Denel Overberg Test Range back in the black - defenceWeb

South Africa's Denel Overberg Test Range Projects Multi-Year Profitability - Space in Africa

The Denel Overberg Test Range, South Africa’s premier facility for developing rocket testing and launch capabilities, is projecting sustained profitability […] The post South Africa’s Denel Overberg Test Range Projects Multi-Year Profitability appeared first on Space in Africa.

Denel Overberg Test Range back in the black - defenceWeb

Denel expects its Overberg Test Range (OTR) in the Western Cape to be profitable over the next three years thanks to a healthy order pipeline, including a possible satellite launch. In its 2025-2026 Corporate Plan, tabled in Parliament in June, the company predicts a R9 million profit for the Denel OTR in 2025/26; a R4 million profit in 2026/27, and a R5 million profit in 2027/28. This is on the back of over R400 million in planned sales over th…