COM DEV International Ltd. [TSX: CDV] has been awarded an Authorization to Proceed (ATP) from an Asian customer for work on a major subsystem of an instrument that will fly on a future Earth observation satellite. The amount of the ATP is in excess of $11.3 million, which COM DEV believes approximates the expected full value of this contract. Over the next 18 months, COM DEV will design, build and deliver an Engineering Model at the Company’s facilities in Cambridge, Ontario. Upon completion of the Engineering Model, COM DEV anticipates securing an additional contract to build the Flight Model that will be used on the satellite. More info here…
- Skip to primary navigation
- Skip to main content
- Skip to primary sidebar
- Skip to secondary sidebar
- Skip to footer
Satellite Industry Intelligence Since 1983
Footer
Satnews is a leading provider of satellite news, events, publications, research and other satellite industry information in both commercial and military enterprises worldwide.