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DXC Boosts Connectivity for Space Exploration

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DXC Technology (NYSE: DXC) has secured a five-year contract with the European Space Agency (ESA) to provide advanced network and security services. This initiative aims to enhance connectivity for ESA's international workforce of scientists and engineers, enabling seamless collaboration on critical space missions.

DXC will implement the latest software-defined network technology and its Platform X for intelligent automation, improving scalability and security. This contract reinforces DXC's long-standing partnership with ESA and addresses the increasing demand for advanced IT infrastructure.

Positive
  • Secured a five-year contract with ESA, enhancing revenue visibility.
  • Implementation of software-defined network technology expected to improve efficiency.
  • Extension of a 14-year relationship with ESA, indicating strong client trust.
Negative
  • Dependence on a single contract may pose risks to revenue stability.
  • High expectations for IT transformation may lead to pressure on DXC's resources.

Five-year network services contract strengthens connectivity and collaboration across the European Space Agency

LONDON, June 8, 2022 /PRNewswire/ - DXC Technology (NYSE: DXC) has been awarded a multi-year contract to deliver network and security services to provide the European Space Agency (ESA)'s international workforce of scientists, engineers and IT specialists with scalable and secure network services enabling them to collaborate seamlessly from anywhere on their space activities.

Through the agreement, DXC will contribute to ESA's work to develop Europe's space capability, helping enable missions that study the Universe, explore our Solar System and orbit Earth, obtaining crucial data that allow us to monitor and mitigate the effects of climate change.

DXC will help transform ESA's terrestrial network environment with the latest software-defined network technology designed to improve network scalability, performance, and security. As a result, ESA's global workforce will collaborate more efficiently with colleagues and international partners on some of the world's leading science and exploration missions. In parallel, the implementation of DXC's Platform X, a new data-driven intelligent automation platform, will enable ESA to achieve a state of silent operations for its network and security systems.

"We are proud to extend our successful, 14-year relationship with ESA," said Chris Halbard, EMEA President, DXC Technology. "This is the ultimate example of 'mission-critical' and how a leading global organization relies on our experts and solutions for research which is literally critical to the future of the world."

Filippo Angelucci, ESA's Chief Information Officer, said: "Ensuring reliable core IT services to our user community has helped us operate without interruptions during the Covid-19 crisis. However, the new normal has also accelerated the pace of change within the Agency and the demand for more advanced and secure infrastructure."

"We expect DXC to work with us to further accelerate our IT transformation toward more flexible and secure platforms to support our user communities in their relentless quest for innovative solutions."

DXC's Global Network Services, including campus and geographical area networks, remote access, network security solutions and services and service management integration via DXC's Platform X, will enable ESA to manage highly complex projects with confidential data to support the next chapter of space exploration and create new markets for space technologies.

About DXC Technology
DXC Technology (NYSE: DXC) helps global companies run their mission critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world's largest companies and public sector organizations trust DXC to deploy services across the Enterprise Technology Stack to drive new levels of performance, competitiveness, and customer experience. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.

More information on the European Space Agency via: http://www.esa.int

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SOURCE DXC Technology Company

FAQ

What is the recent contract awarded to DXC Technology for ESA?

DXC Technology has been awarded a five-year contract to provide network and security services for the European Space Agency.

How will the contract with ESA impact DXC's operations?

The contract will enable DXC to implement advanced network technologies, enhancing its service offerings and revenue.

What technology will DXC implement for ESA as part of the contract?

DXC will implement software-defined network technology and its Platform X for data-driven intelligent automation.

When was the contract between DXC and ESA announced?

The contract was announced on June 8, 2022.

How does DXC's relationship with ESA benefit the company?

The long-standing relationship with ESA reinforces client trust and provides a stable revenue stream.

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