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MDA Signs Extensions to Long-Term RADARSAT-2 Information Supply Contracts

Press Release From: MacDonald, Dettwiler and Associates Ltd.
Posted: Thursday, February 2, 2017

MacDonald, Dettwiler and Associates Ltd. (“MDA” or the “Company”) (TSX:MDA), a global communications and information company, today announced that it has signed three contract amendments with international customers to provide information collected by the RADARSAT-2 satellite.  The contracts total approximately CA$8 million.

“Our customers have complex requirements.  MDA is gratified to be a long-term partner in the satisfaction of those requirements and in enabling our customers to achieve mission success,” said David Belton, the vice president responsible for this business.

The contracts include:

  • extending the provision of RADARSAT information to EarthSTAR Inc., a subsidiary of EarthView Image Inc., up to December 31, 2021. EarthSTAR uses the information primarily for land monitoring and change detection.
  • extending the provision of RADARSAT-2 information to the Norwegian Space Centre (NSC) until December 31, 2018. NSC uses the information for various maritime and terrestrial applications
  • extending the provision of RADARSAT-2 information until December 31, 2018 to Kongsberg Satellite Services (KSAT). KSAT will use the RADARSAT-2 information primarily for ship detection, oil pollution detection, and ice monitoring.

The RADARSAT-2 satellite has global high-resolution surveillance capabilities that include a large collection capacity and high accuracy data acquisition. The satellite acquires data regardless of light or weather condition, and provides frequent re-visit imaging options. The information provided is ideally suited to markets that require either broad-area monitoring or targeted surveillance, such as defence and security, land use management, agriculture, disaster management, and natural resources.

About MDA

MDA is a global communications and information company providing operational solutions to commercial and government organizations worldwide.

MDA’s business is focused on markets and customers with strong repeat business potential, primarily in the Communications sector and the Surveillance and Intelligence sector. In addition, the Company conducts a significant amount of advanced technology development.

MDA’s established global customer base is served by more than 4,800 employees operating from 15 locations in the United States, Canada, and internationally.

The Company’s common shares trade on the Toronto Stock Exchange under the symbol “MDA.”

Related Websites
www.mdacorporation.com

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