OHB Watchlist

tz-plus logo Only About 6% Free Float: OHB Remains a Rare Space Trend Stock

S. Bank
Reading Time: 2 minutes

OHB SE from the space trend released its HY1 figures on Monday (August 11). It is a provider of space infrastructure, specializing in satellites, launch systems, and digital ground systems. Interestingly, only about 6% of the issued shares are in free float. The company is the main contractor for 34 Galileo-FOC satellites, which have been the backbone of the European navigation system since 2014, as well as for the MTG Sounder series and the ESA Hera mission. In the Aerospace segment, OHB develops rocket components and its own launch vehicle RFA...

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