COM DEV receives $5.2M for micro-satellite program

COM DEV International Ltd, Cambridge ON, has received $5.2 million in federal funding for its new Micro-Satellite Infrastructure Program to develop a new class of micro-satellites that are significantly cheaper to build and launch than traditional geo-stationary earth orbit satellites. The funding flows through the Southern Ontario Development Program, a key program under the Federal Economic Development Agency for Southern Ontario designed to stimulate local economies and enhance the growth and competitiveness in the region. Infrastructure supported by the federal financing includes data operations, ground segment, satellite deployment and operations….