Polar Communications and Weather Satellite Project One Step Closer to Reality

The Canadian government today released a Request for Information (RFI) for the Polar Communications and Weather (PCW) Project signalling that is prepared to move forward with a project seen as crucial in ensuring Canada’s sovereignty over the Canadian arctic and would provide reliable 24/7 tactical narrowband and wideband communication, weather imaging and space weather monitoring.

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COM DEV Stock Upgraded on New Order

COM DEV (TSE:CDV) which on October 10th announced its largest commercial contract of $65 million ever, saw its stock target price boosted to $5.00 from $4.75 the next day by Canaccord Genuity. The renewed confidence in the company comes as analysts believe the company has rebounded from the lows of 2011.

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