[SatNews] COM DEV International Ltd. (TSX:CDV) has been awarded an Authorization to Proceed (ATP) contract to...
...begin work on a project to deliver Ku- and Ka-band multiplexers, switches and microwave components. The first funding release of US$7 million is to cover the initial engineering and procurement activities. The components will be used in a communications satellite to provide additional and incremental capacity for DTH programming. The full contract value is expected to be in excess of US$15 million and work will be carried out at the Company's facility in Cambridge, Ontario, with completion expected by March 2014.
"We are very pleased with this contract win which reflects the growth we are seeing in the market from the increased demand for broadband capacity and the natural replacement cycle of existing satellites," said Michael Pley, CEO of COM DEV.
"This builds on our expertise in Ku-band and Ka-band technology and solidifies our dominant position in the commercial communications satellite industry," added Mike Williams, President of COM DEV International Products.

