TORONTO, Jan. 22, 2018 /CNW/ - Magellan Aerospace
("Magellan") announced today that it has delivered the first of
three Power Control Units ("PCU") for an upcoming space
mission. In 2016, Magellan was selected by the Laboratory for
Atmospheric and Space Physics ("LASP"), at the University of Colorado Boulder, to provide
satellite technology for a future Deep Space Interplanetary
Mission. Under the contract, Magellan's Winnipeg facility will deliver three PCUs and
subsystems for three jointly-developed Control and Data Handling
(C&DH) units. The end user customer and program cannot be
identified for contractual reasons.
Magellan will provide their flight-proven PCUs and C&DH
subsystems that utilize expertise developed by Magellan for past
and current Canadian Space Agency missions. The C&DH
provides spacecraft control processing, command decoding and
processing, telemetry encoding, and data handling and mass
storage. The PCU provides power distribution and control, is
scalable, and can be configured as either single string or dual
string redundancy.
Mr. Daniel Zanatta, Magellan's
Vice President, Business Development, Marketing and Contracts said,
"The selection of Magellan's technology for an international space
mission is an excellent innovation and export success story for
Canada."
About Magellan Aerospace
Magellan Aerospace is a global aerospace company that provides
complex assemblies and systems solutions to aircraft and engine
manufacturers, and defence and space agencies worldwide. Magellan
designs and manufactures aeroengine and aerostructure assemblies
and components for aerospace markets, advanced proprietary products
for military and space markets, and provides engine and component
repair and overhaul services worldwide. Magellan is a public
company whose shares trade on the Toronto Stock Exchange (TSX:
MAL), with operating units throughout North America, Europe, and India.
About The Laboratory for Atmospheric and Space
Physics
The LASP at the University of Colorado
Boulder (CU) began in 1948, a decade before NASA. LASP
is the world's only research institute to have sent instruments to
all eight planets and Pluto. LASP combines all aspects of space
exploration through the expertise in science, engineering, mission
operations, and scientific data analysis. As part of CU, LASP also
works to educate and train the next generation of space scientists,
engineers and mission operators by integrating undergraduate and
graduate students into working teams. Their students take their
unique experiences with them into government or industry, or remain
in academia to continue the cycle of exploration. LASP is an
affiliate of CU-Boulder AeroSpace Ventures, a collaboration among
aerospace-related departments, institutes, centers, government
labs, and industry partners.
Forward Looking Statements
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forward-looking statements or statements of future expectations
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such as "expect", "anticipate", "estimate", "may", "will",
"should", "intend", "believe", and similar expressions, are
intended to identify forward-looking statements. Forward-looking
statements are based on estimates and assumptions made by the
Corporation in light of its experience and its perception of
historical trends, current conditions and expected future
developments, as well as other factors that the Corporation
believes are appropriate in the circumstances. Many factors could
cause the Corporation's actual results, performance or achievements
to differ materially from those expressed or implied by the
forward-looking statements, including those described in the "Risk
Factors" section of the Corporation's Annual Information Form
(copies of which filings may be obtained at www.sedar.com). These
factors should be considered carefully, and readers should not
place undue reliance on the Corporation's forward-looking
statements. The Corporation has no intention and undertakes no
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
SOURCE Magellan Aerospace Corporation