ABB (ABBNY) has been selected by the German space and technology company OHB System AG to develop and build the thermal infrared payloads for the European Space Agency’s, ESA, Earth Explorer Harmony satellites, planned to launch in 2029. ABB will equip the two satellites with multispectral thermal infrared payloads capable of measuring a wide range of environmental parameters, including sea surface temperature and the position of clouds and their motion. Financial details were not disclosed.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ABBNY:
- ABB price target raised to CHF 49 from CHF 45 at JPMorgan
- ABB to acquire Aurora Motors, terms not disclosed
- Goldman downgrades ABB to Neutral following recent outperformance
- ABB downgraded to Neutral from Buy at Goldman Sachs
- ABB downgraded to Hold from Buy at DNB Markets
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.