Home Brand News Magellan Aerospace Contracts with Atlas Elektronik Canada Ltd. for SeaSpider® Anti Torpedo...

Magellan Aerospace Contracts with Atlas Elektronik Canada Ltd. for SeaSpider® Anti Torpedo Torpedo

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Magellan Aerospace Corporation (“Magellan”)
announced today an agreement with Atlas Elektronik Canada Ltd. (“Atlas”) for the design and
development phase of the SeaSpider® Anti Torpedo Torpedo (“ATT”) program. The initial
CDN $19 million phase of the program was launched in January 2019 and is expected to
conclude in 2023. Magellan will lead the design and development of the SeaSpider® ATT
rocket motor and warhead sections of the torpedo that includes design, build, test, and product
qualification.
SeaSpider® ATT is a new defence product that can be utilized by surface vessels and
submarines to detect and destroy attacking torpedoes. The SeaSpider® is a marked
improvement over currently available anti-torpedo systems that reply on decoy
countermeasures rather than destroying the attacking torpedo. The SeaSpider® ATT
combines the best technology and decades of experience of Atlas and Magellan – the
expertise of Atlas in naval systems and torpedoes and the industry leading rocket technology
of Magellan.
“The partnership between Atlas and Magellan will bring to market an innovative new torpedo
defence system that will be the first of its kind in this growing market segment”, said Mr. Haydn
Martin, Magellan’s Vice President, Business Development, Marketing and Contracts. “We
welcome the opportunity to collaborate in this exciting new endeavor with Atlas Elektronik.”

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