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Option Plan in order to increase the Number of Shares Reserved for Issuances under the Option Plan.
The Directors have approved these matters, as they believe they are in the best interests of the shareholders. Management’s focus is on its efforts to grow the Company to its next level of success, to build on the strong foundation already in place, to provide increased brand recognition and to increase investor awareness, which should eventually yield added shareholder value. The Company’s business outlook continues to be extremely positive, and shareholders will be presented with an update on the Company at the Meeting.
Sofradir’s MCT detectors to power Sentinel-5-Precursor space mission
Over the last 12 years, Sofradir has optimised the design of the focal plane array (FPA) used in its detectors and is presently offering two versions of packaging, one with an active cooler and one with passive cooling in the satellite.
Sofradir, a developer and manufacturer of advanced infrared detectors for military, space and industrial applications, has been awarded the contract to provide shortwave infrared (SWIR) arrays for the TROPOMI/S5 - (Sentinel 5 Precursor) mission, as part of the Global Monitoring for Environment and Security (GMES) space initiative. GMES is a joint undertaking of the European Commission and the European Space Agency (ESA).
Under the contract, Sofradir will deliver to SSTL (UK), a worldwide supplier of satellite and space equipment, off-the-shelf 1000x256 SWIR arrays, based on its MCT/HgCdTe technology. Selecting an off-the-shelf model that has proven its performance and reliability has eliminated the need for Sofradir to go through a preliminary design phase, which can involve extensive screening and qualification. This translates into an 18-month saving in delivery time of the flight models. As a result, all deliveries will be completed within 24 months.
“This new contract shows that Sofradir has the right infrared products for the space community,” said
Philippe Bensussan, chairman and CEO at Sofradir. “Repeat orders of our off-the-shelf space-qualified MCT detectors allow us to offer IR products to our space customers at affordable prices with short lead times and minimal risk.”
The Sentinel-5-Precursor mission, scheduled for launch in 2014, is intended to fill a time gap between Envisat, an earlier generation of earth observation satellites for climate and environment monitoring, and Sentinel 5, which will be on-board the Post-EPS satellite scheduled for launch around 2019.
ESA funded the original development of the 1000x256 SWIR array for the Spectra mission in 1999. Since then, Sofradir has optimised the design of the focal plane array (FPA) and is presently offering two versions of packaging. One has the FPA integrated in a dewar with an active cooler. The second has the FPA in a hermetic package without cooling system, to be implemented with passive cooling in the satellite.
The SWIR with hermetic package without cooling system was selected because it offered some major advantages in reliability and power consumption. Unlike an active cooler that has moving mechanical parts that can shorten the overall life of the detector, passive cooling significantly increases reliability as it is dependent on the FPA only.
Sofradir FPAs are known for their outstanding reliability in harsh environments. For example, Sofradir IR detectors aboard the spaceborne observation satellite Helios IIA have been operating continuously since the 2004 launch. The fully hermetic package with optimised thermal interface minimises the cooling requirement. Other technological advances at Sofradir have enabled it to produce SWIR detectors that exhibit very high performance at relatively high temperatures (140K, -133°C), which means that they also consume less power.
Sofradir is increasingly being selected to participate in satellite and space missions for earth mapping, environment and disaster monitoring, meteorology and planet exploration. Its MCT IR detectors are in orbit in French military earth observation satellites, Helios IIA and IIB. Sofradir’s IR detectors are also being used on ESA’s Venus Express satellite (launched in 2005) and the French MoD SPIRALE
June 2011
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