RICHMOND, BC, April 8 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
(TSX: MDA), a provider of essential information solutions, announced today it
has signed a strategic agreement with RapidEye AG (RapidEye), provider of
commercial satellite imagery products and services, to become the exclusive
supplier of RapidEye satellite ground stations based on MDA direct downlink
solutions, to the global surveillance and reconnaissance market.
The RapidEye information solution includes a constellation of five Earth
Observation satellites and the related ground infrastructure. RapidEye
delivers land information products and services derived from the RapidEye
constellation to enable monitoring, mapping, and disaster management
As part of the agreement, MDA will provide surveillance and
reconnaissance customers with ground systems capable of programming, receiving
and processing imagery from the constellation of RapidEye satellites. These
systems will be offered both as additions to existing satellite ground
stations and as completely new ground stations.
David Hargreaves, one of MDA's vice presidents in the Information Systems
group said, 'The strategic cooperation agreement established between MDA and
RapidEye will enable our team to provide our operational defense and
intelligence customers with secure near real-time direct access to the broad
area surveillance capabilities of the RapidEye constellation.'
Wolfgang Biedermann, CEO, RapidEye said, 'The expansion of the RapidEye
offering to include direct data downlink services will complement RapidEye's
core products and services business and will allow RapidEye to serve even more
customers with near real-time imaging requirements.'
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 3,200 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)