RICHMOND, BC, Dec. 14, 2018 /CNW/ - MDA, a Maxar Technologies company (NYSE: MAXR) (TSX: MAXR), today announced it was awarded four contracts under the Defence Innovation Research Program (DIRP) with a combined total value of CA$3.8 million. The DIRP supports Canada's long-term commitment to respond to the scientific and technological needs of the Department of National Defence and Canadian Armed Forces. The objective of this latest DIRP initiative is to help to define the technologies and capabilities for future follow-on RADARSAT Constellation Mission (RCM) spacecraft and ground segment exploitation systems.
MDA's projects include:
- Augmenting Canada's Maritime Surveillance Capability with Complementary EO/IR Information Products: MDA will advance how optical satellite data and hyperspectral imagery complements Synthetic Aperture Radar (SAR) data in strategic maritime and coastal surveillance applications. Improving Canada's ability to identify and classify vessels and monitor port and other littoral vessel traffic activities by providing timely information to relevant agencies for threat assessment and action.
- Persistent Multi-Sensor Land Surveillance and Change Monitoring: MDA seeks to leverage the complementarity of Optical and SAR satellite image stacks to better identify and monitor changes over large areas of land. The expected benefits include more persistent and operational all-weather monitoring capabilities and very high change classification accuracy. To achieve these benefits the project will leverage new technologies such as Deep Learning and exploit the availability of large satellite image archives. The applications are far ranging and are expected to provide actionable intelligence to DND as well as to civil agencies.
- SAR Big Data Analytics: Petabytes of information-rich RADARSAT data exists in archives. MDA seeks to understand and demonstrate how big data analytics, Deep Learning in particular, can be applied to large archives of SAR imagery to better extract meaningful geospatial information to support actionable decision-making.
- Complementary EO/IR Payload to RCM: Working with Canadian industry partners, MDA explores the technical readiness and mission value of using Electro-Optical Infrared sensors to strengthen the value of the RADARSAT Constellation Mission follow-on for the surveillance of land, maritime and defence applications at a global scale. By combining, SAR and Electro-Optical Infrared sensors Canada is able to leverage the weather independent observation capabilities of SAR with finer feature discrimination of thermal, hyperspectral, or multispectral sensing for improved day and night global surveillance.
"These awards are an exciting opportunity for MDA to explore new synergies of combining Synthetic Aperture Radar with innovative technologies such as optical sensors and Deep Learning," said Mike Greenley, group president of MDA. "The research programs have recently commenced and will continue over the next two years."
About MDA
MDA is an internationally recognized leader in space robotics, space sensors, satellite payloads, antennas and subsystems, surveillance and intelligence systems, defence and maritime systems, and geospatial radar imagery. MDA's extensive space expertise and heritage translates into mission-critical defence and commercial applications that include multi-platform command, control and surveillance systems, aeronautical information systems, land administration systems and terrestrial robotics. MDA is also a leading supplier of actionable mission-critical information and insights derived from multiple data sources. Founded in 1969, MDA is recognized as one of Canada's most successful technology ventures with locations in Richmond, Ottawa, Brampton, Montreal, Halifax and the United Kingdom. MDA is a Maxar Technologies company (TSX: MAXR; NYSE: MAXR). For more information, visit www.mdacorporation.com.
About Maxar Technologies
As a global leader of advanced space technology solutions, Maxar Technologies (formerly MacDonald, Dettwiler and Associates) is at the nexus of the new space economy, developing and sustaining the infrastructure and delivering the information, services, systems that unlock the promise of space for commercial and government markets. As a trusted partner, Maxar Technologies provides vertically integrated capabilities and expertise including satellites, Earth imagery, robotics, geospatial data and analytics to help customers anticipate and address their most complex mission-critical challenges with confidence. With more than 6,500 employees in over 30 global locations, the Maxar Technologies portfolio of commercial space brands includes MDA, SSL, DigitalGlobe and Radiant Solutions. Every day, billions of people rely on Maxar to communicate, share information and data, and deliver insights that Build a Better World. Maxar trades on the Toronto Stock Exchange and New York Stock Exchange as MAXR. For more information, visit www.maxar.com.
Forward-Looking Statements
Certain statements and other information included in this release constitute "forward-looking information" or "forward-looking statements" (collectively, "forward-looking statements") under applicable securities laws. Statements including words such as "may", "will", "could", "should", "would", "plan", "potential", "intend", "anticipate", "believe", "estimate" or "expect" and other words, terms and phrases of similar meaning are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties, as well as other statements referring to or including forward-looking information included in this release.
Forward-looking statements are subject to various risks and uncertainties which could cause actual results to differ materially from the anticipated results or expectations expressed in this release. As a result, although management of the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The risks that could cause actual results to differ materially from current expectations include, but are not limited to, the risk factors and other disclosures about the Company and its business included in the Company's continuous disclosure materials filed from time to time with Canadian and U.S. securities regulatory authorities, which are available online under the Company's SEDAR profile at www.sedar.com, under the Company's EDGAR profile at www.sec.gov or on the Company's website at www.maxar.com.
The forward-looking statements contained in this release are expressly qualified in their entirety by the foregoing cautionary statements. All such forward-looking statements are based upon data available as of the date of this release or other specified date and speak only as of such date. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this release as a result of new information or future events, except as may be required under applicable securities legislation.
Contact
Wendy Keyzer | MDA Media Contact | 1-604-231-2743 | wendy.keyzer@mdacorporation.com
Jason Gursky | Maxar Investor Relations | 1-303-684-2207 | jason.gursky@maxar.com
SOURCE Maxar Technologies Ltd.
https://www.newswire.ca/news-releases/maxar-technologies-mda-to-advance-innovative-technologies-under-the-defence-innovation-research-program-702794292.html
