Rovsing

Regulatory Filings • Oct 21, 2016

Announcement no. 240

For the first time since the acquisition of DSTE intellectual property rights
in 2013 from the former Dutch company SSBV Space & Ground B.V., Rovsing
delivered two DSTE based spacecraft simulator systems (SIS) to Airbus DS
(Toulouse) in the frame of the ESA satellite programme JUICE (Jupiter Icy Moons
Explorer). These simulators allow JUICE scientists to test and verify their
science payloads without the need of connecting them to the spacecraft
platform.

While the first SIS was integrated and tested in Noordwijk (NL) in the frame of
an agreed know-how transfer together with Celestia STS, a new company which has
taken over know-how and personnel from SSBV, the second system was integrated
and tested at Rovsing’s premises in Skovlunde (DK). ”This is a clear indication
that Rovsing successfully pursues its DSTE know-how transfer programme,” says
Cristian Bank, CEO of Rovsing since January 2016.

In total, Rovsing is contracted to deliver 16 JUICE simulator systems over the
next weeks. “We are now well under way to integrate and deliver in time all
remaining simulator systems to the scientists all over Europe,” added Hjalti
Pall Thorvardarson, Head of Systems & Services of Rovsing.

In parallel, Rovsing builds other DSTE based test systems for other customers
and ESA programmes that greatly benefit from the successful implementation of
the JUICE SIS. After the successful closeout of the four year long Solar Array
Simulator (SAS) development programme earlier this year and four deliveries of
SAS based power test systems between May and August, the start-up of DSTE based
deliveries is an important landmark for making Rovsing’s system and product
business profitable.

Further information

SSBV-Rovsing A/S,

Cristian Bank, CEO; cbk@rovsing.dk or Hjalti P. Thorvardarson, hpt@rovsing.dk

www.rovsing.dk