MDA to advance technologies for Canada's space program
Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today it has received funding from the Canadian Space Agency to advance key technologies to meet current and future needs of the Canadian Space Program. The three contracts are funded under the Space Technologies Development Program.
For immediate release: November 11, 2009
Richmond, B.C. - MacDonald, Dettwiler and Associates
Ltd. (TSX: MDA), a provider of essential information solutions,
announced today it has received funding from the Canadian Space Agency to
advance key technologies to meet current and future needs of the Canadian Space
Program. The three contracts are funded under the Space Technologies Development
Program.
MDA will develop solutions for future space exploration missions
including a universal docking interface that will allow lunar vehicles to share
resources such as power and data, and a vision system to locate and capture
sample containers on the Moon or Mars for return to Earth. The third contract
will further develop MDA’s next generation Wireless Synthetic Aperture Radar
(WiSAR) technology by advancing a critical component that measures the shape of
the antenna of the satellite, once in orbit.
'These projects provide the
opportunity for us to advance our remote sensing and robotics technology base to
meet the needs of the Canadian Space Program and emerging commercial markets,'
said Steve Oldham, one of MDA’s vice presidents within the Information Systems
group.
About
MDA
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.
MDA employs
more than 3,200 people in locations across the United States, the United Kingdom, and Canada. The
Company's common shares trade on the Toronto Stock Exchange under the symbol TSX:MDA.
Related
Websites:
www.mdacorporation.com
www.asc-csa.gc.ca
Forward-Looking
Statements
This release contains
forward-looking statements and information, which reflect the current view of
MacDonald, Dettwiler and Associates Ltd. with respect to future events and
financial performance. The forward-looking statements in this regard include
statements regarding the award of government contracts. Any such forward-looking
statements are based on MDA’s current expectations, estimates, projections and
assumptions in light of its experience and its perception of historical trends.
Any such forward-looking statements are subject to risks and uncertainties and
MDA’s actual results of operations could differ materially from historical
results or current expectations. The factors and assumptions underlying the
forward-looking statements in this release include contracts with any government
agency not being terminated. Any such forward-looking statements are subject to
a number of risks and uncertainties that could cause actual results to differ
materially from current expectations. MDA cautions readers that should certain
risks or uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary significantly from those expected. The risks
that could cause actual results to differ from current expectations include
changes in government priorities, funding levels, contracts and regulations;
failure of third parties and subcontractors; failure of systems to meet
performance requirements; and failure to anticipate changes in technology,
technical standards and product offerings or comply with the requisite
standards.
For additional information with respect to certain of these
risks or factors, plus additional risks or factors, reference should be made to
MDA’s continuous disclosure materials filed from time to time with Canadian
securities regulatory authorities, which are available online at www.sedar.com or on MDA’s website at www.mdacorporation.com.
The Toronto Stock Exchange has neither approved nor disapproved the form
or content of this release.
For more information, please contact:
Wendy Keyzer
MDA
External Relations
Telephone: 604-231-2743
E-mail: wendy@mdacorporation.com


