CAMBRIDGE, ON, Feb. 5 /CNW/ - COM DEV International Ltd. (TSX:CDV) today
announced that it has been awarded a $5.4 million contract to begin work on
Phase B of the Canadian Space Agency's RADARSAT Constellation Mission (RCM).
The contract will be with MacDonald, Dettwiler and Associates Ltd (MDA). COM
DEV's role includes the development of key payload subsystems, with a focus on
risk retirement and testing of early prototypes. Work on this phase is
expected to be completed at COM DEV's Cambridge facility over the next 14
months. The program will be funded in phases and COM DEV anticipates being
involved on follow-on activities for final design, qualification and build of
its payload subsystems.
"The existing RADARSAT spacecraft are world renowned for their
breakthrough capabilities, and we are very excited to be participating in the
next generation of the program which will advance that technology even
further," said John Keating, CEO of COM DEV. "This program will be one of the
largest ever undertaken by the Canadian Space Agency, and will provide a
multitude of benefits to Canada."
The RADARSAT Constellation will be a specialized fleet of Earth
Observation satellites designed to complement the Canadian Space Agency's
legacy RADARSAT Program by providing more timely and comprehensive data than
is currently available. The baseline mission includes three satellites planned
for launch in 2012, 2013 and 2014, but the constellation is designed to be
scalable to six satellites. The constellation's objectives include frequent
surveillance and monitoring of Canada's coastal areas, northern territories,
Arctic waterways, maritime areas of strategic interest and resource management
across the country. The RADARSAT Constellation will also support Canada's
contribution to global disaster management and surveillance.
About COM DEV
COM DEV International Ltd. (www.comdevintl.com) is a leading global
designer and manufacturer of space hardware subsystems. With facilities in
Canada, the United Kingdom and the United States, COM DEV manufactures
advanced products and subsystems that are sold to major satellite prime
contractors for use in communications, space science, remote sensing and
This news release may contain certain forward-looking statements that
involve risks and uncertainties. Actual results may differ materially from
results indicated in any forward-looking statements. The Company cautions
that, among other things, in view of the rapid changes in communications
markets and technologies, and other risks including the cost and market
acceptance of the Company's new products, the level of individual customer
procurements and competitive product offerings and pricing, and general
economic circumstances, the Company's business prospects may be materially
different from forward-looking statements made by the Company.
The triangular logo and the word COM DEV are each registered trademarks
and the property of COM DEV Ltd. All rights reserved.
For further information:
For further information: Gary Calhoun, Chief Financial Officer, Tel:
(519) 622-2300, ext. 2826, Fax: (519) 622-2158, firstname.lastname@example.org; Jeff
Codispodi, The Equicom Group, Tel: (416) 815-0700, ext. 261, Fax: (416)