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Germany's OHB sees further IRIS² orders as Europe bolsters satellite network - Finance news and analysis from Global Banking & Finance Review
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Germany's OHB sees further IRIS² orders as Europe bolsters satellite network

Published by Global Banking & Finance Review

Posted on August 31, 2026

3 min read

· Last updated: August 31, 2026

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OHB Anticipates More IRIS² Satellite Orders as EU Expands Secure Network

By Maria Rugamer

OHB's Role in the IRIS² Satellite Network Expansion

BERLIN, Aug 31 (Reuters) - Satellite maker OHB expects to get more orders for the European Union's IRIS² satellite network, CEO Marco Fuchs said, after the German company secured a nearly €1 billion ($1.1 billion) contract under the project on Monday.

The contract, awarded by satellite operator SES for 18 satellites, is the first major industrial order announced under IRIS², the EU's flagship programme to develop sovereign satellite communications.

IRIS² is being developed by the SpaceRISE consortium, made up of SES, Eutelsat and Hispasat, with SES responsible for the medium-Earth orbit segment.

Further Industrial Contracts Expected

More Orders in Sight

Fuchs said further industrial contracts were expected under IRIS² as the programme moves into the implementation phase.

"We hope that the number of satellites will increase," he told Reuters, adding that contracting was accelerating after years of planning. The EU expanded IRIS² earlier in August by 66 satellites, citing a changing security environment.

"The system is under pressure," Fuchs said. "People talk for a long time, and then when things get moving, everything has to happen very quickly."

Changing Security Requirements

Security Needs Reshape Requirements

European governments now place greater emphasis on resilient communications capabilities than when IRIS² was conceived, Fuchs said.

"Four or five years ago, we did not really feel this was necessary. Since the war in Ukraine, Europe has changed dramatically," he said. "The experience of wars has shown that when conflict breaks out, everybody wants capacity over the same operational area."

Impact of the Ukraine War

The central role of satellite communications in Ukraine during the war, provided by SpaceX's Starlink, has shown European countries their growing importance, Fuchs said.

This is exemplified by the recent agreement between Poland and the European Commission to increase the country's contribution to the constellation by €150 million, he added.

National and European Initiatives

Germany is meanwhile pursuing its own military communications constellation, for which OHB and Rheinmetall have established a joint venture and submitted a bid.

"Europe is not fully sovereign," Fuchs said, citing dependencies in launch services and some electronic components. "We do not have enough rockets."

European governments and the European Space Agency have stepped up support for domestic launch providers in an effort to expand launch capacity.

The first IRIS² satellites are scheduled for launch in 2029, with initial services expected from 2030.

(Reporting by Maria Rugamer and Miranda Murray, Editing by Friederike Heine and Milla Nissi-Prussak)

Key Takeaways

  • OHB won its first IRIS² industrial order—€1 billion for 18 satellites—marking the start of implementation phase under SES within the SpaceRISE consortium  (ohb.de)
  • The IRIS² constellation has been expanded to 348 satellites (330 in LEO, 18 in MEO), earning a 60 % increase in secure government capacity in the EU, with launches now slated to begin in 2029  (euspa.europa.eu)
  • OHB expects further contracts as IRIS² ramps up; the programme responds to heightened security demands post‑Ukraine war and Europe’s drive for sovereign, resilient communications  (ohb.de)

References

Frequently Asked Questions

What is the IRIS² satellite network?
IRIS² is the EU's flagship programme to develop sovereign satellite communications, aimed at bolstering Europe's secure satellite network.
How much was OHB's recent IRIS² contract worth?
OHB secured a contract worth nearly €1 billion ($1.1 billion) to provide 18 satellites for the IRIS² project.
Why is Europe expanding its satellite communications?
European governments are prioritizing resilient communications due to increased security concerns and the experience of recent conflicts such as the war in Ukraine.
When will the first IRIS² satellites be launched?
The first IRIS² satellites are scheduled for launch in 2029, with initial services expected from 2030.
Which companies are involved in the IRIS² programme?
The SpaceRISE consortium, including SES, Eutelsat, and Hispasat, is developing IRIS². SES is responsible for the medium-Earth orbit segment.

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