MDA Takes Controlling Interest In UK Advanced Technology Company

MacDonald, Dettwiler and Associates have announced that the Company has taken a controlling interest in Orbital Optics Limited (OOL), a commercial spin-off of the Rutherford Appleton Laboratory (RAL) based in Oxfordshire, England. The acquisition is worth approximately 900,000 pounds.

RAL created OOL as a commercial entity in April 2006; granting it the exclusive worldwide license to commercialize its proven high-resolution optical data collection technology.

According to Steve Oldham, Director of Business Development at MDA: "This acquisition not only improves MDA's ability to offer unique highly competitive solutions for small satellite mission opportunities around the world, but it also increases our content on these bids. In addition, this U.K. presence and the associated strong relationship with RAL is expected to increase our market access to European opportunities for small satellite missions."