SciSys (LON: SSY), the specialist supplier of bespoke software systems, IT based solutions and support services is pleased to provide an update on a number of recent contract wins by its Space Division.
The SciSys Space Division is a leading supplier of spacecraft ground software systems and onboard software to the European Space Agency and many other customers worldwide. In the period since 30 September 2011, the Division has been awarded contracts worth in excess of â¬12 million in aggregate on projects for European Space Agency and European Commission programmes.
Commenting on the contract successes, Mike Love, Chairman of SciSys PLC, said:
"These contracts provide very good visibility for the Space Division, adding â¬12m to the order book, whilst additionally underpinning the improvement in Space UK margins following the restructuring."
At 9:33am: (LON:SSY) share price was +0.25p at 51.5p
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