SEA Wins ?3.5million contract

RNS Number : 4134P

Cohort PLC

15 July 2010

 



15 July 2010                                                                                                                                                 AIM: CHRT

PRESS RELEASE

COHORT PLC ("Cohort")

SEA Wins €3.5million contract for EarthCARE Programme

Cohort, the independent technology group, today announces that its wholly-owned subsidiary SEA has been selected by Surrey Satellite Technology Ltd. (SSTL) to provide an Instrument Control Unit (ICU) for the European Space Agency's EarthCARE mission, a contract valued at circa €3.5 million.

Under this contract, SEA will work alongside the prime, SSTL, to develop and produce the ICU for the Multi-Spectral Imager instrument on board the EarthCARE satellite, a €263 million joint Japanese-European project, which will be used to gain a better understanding of the interactions between cloud, radioactive and aerosol processes that play a role in climate regulation.

The Multi-Spectral Imager, which will collect images of the earth to support the measurement of cloud and aerosol properties, will rely on the ICU to collect scientific data and provide ground status commands whilst in flight.

SSTL is part of EADS Astrium the prime contractor for the EarthCARE satellite development.  SEA is optimistic of further collaboration opportunities ahead of the satellite launch in 2013.

Commenting on the contract, Andrew Thomis, Chief Executive of Cohort plc, said:

"We are delighted to have secured this significant contract which is testament to the quality of our technology and capabilities.  We continue to grow in the space market and look forward to further building our relationship with both SSTL and Astrium."

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For further information, please contact

Cohort plc	Andrew Thomis, Chief Executive Simon Walther, Finance Director	[phone]
Investec	Keith Anderson, Daniel Adams	[phone]
Hogarth	Reg Hoare, Vicky Watkins	[phone]

Cohort plc (www.cohortplc.com)  

Cohort is an independent technology group working primarily for defence (air, land and sea), wider government and industry clients, through three market-facing subsidiary companies:

·     MASS (www.mass.co.uk) - a specialist systems house with considerable experience in the defence market and a focus on Information Systems.  Based in Cambridgeshire, MASS was acquired by Cohort in August 2006;

·     SCS (www.scs-ltd.co.uk) - a defence consultancy, combining technical expertise with practical experience and domain knowledge. Owned by Cohort since flotation in March 2006;

·     SEA (www.sea.co.uk) - an advanced surveillance systems and software house with hardware development capability operating in the defence, space, transport and offshore market sectors. Acquired by Cohort in October 2007.   

Cohort (AIM: CHRT) was admitted to London's Alternative Investment Market in March 2006. It has its headquarters in Oxfordshire and, through its operating companies, employs in total around 500 core staff there and at bases in Bristol, Cambridgeshire, Oxfordshire, Lincolnshire and Somerset.

 

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