Friday 18 January 2019

Dublin-listed Scisys secures €5m Galileo contract

Scisys works on the system for the European Space Agency
Scisys works on the system for the European Space Agency
Ellie Donnelly

Ellie Donnelly

The Dublin-listed software business Scisys has secured a €5m contract with GMV in Spain.

Scisys provides IT and software services across a number of sectors including media and defence, while GMV is the prime contractor for the Ground Control System (GCS) to the European Space Agency.

The deal, which commences this month, is for the continuation and further enhancement of three elements in the Galileo Ground Control Segment (GCS).

Galileo is Europe's own global navigation satellite system, providing a highly accurate, guaranteed global positioning service under civilian control.

Under the Galileo program, GMV supplies several elements of the ground segment such as the orbital control system.

The contract has been awarded under a programme funded by the European Union and the European Space Agency.

"We are once again delighted with this further significant contract win for the Galileo project which follows other recently announced Galileo contract awards. My thanks go out to the Scisys team responsible for winning this important work," Klaus Heidrich, CEO of Scisys, said.

"This further contract win underlies the strong position that Scisys Space holds in the European Space industry."

In November Scisys was admitted to trading in Dublin, making it the first Brexit refugee to list on the Irish Stock Exchange.

Last month the company secured a €11.2m contract with Thales Alenia Space France for a scheme related to the Galileo satellites.

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