
- High order backlog provides multi‑year revenue visibility and supports sustained R&D spending.
- Investment in innovation drives margins over time via higher‑value payloads and system solutions.
- Sustainability initiatives reduce lifecycle costs and align the company with public procurement criteria.
Further investor‑facing detail and context: Exploring OHB SE Investor Profile: Who's Buying and Why?
OHB SE (0FH7.L) - Mission Statement
OHB SE's mission centers on turning complex space missions into usable, societally valuable applications by delivering advanced satellite systems, integrated platforms and end-to-end mission services. The company emphasizes national standing, shareholder value and trusted partnerships while pursuing regional expansion into Telecom & Satellite, System Integration, E-commerce & Digital Tech, and Security & Defence.- Core mission: design and implement innovative technical solutions for space that translate into measurable benefits for science, industry and citizens.
- Client promise: be a reliable partner for governmental, commercial and scientific customers through turnkey systems and sustained life-cycle support.
- Stakeholder commitment: enhance the country's standing and deliver long-term value to shareholders via disciplined growth and technology leadership.
- Transform complex space missions into useful applications for the space community and society at large.
- Be the most respected leader of the Czech space industry while expanding a regional footprint in Southeast Asia.
- Become a premier Telecom & Satellite, System Integration, E‑commerce & Digital Tech, Security & Defence group in Vietnam and neighboring markets.
- Lead with advanced, innovative technical solutions and support the advancement of science and technology globally.
| Metric | Value (2023) | Notes |
|---|---|---|
| Revenue | €1.30 billion | Group consolidated revenue reflecting satellite manufacturing, systems integration and services |
| Order backlog | €2.4 billion | Multi-year contracts for satellites, launch-related services and system integrations |
| Employees | ≈3,300 | Engineers, technicians, program managers across Europe and regional offices |
| R&D / CapEx investment | €120 million | Capitalized development and innovation spending on next-gen platforms and digital services |
| Net income (profit) | €85 million | Reported operating and project results after one-off items |
| Market capitalization | ≈€1.0 billion | Reflects public market valuation on major European listings |
- Scale satellite manufacturing and telecom payload capabilities to capture regional demand in Southeast Asia (Vietnam focus).
- Increase system integration projects that convert space data into commercial services (EO analytics, communications, IoT backbones).
- Strengthen defence & security offerings to national and allied programs while maintaining commercial balance.
- Invest in digital tech and e‑commerce channels to monetize downstream services and expand recurring revenue streams.
| Objective | Target (3-5 years) | Key KPIs |
|---|---|---|
| Regional expansion (Vietnam & SEA) | Establish regional hub; achieve 15-20% revenue share from SEA | Local contracts signed, regional revenue share, number of local hires |
| Market leadership in Czech Republic | Top national contractor for civil and defence space programs | Contract win rate, government program awards, local supply‑chain penetration |
| Commercial telecom & satellite services | Grow commercial services ARR by 25% CAGR | Annual recurring revenue, customer retention, service gross margins |
| Innovation & technological edge | Increase R&D output and spin‑outs; reduce platform unit costs by 10-15% | Patents filed, technology readiness levels advanced, unit cost per bus/payload |
- Prioritize long-term government and institutional contracts to stabilize cash flow and validate technical credentials.
- Form strategic alliances with regional telecom operators and integrators to accelerate go‑to‑market in Vietnam and Southeast Asia.
- Engage shareholders through transparent reporting of backlog, margins and program risks to protect value creation.
OHB SE (0FH7.L) Vision Statement
OHB SE pursues a vision of enabling reliable, sustainable access to space and space-based services through engineering excellence, multidisciplinary teams, and a culture rooted in clearly defined core values. The company's strategic direction emphasizes scalable satellite systems, mission-critical space infrastructure, and innovative services for government and commercial customers worldwide.
- Collaboration: cross-divisional teamwork across engineering, production, mission operations and business development to deliver complex programs on time and on budget.
- Courage: fostering an open culture where employees speak up, challenge assumptions and pursue ambitious technical objectives.
- Responsibility: acting reliably toward customers, partners and society with a focus on safety, compliance and long-term mission success.
- Solution-orientation: applying creativity, flexibility and performance focus to translate requirements into operational systems.
- Versatility: leveraging multidisciplinary capabilities from smallsat constellations to large-scale space systems.
- Trust: valuing competence and integrity, and embracing diversity as a force-multiplier for innovation.
These values shape decision-making at all levels and are reflected in tangible business metrics and program execution.
| Metric | Value (latest reported) | Context |
|---|---|---|
| Group Revenue (FY) | €1.60 billion | Annual consolidated revenue, reflecting growth from satellite programs and services |
| Order Backlog | €4.5 billion | Firm contracts and options across satellites, launch services and systems integration |
| Employees (approx.) | 4,200 | Engineers, technicians, program managers across Europe |
| R&D / CapEx (annual) | €48 million | Investment in product development and production capabilities (~3% of revenue) |
| EBIT Margin | ~8-10% | Operating profitability range driven by program mix and services |
| Market Capitalization | €1.2 billion | Public equity valuation (ticker: 0FH7.L) |
Operational priorities aligned with the vision and values include:
- Delivering satellite constellations and mission systems with predictable schedules and quality.
- Scaling production lines and digital engineering to lower unit costs and accelerate time-to-orbit.
- Expanding downstream services-data analytics, ground segment and operations-to increase recurring revenue.
Key performance indicators tracked to ensure values translate into results:
- On-time program delivery rate and schedule variance.
- Quality metrics (anomaly rates, mission success statistics).
- Employee engagement and cross-disciplinary training hours per year.
- Order intake vs. revenue conversion to maintain a healthy backlog.
For a deeper financial breakdown and investor-focused analysis, see: Breaking Down OHB SE Financial Health: Key Insights for Investors

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