Posted: Monday, July 23, 2012
MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that it has signed a contract amendment for CA$11.9 million to increase its provision of RADARSAT-2 satellite imagery to Europe's Global Monitoring for Environment and Security (GMES) program. The additional RADARSAT-2 imagery addresses the gap in data availability created by the recent loss of the European Space Agency's (ESA) ENVISAT satellite and fulfills ESA's maritime monitoring needs until the full operational capacity of the Sentinel-1A satellite is available, which is expected around mid-2014.
The RADARSAT-2 imagery will be used to provide mission critical information for sea ice monitoring of the Baltic Sea, Arctic Ocean, and Antarctic Ocean throughout the ice seasons, improving the safety of maritime navigation and supporting environmental monitoring as part of the GMES program. GMES was established to provide users in Europe with access to accurate and timely information services to better manage the environment, understand and mitigate the effects of climate change and ensure civil security.
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 worldwide.
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 information products.
The Company's common shares trade on the Toronto Stock Exchange under the symbol TSX:MDA.
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