StockMarketWire.com - Software system provider Scisys Group said its German unit had won a €11.2m contract from Thales Alenia Space France for a space satellite programme.

The contract, which would start in December and continue until June 2020, related to the continuation and further enhancement of four Galileo Ground Mission Segment elements.

This work involved enhanced functions, improved security and cyber resilience capabilities in the next phase of the Galileo programme.

Galileo is a European global navigation satellite system, providing a highly accurate, guaranteed global positioning service under civilian control, Scisys said.




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