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SOURCE MacDonald, Dettwiler and Associates Ltd.
PALO ALTO, CA, July 18, 2014 /CNW/ - Space Systems/Loral (SSL), a leading provider of commercial satellites, today announced that it was one of the companies selected by NASA to study system concepts and key technologies for NASA's Asteroid Redirect Mission, which is expected to be a key part of the agency's path to sending humans to Mars. SSL will conduct two studies; one that examines using MDA robotic technology for asteroid capture, and one that examines adapting commercial spacecraft for the Asteroid Redirect Vehicle.
"SSL is committed to helping NASA leverage the value of commercial partnerships," said John Celli, president of SSL. "The Asteroid Redirect Mission is an excellent example of how we can bring together SSL's commercial bus and MDA robotics technology in support of NASA programs."
SSL's "Autonomous Boulder Liberation Equipment" study will demonstrate robotic arms for placement and handling of pneumatic excavation tools, boulder jacking devices, and positive capture and restraint tools.
SSL will also examine how to adapt commercial spacecraft for the Asteroid Redirect Vehicle and will define system concepts that leverage SSL's commercial bus, the SSL 1300. With 74 commercial satellites based on this platform currently in geostationary orbit, it provides a very cost-effective and well-proven design that can be adapted to a variety of applications.
SSL has already proven its capability to leverage its commercial platform in support of NASA initiatives with the propulsion system for NASA's recent Lunar Atmosphere Dust Environment Explorer (LADEE) spacecraft, which successfully completed its mission earlier this year.
In a statement released last month, James Reuther, deputy associate administrator for Space Technology at NASA Headquarters in Washington said: "By investing in these studies, NASA will gain valuable insight into affordable ways to perform the Asteroid Redirect Mission while also advancing technologies needed to drive future exploration missions."
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. For more information, visit www.sslmda.com.
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.
MacDonald, Dettwiler and Associates Ltd.'s (MDA) common shares trade on the Toronto Stock Exchange under the symbol "MDA."
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 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 the contract 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 under the Company's profile at www.sedar.com or on the Company's website at www.mdacorporation.com.
The Toronto Stock Exchange has neither approved nor disapproved the form or content of this release.
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