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COM DEV launches new satellite development initiative

Briefs | 06/19/2008 4:10 pm EDT

COM DEV International Ltd. has unveiled plans to develop a micro-satellite platform – an initiative that represents a strategic expansion beyond the company’s traditional role as an equipment, instrumentation and subsystem supplier, designed to take advantage of a trend towards smaller, more responsive satellites. The Cambridge On-based company will fund the program through a contribution of $7 million.

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