UK’s space company Scisys Group which was involved in the Galileo satellite program of the European Union calls its change of headquarters from Chippenham in England to Dublin in Ireland to be beneficial for its space business.
Scisys Group is a sub contractor of the Spain’s GMV and Thales Alenia Space France. UK’s exit from European Union has put Scisys businesses at risk. The largest revenue producing sector of Scisys was space which generated 21.3 million pounds in 2018. This was however 9.4% lower than that of the previous year. 16.8 million pounds was generated by the Media Solutions sector and 19.9 million pound by its Enterprise Solutions and Defense sector. About 40 million pounds of Scisys business comes from space.
Scisys had said that their change in headquarters to Dublin has enabled them nearly 20 million Euros worth of contract. They are also planning to move more of their space work to Germany. Scisys chief executive, Klaus Heidrich has said that keeping in view of Brexit, all the Galileo activities which Scisys had been delivering from UK will now be transitioned to the German Space center. He said that they are having plans to expand their presence to Bochum, Germany by the mid of 2020. Scisys is also thinking of participating in the potential British navigation system.
Scisys is the major contractor for the German Space Agency DLR’s Heinrich Hertz satellite. This satellite will be using Scisys’ Planiter software. The satellite will be build by OHB. The launch contract has been made with the Ariane Space in 2021 or 2022.
Scisys chairman, Mike Love has said that Scisys is well placed not just for the programs of the European Union but also satellite ground systems related works and on-board systems for UK navigation system. The company employing around 650 people will be retaining its offices in UK in Bristol, Chippenham, Reading and Leicester despite its change in headquarters.