Honeywell is a global company with over 130,000 employees of which about 3600 are based in Canada. In 2015 the company announced it was acquiring Cambridge, Ontario based COM DEV. It was seen as a smart move at the time.
Read More »
The Canadian Space Agency has awarded two QEYSSat Phase A contracts to Neptec and COM DEV as Canada looks to establish a space based satellite quantum encryption capability.
Read More »
The Canadian Space Agency (CSA) has awarded a $1.534 million to COM DEV (Honeywell Canada) for a Focal Plane Array for Coastal & Inland Water Color Hyperspectral Imager as part of the Space Technology Development Program.
Read More »
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 »
Today we’re introducing our new Tuesday feature, Short Cuts. These are short notes on awarded contracts, new tenders, upcoming notable events and any noteworthy news. If you would like to submit a Short Cut, please email us at tips@spaceref.com with the words Short Cuts in the subject line.
Read More »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 »
As COM DEV announced its fourth quarter and year-end fiscal 2014 results today they announced that they would be closing their only U.S. facility in El Segundo, California effective March 16, 2015.
Read More »Ontario Premier Kathleen Wynne was in Cambridge Ontario to announce a $1-million grant to COM DEV to boost the company in creating more jobs and keeping it’s place as a top company in the space sector.
Read More »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 »COM DEV International Ltd. announced that it has won a contract to begin work on the development of an advanced satellite payload that will be used in the next generation of the global search and rescue system known as Cospas-Sarsat.
Read More »
SpaceQ Space news and analysis.