OHB System
In 1981, Manfred Fuchs, along with his wife Christa, who initially owned the shares, became involved with Otto Hydraulic Bremen (OHB), a small enterprise situated in Hemelinger port specializing in hydraulic and electrical engineering works. At the time, OHB had a modest workforce of five employees and primarily serviced the Bundeswehr (German Federal Defense). By 1985, following his departure from ERNO, Fuchs assumed full control of OHB, steering the company towards satellite technology and aerospace engineering. Among its early ventures, OHB manufactured components for the Airbus A380 aircraft.
Under Fuchs' leadership, the company experienced significant growth, expanding its workforce to approximately 1,600 employees by 2009. OHB established its headquarters in the Technology Park adjacent to the University of Bremen, aligning itself closely with the academic and research community. The firm notably contributed to military reconnaissance efforts, supplying the German Bundeswehr with the SAR-Lupe satellite reconnaissance system, and also provided satellite data to Frontex, the European Border and Coast Guard Agency.
By 2009, OHB had achieved a turnover of 320 million Euros, positioning itself as the third-largest aerospace group in Europe, trailing only behind EADS and Thales Group. The acronym OHB, which stands for high-technology Bremen orbitals since 2000, reflects the company's dedication to pioneering space technology. Manfred Fuchs played a pivotal role in the company's ascent, serving as its chairman.[1] Ownership of OHB remained largely within the Fuchs family, holding approximately 70% of the company shares, even as it transitioned to a publicly traded entity.
In 2010 the company was awarded the contract for the construction of satellites for the Galileo project, a European GPS system and the contract for the European Meteosat project. The subsidiary MT Aerospace in Augsburg the Fuchs Group is the largest German supplier for the Ariane rocket.