MacDonald Dettwiler and Associates completed its $2.4 billion purchase of DigitalGlobe Oct. 5, and will rebrand the combined company as Maxar Technologies.
MDA Corp. and DigitalGlobe expect to complete their $2.4 billion merger late next week, the companies said Sept. 28.
Satellite manufacturer and hardware provider MDA Corp. and Earth-observation company DigitalGlobe have re-submitted paperwork to the Committee on Foreign Investment in the United States (CFIUS) after cancelling the original version.
It also announced a first customer for that satellite servicing system, with satellite operator SES entering into an agreement for an initial life extension mission with options for future missions.
DigitalGlobe announced plans June 5 to augment its cloud-based geospatial big data platform, GBDX, with Synthetic Aperture Radar (SAR) data from Radarsat-2, a satellite launched in 2007 by the Canadian Space Agency and MacDonald Dettwiler and Associates, the firm that announced plans in February to acquire DigitalGlobe.
The value of any deal could be $2-3 billion, based on DigitalGlobe's market cap of $1.8 billion.
Canadian satellite builder and geospatial-services provider MDA Corp. on Nov. 1 pulled back from earlier optimistic assessments of the global commercial telecommunications satellite business, saying strong customer interest in new satellites was not translating into contracts.
Operators of commercial geospatial imagery services on Sept. 15 agreed that unmanned aerial vehicles (UAVs) are an increasingly useful complement to their business but are unlikely to pose a direct threat to satellite systems for defense and intelligence customers.
Commercial satellite manufacturer MDA Corp. of Canada on July 28 said “a material amount” of satellite bid requests it receives is for high-throughput satellites (HTS) but that those interest are focused on a broad range of capacities, not just 1-terabit-per-second spacecraft.
MDA Corp. of Canada on May 4 said bidding activity for commercial telecommunications satellites is at record levels and that the company had received seven requests for information (RFI) on terabit-per-second-throughput satellites from prospective customers.
MDA Corp. Chief Executive Daniel E. Friedmann’s decision to leave his job after 20 years at first blush looks like an injustice: He carries the wrong passport (Canadian) for a company whose growth is in part tied to U.S. government contracts, and he lives in the wrong place – British Columbia, not Palo Alto, California, where MDA’s growth engine, satellite builder SSL, is located.
Satellite hardware and services provider MDA Corp. of Canada on Feb. 24 said its number-one priority is to obtain U.S. government certification for Space Systems Loral’s satellite manufacturing facility in Palo Alto, California.