Posted: Saturday, June 26, 2010
MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today it has signed a multi-million dollar contract with e-GEOS, a leading provider of satellite services in Europe to provide a RADARSAT ground information solution into their existing ground station in Matera, Italy. The solution includes a RADARSAT-2 and RADARSAT-1 reception and processing capability and grants RADARSAT data distribution rights to e-GEOS for the European Union in support of a variety of maritime and land surveillance applications.
This contract represents MDA's tenth RADARSAT-2 ground information solution. This number includes both new and upgraded systems.
MDA provides advanced information solutions that capture and process vast amounts of data, produce essential information, and improve the decision making and operational performance of business and government organizations worldwide.
Focused on markets and customers with strong repeat business potential, MDA delivers a broad spectrum of information solutions, ranging from complex operational systems, to tailored information services, to electronic information products.
The Company's common shares trade on the Toronto Stock Exchange under the symbol TSX:MDA.
e-GEOS, a joint venture between Telespazio (80%) and the Italian Space Agency (20%), is active in all areas relating to earth observation, from collecting and processing satellite data to developing and marketing products. In 2009, e-GEOS acquired control of Telespazio's Earth Observation division, which had over 20 years' experience in developing innovative solutions for all customer categories, and of Eurimage SpA, a company that manufactures earth observation satellite products and services.
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