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Magellan Aerospace Announces Collaboration with ATLAS ELEKTRONIK
Magellan Aerospace Announces Collaboration with ATLAS ELEKTRONIK Magellan Aerospac...

About this update from Magellan Aerospace Corporation
[{"type":"text","content":"\n\n\n\nMagellan Aerospace Announces Collaboration with ATLAS ELEKTRONIK\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nMagellan Aerospace Announces Collaboration with ATLAS ELEKTRONIK\nCanada NewsWire\nTORONTO, May 27 2016\n\n\n\nTORONTO, May 27 2016 /CNW/ - ATLAS ELEKTRONIK and Magellan Aerospace signed a Memorandum of Understanding on Thursday, May 26, 2016, sealing intent to collaborate on the development of the rocket motor and warhead sections of the SeaSpider® Anti-Torpedo-Torpedo. \n\nSeaSpider® will combine the best technology and decades of experiences of two worlds – the expertise of ATLAS ELEKTRONIK in naval systems like the SeaHake® mod4 heavyweight torpedo and the leading rocket technology of Magellan Aerospace as chosen by NASA. This pairing will leverage Canadian and German innovation and technology to develop effective \"hard-kill\" torpedo defence with the world's leading Anti-Torpedo-Torpedo. Magellan Aerospace and ATLAS ELEKTRONIK Canada will enter the global market of naval defence with a revolutionary underwater rocket motor for SeaSpider® that will define the world standard and support diversity in a key Canadian aerospace capability. This industrial effort seeks to secure and create long-term Canadian employment in the naval defence space.\n\nATLAS ELEKTRONIK CANADA, located in Victoria, BC, will build up capability in project management, research and development and work with Magellan Aerospace out of their facilities in Winnipeg and Rockwood, MB. ATLAS ELEKTRONIK Naval Weapons Division in Wedel, Germany will provide ongoing support.\n\nWith the SeaSpider® system at technology readiness level 6 the system concept as well as the novel underwater rocket propulsion is proven in multiple firings at sea and the transition to production maturity through development and qualification can now be achieved in collaboration across the Atlantic. The common goal is the concurrent certification for NATO and Allied forces deployment and the establishment of a new standard in torpedo defence.\n\nSeaSpider® is designed t...