PALO ALTO, CA, Nov. 26, 2013 /CNW/ - Space Systems/Loral (SSL), a leading provider of commercial satellites, today highlighted its role in supporting NASA's initiative to benefit
from the commercial space industry. Two NASA programs, which recently
reached important milestones, benefited from commercial technology
contribution from SSL.
SSL provided the propulsion system for NASA's Lunar Atmosphere Dust
Environment Explorer (LADEE) spacecraft, which is managed by NASA's
Ames Research Center in Moffett Field, Calif., and currently is
orbiting the moon. Additionally, SSL was awarded the next phase
contract option to put a NASA Laser Communications Relay Demonstration
(LCRD), on a commercial satellite.
SSL, a subsidiary of MDA, has a long history of delivering reliable
satellites and spacecraft systems for commercial and government
customers around the world. As a leading provider of commercial
satellites, the company works closely with satellite operators to
provide spacecraft for a broad range of services including television
and radio distribution, digital audio radio, broadband Internet, and
mobile communications. Billions of people around the world depend on
SSL satellites every day. For more information, visit www.sslmda.com.
MDA is a global communications and information company providing
operational solutions to commercial and government organizations
MDA's business is focused on markets and customers with strong repeat
business potential. In addition, the Company conducts a significant
amount of advanced technology development.
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 internationally.
MacDonald, Dettwiler and Associates Ltd.'s (MDA) common shares trade
under the symbol TSX:MDA.
This release contains forward-looking statements and information, which
reflect the current view of MacDonald, Dettwiler and Associates Ltd.
and its subsidiaries (collectively "MDA" or the "Company") with respect
to future events and financial performance. The forward-looking
statements in this regard include statements regarding the award of a
contract with a governmental agency. Any such forward-looking
statements are based on MDA's current expectations, estimates,
projections and assumptions in light of its experience and its
perception of historical trends. The factors and assumptions underlying
the forward-looking statements in this release include contracts with
any government or intergovernmental agency not being terminated. Any
such forward-looking statements are subject to a number of risks and
uncertainties that could cause actual results to differ materially from
current expectations. MDA cautions readers that should certain risks or
uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary significantly from those expected.
The risks that could cause actual results to differ from current
expectations include, but are not necessarily limited to: changes in
government or intergovernmental priorities, mandates, funding levels,
contracts and regulations; partial or complete termination of a
government funded project; failure of third parties and subcontractors;
failure of systems to meet performance requirements; failure to
anticipate changes in technology, technical standards and offerings or
to comply with the requisite standards.
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 at www.sedar.com or on the Company's website at www.mdacorporation.com.
The Toronto Stock Exchange has neither approved nor disapproved the form
or content of this release.
SOURCE: MacDonald, Dettwiler and Associates Ltd.
For further information:
MDA External Relations