Space hardware maker Com Dev International Ltd. has won a follow-on contract worth up to $7-million (U.S.) to provide components for a commercial communications satellite.
The company said Friday it has received the go-ahead to provide switches, filters and multiplexers for the satellite, worth initially $1.8-million but “expected to lead to a full contract valued in excess of $7-million.”
Work is expected to be completed at its plant in Cambridge by the end of fiscal 2011.
It's the fourth satellite order resulting from an agreement announced in January, under which Com Dev provided the unnamed customer with pricing for equipment on four satellites.
“We have been seeing a trend whereby some customers are negotiating terms with us in advance on multiple spacecraft that they plan to build and launch,” said interim chief executive officer Michael Pley.
“This is one of many indications that the commercial communications satellite market remains robust.”
Com Dev makes space hardware subsystems for use in communications, space science, remote sensing and military satellites.Report Typo/Error
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