UK- Rainbow Seed Fund sells Orbital Optics

Orbital Optics is a spin-out company set up by CLIK, the Science & Technology Facilities Council's technology exploitation business, based at the Harwell Science & Innovation Campus in Oxfordshire. The company sells a range of high performance cameras for imaging from space, from sub 1 metre GSD to 10 metre GSD. The objective is to provide low cost space instruments that will achieve high resolution images. Orbital Optics was founded in 2006.

Canadian-based MDA delivers a broad spectrum of earth and space based information solutions, ranging from complex operational systems to electronic information products.

Following the acquisition, Orbital Optics will be rebranded as MDA Space and Robotics.

The Rainbow Seed Fund provided initial funding for Orbital in 2006. In March 2007, MDA acquired a majority stake in the company.

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