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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SOURCE Magellan Aerospace Corporation

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