Manfred Krischke and Peter Müller-Brühl take over still available minority shares

March 2021

Renowned tech and space entrepreneurs join HPS Munich

It was sealed with a short signature ceremony on March 17, 2021: Manfred Krischke and Peter Müller-Brühl are now co-partners of the leading German space company HPS GmbH, Munich.

Last year, the specialist for technically sophisticated and innovative mechanical-, thermal-, and antenna-subsystems prevailed against all competition as the consortium leader of a group of fifteen space companies from seven countries, and with the order for the development and production of a self-deploying 8 meter arm- and reflector-subsystem for earth observation, the 100 Million Euro limit broken for a single project.

In addition, the company is, under the management of the main managing partner Dr. Ernst K. Pfeiffer, in a worldwide race to develop an automatic return system (so-called de-orbiting) for disused satellites and rocket parts; options for the self-deploying decelerating sail ADEO in various sizes are already being accepted from all over the world. And finally, HPS Munich, just like the subsidiary in Romania, is well positioned in conventional business with project orders from the areas of telecommunications, space exploration, earth observation and security, despite all the adversities of the corona situation. HPS remains in the possession of German space enthusiasts: in addition to the new investors and main shareholder CEO Pfeiffer, the HPS group of shareholders also includes a private investor and four senior employees. In addition, there is a small participation by another space SME.

“This mixture of ‘New Space’ and conventional ESA, DLR and EU business is a solid basis for long-term sustainable business success”, Krischke is certain: “At HPS, courageous innovative genius and many years of experience come together for what is feasible. That is the formula for success of HPS. “Peter Müller-Brühl sees great opportunities in the potential of HPS: “Similar to Clean-Energy, Clean-Green-Space will very soon also become a global socio-political demand in view of the tens of thousands of planned satellites space debris is already an important topic for many people. With the deorbiting solution from HPS, we will bring sustainability to the space industry”.

Last but not least, these prospects are reflected in the company’s value. HPS does not give exact figures, however, HPS CEO Pfeiffer notes: “We see it as a great honor that Messrs. Müller-Brühl and Krischke, as experienced space entrepreneurs, decided to engage themselves in HPS, especially because of the high potential for increased value recognize via the NewSapce or commercial space line from HPS that we – I am sure – will lift very quickly together with our new members of the ‘HPS family’.”

Indeed, Krischke and Müller-Brühl are highly experienced high-tech and space managers – Kayser Threde, RapidEye, Daimler, GreenCom Networks are just a few key words from their professional careers. What they have in common is the founding of Cloudeo AG as the largest independent platform for satellite-based geodata and applications. In addition, both are active as members of the supervisory board of Mynaric AG, the world’s leading technology provider for satellite-based telecommunications via laser, another “Shooting Star” in the German space sky.