Calian Strengthens Nuclear Capability with Acquisition of MDA Ltd. Nuclear Assets
05 Marzo 2024 - 11:15PM
Calian Group Ltd. (TSX: CGY), a diverse products and services
company providing innovative healthcare, communications, learning
and cybersecurity solutions, and MDA Ltd (TSX:MDA), a trusted
global mission partner, have completed a transaction in which
Calian has purchased assets associated with MDA’s nuclear services.
MDA has provided professional services to the
Canadian nuclear industry for more than 30 years, supported by a
highly specialized team of engineers delivering complex project
planning and management for large nuclear outages and refurbishment
projects, including experience in nuclear outage tooling. MDA’s
nuclear team will be integrated into Calian’s existing Nuclear
business within its Advanced Technologies segment.
“The MDA Nuclear team will add new capabilities and
services to Calian’s existing nuclear business,” says Kevin Ford,
CEO, Calian. “The Calian Nuclear team is growing, with new projects
and opportunities across Canada and globally, and we’re thrilled to
accelerate our growth through this powerful addition to our
team.”
Calian Nuclear has been serving the Canadian and
international markets for over 25 years. Calian is invested in the
future of nuclear power as a clean energy source and a method of
addressing climate change. The addition of MDA’s nuclear team to
Calian will create strong synergies, including the ability to
better serve their mutual client, Bruce Power. Additionally, Calian
Nuclear can better support operations of existing nuclear
facilities and refurbishments of the existing facilities.
“MDA’s nuclear team has deep expertise and a long
history supporting nuclear power generation operators. We are
pleased to reach this agreement with Calian and are confident the
transaction will ensure continued strong support for customers and
the long-term success of that team,” said Mike Greenley, CEO, MDA.
“I would like to thank all of MDA’s nuclear employees for their
commitment and contributions, and I wish them continued success at
Calian.”
Completion of this acquisition is effective
immediately.
About Calianwww.calian.com
We keep the world moving forward. Calian® helps
people communicate, innovate, learn, stay safe and lead healthy
lives with confidence. Every day, our employees live our values of
customer-centricity, integrity, innovation, respect and teamwork to
engineer reliable solutions that solve complex problems. That’s
Confidence. Engineered. A stable and growing company for 40 years,
we are headquartered in Ottawa with offices and projects spanning
North American and international markets. Visit calian.com to learn
about innovative healthcare, communications, learning and
cybersecurity solutions.
Product or service names mentioned herein may be
the trademarks of their respective owners.
Visit calian.com to learn about
innovative healthcare, communications, learning and cybersecurity
solutions.
Media
inquiries: pr@calian.com 613-599-8600 x 2298
Investor Relations
inquiries: ir@calian.com
ABOUT
MDAhttps://mda.space/en/
Serving the world from its Canadian home and
global offices, MDA (TSX:MDA) is an international space mission
partner and a robotics, satellite systems and geointelligence
pioneer with a 50-year story of firsts on and above the Earth. With
over 3,000 employees across Canada, the US and the UK, MDA is
leading the charge towards viable Moon colonies, enhanced Earth
observation, communication in a hyper-connected world, and more.
With a track record of making space ambitions come true, MDA
enables highly skilled people to continually push boundaries,
tackle big challenges, and imagine solutions that inspire and
endure to change the world for the better, on the ground and in the
stars. For more information, please visit MDA's website
at www.mda.space.
MEDIA CONTACT Amy MacLeod Vice President,
Corporate Communications613-796-6937amy.macleod@mda.space
INVESTOR CONTACT Shereen ZahawiSenior Director,
Investor Relations647-401-3230shereen.zahawi@mda.space
DISCLAIMER
Certain information included in this press
release is forward-looking and is subject to important risks and
uncertainties. The results or events predicted in these statements
may differ materially from actual results or events. Such
statements are generally accompanied by words such as “intend”,
“anticipate”, “believe”, “estimate”, “expect” or similar
statements. Factors which could cause results or events to differ
from current expectations include, among other things: the impact
of price competition; scarce number of qualified professionals; the
impact of rapid technological and market change; loss of business
or credit risk with major customers; technical risks on fixed price
projects; general industry and market conditions and growth rates;
international growth and global economic conditions, and including
currency exchange rate fluctuations; and the impact of
consolidations in the business services industry. For additional
information with respect to certain of these and other factors,
please see the Company’s most recent annual report and other
reports filed by Calian with the Ontario Securities Commission.
Calian disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise. No assurance can be given
that actual results, performance or achievement expressed in, or
implied by, forward-looking statements within this disclosure will
occur, or if they do, that any benefits may be derived from
them.
Grafico Azioni MDA Space (TSX:MDA)
Storico
Da Ott 2024 a Nov 2024
Grafico Azioni MDA Space (TSX:MDA)
Storico
Da Nov 2023 a Nov 2024