OHB SE Charts Course for Lunar Commerce with New Venture

German aerospace firm OHB pivots to moonport operations, reports 21% revenue surge to €1.25B, and confirms stock exchange listing for future growth.

The German aerospace group OHB SE has outlined an ambitious strategic pivot that extends its operations beyond Earth's orbit. During a recent presentation at the Munich Space Summit, the Bremen-based company emphasized its role in shaping lunar infrastructure, moving from conceptual plans to tangible partnerships and active program contributions.

Financial Foundation Supports Ambitious Goals

This strategic shift is underpinned by a period of strong operational performance. For the 2025 fiscal year, OHB reported a 21 percent increase in revenue, reaching approximately €1.25 billion. Its adjusted EBIT stood at €84 million. Notably, in the final quarter, the company's adjusted EBITDA margin hit 11.6 percent, surpassing its own full-year target set for 2026.

The order backlog has also swelled to a record €3.19 billion. A book-to-bill ratio exceeding 1.5 indicates that new contracts are being secured at a significantly faster rate than existing ones are being completed.

European Moonport Company Established

A key development in OHB's extraterrestrial strategy is the formal creation of the European Moonport Company. Founded on February 4, 2026, with Bavarian Minister-President Markus Söder in attendance, the venture is headquartered in Oberpfaffenhofen near Munich. Established in partnership with Munich Airport International, the company has already produced an initial concept for a lunar launch and landing facility, establishing moonport operations as a distinct business segment.

This initiative is not an isolated project. OHB is already supplying subsystems for the ESA's Argonaut lunar lander, scheduled for its maiden launch in 2031. Furthermore, the company serves as a subcontractor for the ESPRIT module of NASA's Lunar Gateway space station. The emerging lunar infrastructure is thus being built upon a foundation the company has been methodically assembling.

Ariane 6 Success and Listing Decision Provide Momentum

Additional positive momentum comes from MT Aerospace, OHB's Ariane 6 subsidiary. In mid-February 2026, the launch vehicle successfully completed its first commercial mission, deploying 32 satellites for Amazon's broadband constellation into orbit. Amazon's booking of 18 launches—the largest commercial contract in Arianespace's history—ensures predictable utilization for MT Aerospace for years to come.

Concurrently, OHB has resolved a significant point of market speculation. The management board has confirmed the company will maintain its stock exchange listing, ending months of conjecture about a potential delisting. Leadership cited the confidence that capital market transparency fosters among clients, alongside the strategic benefit of accessing public markets to finance future growth, as key reasons for the decision.

Forward-Looking Targets

Looking ahead, OHB has set its sights on revenue of €1.4 billion with an EBITDA margin of 11 percent for 2026. The company's longer-term ambition is to achieve the €2 billion revenue mark by 2028. Investors will gain their next insight into ongoing business performance on May 7, 2026, when OHB releases its results for the first quarter.