MDA Space Chorus

Tag Archives: COM DEV

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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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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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.

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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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