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Magellan Aerospace Corp (2)
Symbol MAL
Shares Issued 58,209,001
Close 2014-09-29 C$ 11.48
Market Cap C$ 668,239,331
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Magellan Aerospace's Black Brant IX rocket launched

2014-09-30 17:42 ET - News Release

Mr. Donald Boitson reports

MAGELLAN AEROSPACE BLACK BRANT ROCKET SUCCESSFULLY LAUNCHED

Magellan Aerospace Corp.'s Black Brant IX rocket was successfully launched from the NASA Wallops flight facility in Wallops Island, Virginia, in the early morning of Aug. 28, 2014, at 5:40 a.m. The launch mission was a test of a new subpayload deployment method for suborbital rockets and also included the release of vapour tracers in space. The launch and vapour tracers, which help measure the wind in the transition region between the Earth's atmosphere and space, could be seen from as far away as western Pennsylvania, southern New Jersey, West Virginia and Myrtle Beach. The Black Brant was launched by Orbital Sciences Corp. under contract from the NASA sounding rockets program office.

The Magellan facility in Winnipeg, Man., is a pioneer in Canada's space industry and has been designing and manufacturing Black Brant sounding rockets for more than 50 years. The Black Brant is a solid propellant rocket system available in single or multistage configurations and is one of the most successful sounding rockets ever built. Black Brant rockets carry instrumentation into suborbital flight to take measurements and perform scientific experiments.

The first launch of a Magellan designed and built Black Brant took place on June 15, 1962, at Wallops Island, Virginia. To date, over 1,000 Black Brant rockets have been launched from every continent other than Antarctica, with a vehicle success rate of over 98 per cent. It is the most reliable, cost-effective and quick system for space physics, atmospheric chemistry, astronomy and microgravity in the world.

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