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MDA to provide RADARSAT-2 Information for Maritime Surveillance
Monday, March 13, 2017Company Profile | Careers | Follow Company
Richmond, BC, March 13, 2017--(T-Net)--MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a global communications and information company, today announced that it has signed three contracts with a total approximate value of CA$2.5 million with Satellite Applications Catapult Ltd.
MDA will use imaging capabilities from the RADARSAT-2 satellite to provide information on maritime surveillance and the detection of Illegal, Unreported and Unregulated (IUU) fishing vessels. This information is integrated into other data and shared with government and non-government agencies to monitor fishing activities in remote regions.
MDA's RADARSAT-2 information is ideal for matching satellite radar-based ship detection to vessel tracking services to locate illegal fishing vessels, in order to protect national interests and preserve valuable fish stocks. The information also supports detecting and highlighting suspicious inbound vessels or those transiting territorial waters, for investigation or interdiction. Accurate detection and tracking enables efficient queuing of patrol assets to intercept targets while minimizing valuable resources and fuel usage.
About MDA
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This release contains forward-looking statements and information, which reflect the current view of MacDonald, Dettwiler and Associates Ltd. (“MDA” or the “Company”) with respect to future events and financial performance. The forward-looking statements in this regard include statements regarding the award of certain 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.
The factors and assumptions underlying the forward-looking statements in this release include contracts 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, but are not limited to: risks associated with operating a satellite including in-orbit failures or impaired satellite performance; failure of third parties and subcontractors; failure of systems to meet performance requirements; and failure to anticipate changes in technology, technical standards and offerings or compliance with the requisite standards.
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