logo-loader
viewScisys Plc

SCISYS wins €5mln space contract

"We are once again delighted with this further significant contract win for the Galileo project which follows other recently announced Galileo contract awards"

Satellite
Galileo is Europe's global navigation satellite system

SCISYS Group PLC (LON:SSY;) the supplier of bespoke software systems, has been awarded a contract by Spanish aerospace and defence firm GMV.

The contract, valued at €5mln, is for the continuation and further enhancement of three elements in the Galileo Ground Control Segment (GCS).

Galileo is Europe's global navigation satellite system, providing a highly accurate, guaranteed global positioning service under civilian control. GMV is the prime contractor for the GCS to the European Space Agency.

SCISYS said the contract win underlines its position as an expert software supplier to Galileo and reinforces its reputation in the European space industry.

Shares in SCISYS were up 5p at 155.5p.

Quick facts: Scisys Plc

Price: 253 GBX

AIM:SSY
Market: AIM
Market Cap: £75.14 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Location Sciences Group releases state of privacy and...

Location Sciences Group PLC (LON:LSAI) Chief Business Officer Jason Smith tells Proactive the AIM-listed company which provides verification and analytics services for location data, has released its state of privacy and location marketing report.  Smith says the report is in response to...

5 hours, 25 minutes ago

2 min read