exactEarth Ltd. (TSX: XCT), the leading provider of Satellite AIS data services, announces that it has been awarded a four-year $2.7 million (including taxes) contract by MacDonald, Dettwiler and Associates Ltd. (MDA) to provide AIS data processing services for the Canadian Department of National Defence’s (DND) Polar Epsilon 2 (PE2) project. The PE2 project is a national initiative that will combine radar and AIS data from the RADARSAT Constellation Mission to provide enhanced maritime domain awareness that will identify, detect and track vessels in Canada’s maritime approaches and support Canadian Armed Forces at home and abroad.
Under terms of the contract, exactEarth will provide services to establish, test and validate the AIS processing service in accordance with the PE2 project requirements, which will then be followed by two years of service operations.
“We are pleased to have been selected by MDA for the PE2 project. This contract win is the result of a competitive bidding process where our industry-leading satellite AIS data processing detection technology has once again been recognized for its performance,” said Peter Mabson, CEO of exactEarth. This is a separate agreement from our existing contract with the Government of Canada, and we look forward to expanding the services that we provide to them.”
The PE2 project is part of the Canadian Government’s effort to maintain and expand the country’s access to a domestic source of space-based Earth observation data. According to the Department of National Defence, the Polar Epsilon 2 will use imagery from the three-satellite RADARSAT Constellation Mission (RCM) to deliver advanced surveillance capabilities for domestic and global Canadian Armed Forces operations. The RCM satellites are scheduled for launch in 2018.
For more information on the Polar Epsilon 2 Project, see:
http://news.gc.ca/web/article-en.do?nid=1086509
About exactEarth Ltd.
exactEarth is a leading provider of global maritime vessel data for ship tracking and maritime situational awareness solutions. Since its establishment in 2009, exactEarth has pioneered a powerful new method of maritime surveillance called Satellite-AIS (“S-AIS”) and has delivered to its clients a view of maritime behaviours across all regions of the world’s oceans unrestricted by terrestrial limitations. exactEarth has deployed an operational data processing supply chain involving a constellation of satellites, receiving ground stations, patented decoding algorithms and advanced “big data” processing and distribution facilities. This ground-breaking system provides a comprehensive picture of the location of AIS equipped maritime vessels throughout the world and allows exactEarth to deliver data and information services characterized by high performance, reliability, security and simplicity to large international markets. For more information, visit exactearth.com.
