M3M Satellite Launch To Be Rescheduled

COM DEV International Ltd., a leading manufacturer of space hardware subsystems, and majority owner in exactEarth(TM) Ltd, its maritime surveillance subsidiary, today announced that the Government of Canada has decided to not proceed with the planned Russian Soyuz launch of M3M, which was scheduled for June this year. The M3M satellite was constructed by COM DEV under contract from the Canadian Space Agency/Public Works Government Services Canada, for the Department of National Defense and was also subject to a commercial data sharing license with exactEarth(TM). More

(Source: Wall Street Journal - Apr 26)