Posted: Wednesday, May 13, 2015
MacDonald, Dettwiler and Associates Ltd. (“MDA” or the “Company”) (TSX:MDA), a global communications and information company, today announced that it has signed a five-year contract amendment valued at CA$3.3 million to provide RADARSAT-2 information to the Netherlands Space Office (NSO). MDA has been providing RADARSAT-2 information to the NSO since 2012.
The RADARSAT-2 information will be used to provide Interferometric Synthetic Aperture Radar (InSAR) information for government users as well as scientific and research purposes through the NSO Satellite Data Portal, a portal that enables the government of The Netherlands to disseminate satellite imagery to Dutch entities.
The RADARSAT-2 satellite is capable of collecting images through all weather conditions, 24 hours a day. It is able to repeatedly image the same location on Earth over time, from the same orbital position, and generate data that is processed using InSAR techniques to measure the movement of ground features to millimetres-level accuracy.
MDA is a global communications and information company providing operational solutions to commercial and government organizations worldwide.
MDA’s business is focused on markets and customers with strong repeat business potential, primarily in the Communications sector and the Surveillance and Intelligence sector. In addition, the Company conducts a significant amount of advanced technology development.
MDA’s established global customer base is served by more than 4,800 employees operating from 11 locations in the United States, Canada, and internationally.
The Company’s common shares trade on the Toronto Stock Exchange under the symbol “MDA.”
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