Mda's Radarsat-2 Revenue Expected To Rise In 2009

摘要

MacDonald, Dettwiler and Associates (MDA) of Canada said the benefits of owning the Radarsat-2 Earth observation satellite should become obvious in 2009 as the company realizes sales from Radarsat-1 customers upgrading to the more-capable Radarsat-2. In a Feb. 26 conference call with investors, MDA Chief Executive Daniel E. Friedmann said about a half-dozen Radarsat-2 ground stations should be activated in the coming months. He said overall demand for Radarsat-2 imagery is expected to be strong even though the near-term prospects depend in part on hard-to-predict market developments such as the U.S. military presence in Afghanistan. Radarsat-2 became operational in April 2008 and many Radarsat-1 customers are upgrading their image-reception stations to receive the higher-resolution Radarsat-2 products.