ESA (European Space Agency) awards cost engineering contracts to MOLTEK

Within the European Space Agency’s Technical Directorate Moltek has won Industrial Support contracts in the Cost Engineering area. Moltek are providing ESA with standard cost engineering services together with assistance in the management of the ECOS software.

The work includes Cost Estimating, data collection, analysis, and normalisation and requires Cost model development. Cost Estimations including schedule and cost risk estimates, as well as Provision of Cost Estimate reports according to the ESA standards are a necessary part of the work. Moltek consultants are providing expertise to Benchmark and calibrate internal and external cost models.

The European Space Agency is Europe’s gateway to space. Its mission is to shape the development of Europe’s space capability and ensure that investment in space continues to deliver benefits to the citizens of Europe.

ESA has 17 Member States. By coordinating the financial and intellectual resources of its members, it can undertake programmes and activities far beyond the scope of any single European country.

ESA’s job is to draw up the European space programme and carry it through. The Agency’s projects are designed to find out more about the Earth, its immediate space environment, the solar system and the Universe, as well as to develop satellite-based technologies and services, and to promote European industries. ESA also works closely with space organisations outside Europe.