Tag Archives: COM DEV

Cambridge Facility Sees Workforce Reduction of 49% Since Honeywell Acquired Com Dev International

Honeywell Cambridge Office, formerly COM DEV

In late July, the news publication the Waterloo Region Record ran a story about layoffs by Honeywell at its Cambridge, Ontario facility. The number of people laid off was not disclosed at the time. However, local radio station News 570 reported on September 1 that 140 people had started to receive notice in late July.  Scott Sayres, Honeywell Director of Communications told SpaceQ that the …

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COM DEV Reportedly up For Sale

One of Canada’s larger space companies is reportedly up for sale. The report by Reuters says COM DEV approached several companies about a possible sale. On the news COM DEV’s stock shot up and trading was halted for about three hours.

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The Government Invests $13.1 Million in 38 Space Technology Development Projects

This past Friday the Honourable Gary Goodyear, Minister of State (Federal Economic Development Agency for Southern Ontario) announced at the headquarters of COM DEV International that the government had selected 21 companies and 38 research and development projects to fund as part of the Canadian Space Agency’s (CSA) Space Technology Development Program (STDP).

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