RICHMOND, BC, Feb. 4 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
(TSX: MDA), a provider of essential information solutions, announced today it
has successfully delivered the RapidEye information solution to its customer,
RapidEye AG in Germany, thereby enabling commencement of commercial
The RapidEye information solution includes a constellation of five Earth
Observation satellites and the related ground infrastructure. RapidEye AG is a
commercial business who will deploy this solution to deliver agricultural land
information products and services such as crop monitoring and mapping, yield
prediction, and natural disaster assessment.
The satellite constellation for the RapidEye information solution was
developed by MDA and launched in August 2008. Since then MDA has been
commissioning and calibrating the system to ensure optimal performance of both
the space and ground segments.
Steve Oldham, MDA's vice president in charge of this business said, 'We
are extremely pleased with the delivery of the RapidEye System to RapidEye AG.
This demonstrates MDA's ability to deliver an end-to-end information solution
based on an advanced operational smallsat mission at a very attractive
price/perfomance ratio. We look forward to supporting our customer in their
RapidEye's CEO, Wolfgang Biedermann, stated that, "Not only will they be
able to begin selling their data products, but they will now be able to
integrate imagery into current services for Southern Hemisphere clients and be
ready for the upcoming Northern Hemisphere growing season."
The Canadian Commercial Corporation, a Government of Canada crown
corporation, is acting as the contracting agency between MDA and RapidEye AG.
MDA provides advanced information solutions that capture and process vast
amounts of data, produce essential information, and improve the decision
making and operational performance of business and government organizations
Focused on markets and customers with strong repeat business potential,
MDA delivers a broad spectrum of information solutions, ranging from complex
operational systems, to tailored information services, to electronic
MDA employs more than 3,300 people in locations across the United States,
the United Kingdom, and Canada. The Company's common shares trade on the
Toronto Stock Exchange under the symbol TSX:MDA.
This release contains forward-looking statements and information, which
reflect the current view of MacDonald, Dettwiler and Associates Ltd. with
respect to future events and financial performance. Any such forward-looking
statements are subject to risks and uncertainties and MDA's actual results of
operations could differ materially from historical results or current
expectations. Additional information on these and other potential factors that
could affect MDA's financial results are detailed in documents filed from time
to time with the applicable Canadian securities regulatory authorities.
The Toronto Stock Exchange has neither approved nor disapproved the form
or content of this release.
For further information:
For further information: Wendy Keyzer, MDA External Relations, (604)