MDA to deliver SAR information for mission-critical support
Media Release: August 29, 2018
Richmond, BC - MDA, a Maxar Technologies company (formerly MacDonald, Dettwiler and Associates Ltd.) (NYSE: MAXR) (TSX: MAXR) today announced that it has signed a five-year agreement with an undisclosed customer, to provide broad area land and maritime surveillance imagery from MDA’s RADARSAT-2 synthetic aperture radar (SAR) satellite in support of a global defence and security mission. The agreement is for an initial period of two years with an estimated value of CA$10 million per year, and three additional option years. In May 2013, MDA announced a related agreement for the supply of space-based radar surveillance and intelligence information.
Mike Greenley, group president of MDA said, “MDA is an industry leader in the delivery of mission-critical, near real-time information solutions to customers with complex and demanding operational requirements. Since the launch of RADARSAT-1 in 1995, MDA has established itself as a trusted and reliable partner serving repeat customers with high-availability space surveillance products and services. We are very pleased that the customer community is continuing the legacy of signing long-term supply contracts for our data.”
MDA is an internationally recognized leader in space robotics, space sensors, satellite payloads, antennas and subsystems, surveillance and intelligence systems, defense and maritime systems, and geospatial radar imagery. MDA's extensive space expertise and heritage translates into mission-critical defence and commercial applications that include multi-platform command, control and surveillance systems, aeronautical information systems, land administration systems and terrestrial robotics. MDA is also a leading supplier of actionable mission-critical information and insights derived from multiple data sources. Founded in 1969, MDA is recognized as one of Canada's most successful technology ventures with locations in Richmond, Ottawa, Brampton, Montreal, Halifax and the United Kingdom. MDA is a Maxar Technologies company (TSX: MAXR; NYSE: MAXR). For more information visit www.mdacorporation.com.
As a global leader of advanced space technology solutions, Maxar Technologies (formerly MacDonald, Dettwiler and Associates) is at the nexus of the new space economy, developing and sustaining the infrastructure and delivering the information, services, systems that unlock the promise of space for commercial and government markets. As a trusted partner, Maxar Technologies provides vertically-integrated capabilities and expertise including satellites, Earth imagery, robotics, geospatial data and analytics to help customers anticipate and address their most complex mission-critical challenges with confidence. With more than 6,500 employees in over 30 global locations, the Maxar Technologies portfolio of commercial space brands includes MDA, SSL, DigitalGlobe and Radiant Solutions. Every day, billions of people rely on Maxar to communicate, share information and data, and deliver insights that Build a Better World. Maxar trades on the Toronto Stock Exchange and New York Stock Exchange as MAXR. For more information visit www.maxar.com.