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.
Canada could play a prominent role in a deorbiting mission for the European Envisat Earth observation satellite, with robotic arm technology the most feasible method for such a job.
The U.S. and Canadian companies approach the flurry of activity in the past year — new Earth observation constellations announced, existing players merging — from different angles.
The Canadian space hardware and services provider said the shutdown of the U.S. Export-Import Bank, the strengthened U.S. dollar and rocket failures have all contributed to a reduced number of telecommunications satellite orders in 2015.