Business

Canada’s Challenge: Launching Our Own Satellites

Last week COM DEV announced that Canada’s earth observation Maritime Monitoring and Messaging Microsatellite (M3MSat) launch was being postponed at the insistence of the Government of Canada, a by-product of political tensions in the Ukraine with Russian as the instigator. This is a situation that need not have happened if Canada had a progressive space policy in place.

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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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