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OHB Wins €1 Billion IRIS² Satellite Contract

September 1, 2026

1 min read

Key Takeaways

OHB secures €1 billion contract for 18 IRIS² MEO satellites.
Deal is for European Union's sovereign satellite communications constellation.
Contract valued at nearly €1 billion ($1.2 billion).
OHB to build medium Earth orbit satellites.

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Strategic Implications

This deal may indicate the European Union's growing investment in sovereign satellite capabilities, which could enhance its strategic autonomy and independence in space-based communications. The contract suggests a significant expansion of OHB's presence in the global satellite market, potentially strengthening its competitive position against other major satellite manufacturers.

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What Happened

German Company Secures Major Deal For European Union Constellation

OHB has secured a contract valued at nearly €1 billion to build 18 medium Earth orbit satellites for the European Union’s IRIS² sovereign satellite communications constellation. The deal is a significant win for the German company, which will be responsible for constructing the satellites for the EU’s constellation. According to Aviation Week, the contract is part of the EU’s efforts to expand its satellite capabilities and enhance its independence in space-based communications.

Source | Originally Published: August 31, 2026

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