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 …

Read More »

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.

Read More »

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).

Read More »

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.

Read More »

Russian Soyuz Launches with COM DEV exactView-1 Satellite

A Russian Soyuz-FG vehicle launched early Sunday morning from the Baikonur Cosmodrome in Kazakhstan with five satellites onboard including COM DEV’s ExactView-1 as a secondary payload. Other satellites included the primary payloads of the Russian satellite KANOPUS-V1 (Canopus-B) and Belarusian BKA satellite and other secondary payloads MKA-PN1 from Russia and German TET-1.

Read More »