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MDA Corporations - SSL awarded contract for innovative, affordable access to space(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 23 July 2014 Release date- 22072014 - Palo Alto, Calif. - Space Systems/Loral a leading provider of commercial satellites announced that it was selected by the U.S. Defense Advanced Research Projects Agency to integrate the flight hardware for a new capability designed to carry small science and technology missions to space on its geostationary satellite platform. SSL plans to support completing the design and integration of the first Payload Orbital Delivery system (PODs) accommodation on the SSL 1300 platform - which would enable affordable delivery of small free-flying spacecraft beyond Low Earth Orbit (LEO) for future servicing, operational, science and technology space missions. 'The innovative PODs platform is paving the way for more affordable, frequent and sustainable access to space,' said John Celli, president of SSL. 'DARPA's vision and commitment to this capability could open the door to many other small satellite and in-orbit servicing missions, enabled by frequent access to space on the SSL 1300 and other GEO based platforms.' SSL regularly works with a broad range of commercial satellite operators and has experience putting small government payloads and missions onto commercial spacecraft in order to reduce costs for both parties. SSL intends to work with both its commercial customers and Government agencies to facilitate this type of arrangement for the first implementation of the PODs platform and for other future missions. About SSL SSL, a subsidiary of MDA, has a long history of delivering reliable satellites and spacecraft systems for commercial and government customers around the world. As a leading provider of commercial satellites, the company works closely with satellite operators to provide spacecraft for a broad range of services including television and radio distribution, digital audio radio, broadband Internet, mobile communications, and Earth observation. Billions of people around the world depend on SSL satellites every day. About MDA MDA is a global communications and information company providing operational solutions to commercial and government organizations worldwide. MDA's business is focused on markets and customers with strong repeat business potential, primarily in the Communications sector and the Surveillance and Intelligence sector. In addition, the Company conducts a significant amount of advanced technology development. MDA's established global customer base is served by more than 4,800 employees operating from 11 locations in the United States, Canada, and internationally. Forward-Looking Statements This release contains forward-looking statements and information, which reflect the current view of MacDonald, Dettwiler and Associates Ltd. and its subsidiaries (collectively '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 a contract related to a government project. 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, changes in government priorities, mandates, policies, funding levels, contracts and regulations, partial or complete termination of a government funded project, 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. For additional information with respect to certain of these risks or factors, plus additional risks or factors, reference should be made to the Company's continuous disclosure materials filed from time to time with Canadian securities regulatory authorities, which are available online at www.sedar.com or on the Company's website at www.mdacorporation.com. Contact: Wendy Keyzer MDA External Relations Tel: 604-231-2743 Email: [email protected] (c) 2014 Electronic News Publishing - |