(Alliance News) - Officina Stellare Spa announced Wednesday that it has been awarded a new contract with the European Space Agency to build a complete optical ground station for Lasercom applications for the European Space Operations Center ESOC in Darmstadt, Germany.

The 24-month contract has a total value of about EUR3.5 million and is part of the ESA GSTP General Support Technology Program, which supports research and development of highly innovative technologies.

The project will see two development phases: the first related to the design and development of the subsystems, and the second related to the prototyping and validation of the OGS, worth EUR1.5 million and EUR2 million respectively.

Officina Stellare closed Tuesday in the red by 0.5 percent at EUR10.85 per share.

By Chiara Bruschi, Alliance News reporter

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