Antriux Corp Current Affairs - 2019
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Canada’s M3M (Maritime Monitoring and Messaging Micro-Satellite) is set to be launched by India’s PSLV rocket. The agreement for the same was signed by India’s Antriux Corp. and Canada’s COM DEV Intl. The satellite is due to be launched in July 2015. The satellite was built for the Canadian Department of National Defence, and is a communications satellite. The satellite was built at a cost of $21 mn by COM DEV Intl.
Initially, the satellite was to have been launched on a Soyuz rocket in Russia. However, in light of the international restrictions on trade with Russia due to the Crimea and Ukraine crisis, Canada decided not to go ahead with the arrangement.