MDA's satellite antennas and subsystems to expand access in two tele-communications programs
MONTREAL, Sept. 7, 2018 /CNW/ - MDA, a Maxar Technologies company (formerly MacDonald, Dettwiler and Associates Ltd.), (NYSE: MAXR; TSX: MAXR), reinforced its position as the leading provider of satellite antennas with over five decades of successful deployments in demanding environments, by signing two multi-million dollar contracts with Airbus comprised of:
- Antennas and deployable reflectors to be integrated into Turksat 5A and 5B telecommunications satellites. These satellites will significantly expand the existing Internet and tele-communication services and provide users in Turkey, Europe, Africa, Middle East North Africa and South-Africa regions with better access to these services.
- Antenna subsystems to be integrated into a second satellite of the Inmarsat-6 mobile communications program. MDA announced the first subsystem in November 2016.
Mike Greenley, group president of MDA said, "Combining leading edge technical capability with timely execution and cost-effective delivery, MDA's communication solutions provide a unique value proposition to customers worldwide, and underscore why satellite prime contractors return to MDA repeatedly. We are honoured that Airbus has once again trusted us, and we will meet their critical and complex challenges with confidence."
Airbus also recently recognized MDA in November 2017 as a key supplier for over three decades. This long term relationship has facilitated significant export of leading-edge Canadian technology to enhance multiple Airbus space missions.
MDA's strong heritage in satellite subsystems positions us as a global leader and the world's largest independent supplier in the design, fabrication, and testing of innovative antenna products for commercial and civil space markets. A recognized pioneer in Ka-band communications, MDA provides antenna and electronic systems supporting all bands, including recent work in Q/V bands.
About MDA
MDA is an internationally recognized leader in space robotics, space sensors, satellite payloads, antennas and subsystems, surveillance and intelligence systems, defence and maritime systems, and geospatial radar imagery. MDA's extensive space expertise and heritage translates into mission-critical defence and commercial applications that include multi-platform command, control and surveillance systems, aeronautical information systems, land administration systems and terrestrial robotics. MDA is also a leading supplier of actionable mission-critical information and insights derived from multiple data sources. Founded in 1969, MDA is recognized as one of Canada's most successful technology ventures with locations in Richmond, Ottawa, Brampton, Montreal, Halifax and the United Kingdom. MDA is a Maxar Technologies company (TSX: MAXR) (NYSE: MAXR). For more information, visit www.mdacorporation.com.
About Maxar Corporate
As a global leader of advanced space technology solutions, Maxar Technologies (formerly MacDonald, Dettwiler and Associates) is at the nexus of the new space economy, developing and sustaining the infrastructure and delivering the information, services, systems that unlock the promise of space for commercial and government markets. As a trusted partner, Maxar Technologies provides vertically-integrated capabilities and expertise including satellites, Earth imagery, robotics, geospatial data and analytics to help customers anticipate and address their most complex mission-critical challenges with confidence. With more than 6,500 employees in over 30 global locations, the Maxar Technologies portfolio of commercial space brands includes MDA, SSL, DigitalGlobe and Radiant Solutions. Every day, billions of people rely on Maxar to communicate, share information and data, and deliver insights that Build a Better World. Maxar trades on the Toronto Stock Exchange and New York Stock Exchange as MAXR. For more information, visit www.maxar.com.
Forward-Looking Statements
Certain statements and other information included in this release constitute "forward-looking information" or "forward-looking statements" (collectively, "forward-looking statements") under applicable securities laws. Statements including words such as "may", "will", "could", "should", "would", "plan", "potential", "intend", "anticipate", "believe", "estimate" or "expect" and other words, terms and phrases of similar meaning are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties, as well as other statements referring to or including forward-looking information included in this release.
Forward-looking statements are subject to various risks and uncertainties which could cause actual results to differ materially from the anticipated results or expectations expressed in this release. As a result, although management of the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The risks that could cause actual results to differ materially from current expectations include, but are not limited to, the risk factors and other disclosures about the Company and its business included in the Company's continuous disclosure materials filed from time to time with Canadian and U.S. securities regulatory authorities, which are available online under the Company's SEDAR profile at www.sedar.com, under the Company's EDGAR profile at www.sec.gov or on the Company's website at www.maxar.com.
The forward-looking statements contained in this release are expressly qualified in their entirety by the foregoing cautionary statements. All such forward-looking statements are based upon data available as of the date of this release or other specified date and speak only as of such date. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this release as a result of new information or future events, except as may be required under applicable securities legislation.
SOURCE Maxar Technologies Ltd.
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Wendy Keyzer | MDA Media Contact | 1-604-231-2743 | [email protected] Jason Gursky | Maxar Investor Relations | 1-303-684-2207 | [email protected]
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