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MDA Signs Contract Valued At $154M To Provide hubble Rescue Solution

File photo of Hubble in orbit.

Richmond BC (SPX) Jan 06, 2005
MacDonald, Dettwiler and Associates announced Wednesday that it has signed a contract worth approximately $154 million U.S. to provide a potential information and robotic servicing solution to NASA to rescue the hubble Space Telescope. The hubble mission will follow on the heels of two U.S. military satellite missions that will utilize MDA's solutions to perform similar tasks.

"We are building robotic space solutions that perform critical tasks to meet the requirements of ongoing and future international space missions," said Dan Friedmann, President and CEO of MDA.

"The hubble mission and our strategic participation in other space missions will demonstrate that robots can cost-effectively complete complex tasks in space, while working together with astronauts on the ground."

MDA is involved in two other important unmanned U.S. military satellite missions. MDA recently shipped a space-based solution for a classified satellite observation program, and is in the final stages of another previously announced key space servicing mission.

The hubble award provides MDA with a new major source of long-term revenue. This award also positions MDA as the world leader in extending human reach in hostile environments with great precision and reliability.

The Canadian Commercial Corporation (CCC) is acting as the contracting agency between MDA and NASA and has executed the contract. CCC, a Government of Canada Crown corporation, facilitates over $1 billion in exports each year.

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Libya Set To Build Largest Telescope In North Africa
Paris, France (AFP) Jan 4, 2005
Libya has ordered a 13-million-dollar telescope from France, a facility that will give it the finest astronomical views in North Africa, the French magazine Ciel et Espace (Sky and Space) reported Tuesday.

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