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MDA Continues Support of Robotics on the International Space Station
Friday, June 16, 2017Company Profile | Careers | Follow Company
Richmond, BC, June 16, 2017--(T-Net)--MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a global communications and information company, today announced that it has signed a contract amendment with the Canadian Space Agency for CA$5 million.
The amendment provides funding for continued support to the ongoing robotic operations of the Mobile Servicing System on the International Space Station (ISS).
The Mobile Servicing System comprises Canadarm2, the Special Purpose Dextrous Manipulator known as “Dextre,” and the Mobile Base System. These three robotic systems perform a variety of operations ranging from resupply, maintenance, and servicing tasks on the space station that are critical to the on-going operations of the ISS.
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The factors and assumptions underlying the forward-looking statements in this release include contracts with any government or intergovernmental 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, but are not necessarily limited to: changes in government policies, priorities, regulations or government agency mandates, or funding levels through agency budget reductions, the imposition of budgetary constraints or a decline in government support or deferment of funding for programs in which the Company or its customers participate; satellite system failure; failure of third parties and subcontractors; and failure to anticipate changes in technology, technical standards and offerings or comply with the requisite standards, or failure to maintain technological advances and offer new products to retain customers and market position.
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