MDA announces successful launch of Canada's DND Sapphire satellite
RICHMOND, BC, Feb. 25, 2013 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
("MDA" or "the Company") (TSX: MDA), a provider of essential information
solutions, announced today that the Sapphire satellite developed by MDA for
Canada's Department of National Defence (DND) has been launched into its
proper orbit, and communication with the satellite has been established. The
satellite was launched out of the Satish Dhawan Space Centre, Sriharikota,
India on February 25, 2013 at 4:26a.m. PST.
Canada's Sapphire is the Department of National Defence's first dedicated
operational military satellite. This space-based electro-optical sensor will
track man-made space objects in Earth's orbit between 6,000 and 40,000 km in
altitude, as part of Canada's continued support of Space Situational
Awareness. Data from the Sapphire satellite will contribute to the U.S. Space
Surveillance Network, enhancing the ability of both countries to detect and
avoid the collision of critical space platforms with other satellites or
pieces of debris.
Daniel Friedmann, MDA's president and CEO said, "We are very pleased to see
the Sapphire satellite successfully launched. This is MDA's first solution for
the growing space surveillance market. Studies have shown that with increases
in space debris, and the threat to the systems and services growing,
space-based space surveillance will become more and more crucial to provide
collision avoidance capabilities and prevent system and service loss."
MDA will also operate and maintain the Sapphire System for five years
following system commissioning, expected approximately three months from
deployment. The Company's responsibilities include relaying assigned taskings
from DND to the satellite, processing the collected information, and sending
the data to the Sensor System Operations Centre (SSOC) operated by DND at 22
Wing in North Bay, Ontario. Upon receipt of the processed data, the SSOC will
correlate, identify, archive and transmit the information to the United
States' Joint Space Operations Center (JSpOC).
MDA is the prime contractor for the Sapphire program. The Sapphire contractor
team includes Terma A/S of Herlev, Denmark, COM DEV International of
Cambridge, Ontario, and Surrey Satellite Technology Ltd. of Surrey, England.
The launch provider is Antrix Corporation Ltd. of Sriharikota, India.
MDA is a global communications and information company providing operational
solutions to commercial and government organizations worldwide.
MDA's business is focused on markets and customers with strong repeat business
potential. In addition the Company conducts a significant amount of advanced
MDA's well-established global customer base is served by more than 4,500
employees operating from 11 offices located in the United States, Canada, and
The Company's common shares trade under the symbol TSX:MDA.
Terma develops products and systems for defense, non-defense, and security
applications, including command and control systems, radar systems,
self-protection systems for ships and aircraft, space technology, and advanced
aerostructures for the international aircraft industry. The company,
headquartered at Aarhus, Denmark, has a total staff of 1,100 and realized 2011
revenues of USD 248 million, and maintains international subsidiaries and
operations in The Netherlands, Germany, Singapore, and in the U.S.
About COM DEV
COM DEV International Ltd. (www.comdevintl.com) is a leading global provider
of space hardware and services. The company has a staff of 1,300, annual
revenues of $208 million, and facilities in Canada, the United Kingdom and the
United States. COM DEV designs, manufactures, and integrates advanced
products, subsystems and microsatellites that are sold to major satellite
prime contractors, government agencies and satellite operators, for use in
communications, space science, remote sensing and defense applications. The
company has won contracts to supply its equipment on over 900 spacecraft. COM
DEV's majority-owned subsidiary, exactEarth Ltd., provides satellite data
services for global maritime surveillance.
Surrey Satellite Technology Limited (SSTL) is the world's leading small
satellite company, delivering operational space missions for a range of
applications including Earth observation, science and communications. The
Company designs, manufactures and operates high performance satellites and
ground systems for a fraction of the price normally associated with space
missions, with 500 staff working on turnkey satellite platforms, space-proven
satellite subsystems and optical instruments.
Since 1981 SSTL has built and launched 39 satellites - as well as providing
training and development programmes, consultancy services, and mission studies
for ESA, NASA, international governments and commercial customers, with its
innovative approach that is changing the economics of space. Headquartered in
Guildford, UK, SSTL is owned by Astrium BV.
Antrix Corporation Limited is a wholly owned Government of India Company under
the administrative control of the Department of Space, Government of India.
Antrix Corporation Limited was incorporated as a private limited company owned
by Government of India, in September 1992 as a Marketing arm of Indian Space
Research Organization (ISRO) for promotion and commercial exploitation of
space products, technical consultancy services and transfer of technologies
developed by ISRO. Another major objective is to facilitate development of
space related industrial capabilities in India.
Related Websites: www.mdacorporation.com www.terma.com www.comdevintl.com
This news release contains forward-looking statements and information, which
reflect the current view of MacDonald, Dettwiler and Associates Ltd. ("MDA" or
the "Company") with respect to future events and financial performance. When
used in this news release, the words "believes", "expects", "plans", "may",
"will", "would", "could", "should", "anticipates", "estimates", "project",
"intend" or "outlook" or other variations of these words or other similar
expressions are intended to identify forward-looking statements and
information. Actual results may differ materially from the expectations
expressed or implied in the forward-looking statements as a result of known
and unknown risks and uncertainties. Known risks and uncertainties include but
are not limited to: risks associated with operating satellites and providing
satellite services, including satellite construction or launch delays, launch
failures, in-orbit failures or impaired satellite performance; risks
associated with satellite manufacturing, including competition, cyclicality of
MDA's end-user markets, contractual risks, creditworthiness of customers,
performance of suppliers and management of MDA's factory and personnel; risk
associated with financial factors such as volatility in exchange rates,
increases in interest rates, restrictions on access to capital, and swings in
global financial markets; risks associated with domestic and foreign
government regulation, including export controls and economic sanctions; and
other risks, including litigation. The foregoing list of important factors is
not exhaustive. The information contained in this news release reflects MDA's
beliefs, assumptions, intentions, plans and expectations as of the date of
this news release. Except as required by law, MDA disclaims any obligation or
undertaking to update or revise the information herein.
For additional information with respect to certain of these risks or factors,
plus additional risks or factors, reference should be made to the Company's
continuous disclosure materials filed from time to time with Canadian
securities regulatory authorities, which are available online under the
Company's profile at www.sedar.com or on the Company's website at
The Toronto Stock Exchange has neither approved nor disapproved the form or
content of this release.
Wendy Keyzer MDA External Relations (604) 231-2743 firstname.lastname@example.org
SOURCE: MacDonald, Dettwiler and Associates Ltd.
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CO: MacDonald, Dettwiler and Associates Ltd.
ST: British Columbia
NI: ARO SOF
-0- Feb/25/2013 20:36 GMT
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