Business

MDA Acquires Space Systems Loral in Blockbuster Deal (Updated)

In what can only be described as a blockbuster deal, MacDonald, Dettwiler and Associates Ltd (MDA) announced late today that it has acquired a larger company in Space Systems/Loral (SS/L). The announcement comes a day before the MDA’s scheduled investor call and a day after they had announced a significant deal to provide the communications payload for the AMOS-6 Satellite.

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NAV CANADA and Iridium Announce new Joint Mega Hosted Payload Venture: Aireon

NAV CANADA and Iridium today announced a new joint venture to be run under the company Aireon LLC with support from the U.S. Federal Aviation Administration and suppliers Harris Corporation and ITT Exelis. The new company takes advantage of Iridium’s NEXT hosted payload capability and will deliver surveillance capability to Air Navigation Service Providers (ANSPs) around the world and their commercial airline customers.

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RADARSAT Constellation Mission Future and Canadian Space Agency Budget Get MP’s Brief Attention

The future of Canada’s current big space project, the RADARSAT Constellation Mission (RCM) and the Canadian Space Agency budget cut were the subject of questions in yesterday’s House of Commons Question Period. The questions were brought forward by Liberal MP Marc Garneau. Garneau is a former astronaut and Canadian Space Agency (CSA) President and knows a thing or two about space.

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COM DEV Bucks Canadian Space Sector Trend

It’s been a pretty good start to the year for COM DEV, the Cambridge based international space systems company. On April 12th the company reported improved profitability in its quarterly earnings report. Since then they’ve booked three new orders worth US $21 million including a new order today.

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