• Strong business activity with backlog growing to $1.52 billion, up 122% YoY
• Steady revenue growth with revenues of $128.4 million, up 4% YoY
• Solid profitability with EBITDA of $35.6 million (27.7% margin) and adjusted EBITDA excluding non-recurring items of $27.7 million (21.6% margin)
• Key awards include Globalstar’s LEO constellation and Phase B of Canadarm3
• Subsequent to quarter-end, MDA announced the redemption of its $150 million second lien notes and refinancing of its revolving credit facility

BRAMPTON, ON (MDA PR) – MDA Ltd. (TSX: MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, today announced financial results for the first quarter ended March 31, 2022 demonstrating strong order bookings, growing backlog and solid profitability.  

Contract for robotic interfaces another important milestone as company brings full suite of commercial space products to market

BRAMPTON, ON (MDA Inc. PR) – MDA Ltd. (TSX: MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, today announced the first commercial sale of its Canadarm3 technology to Axiom Space. The contract is for the delivery of 32 external robotic interfaces for Axiom Space’s Axiom Station which is now under construction and on schedule to be the world’s first commercial space station in orbit.

LONGUEUIL, Quebec, March 10, 2022 (CSA PR) — Canada is a global leader in the space robotics market thanks to strategic investments by the Government of Canada. Today the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced that Brampton-based company MacDonald, Dettwiler and Associates Ltd. (MDA) will receive $268.9 million to execute the second phase of Canadarm3. Through this design work, Canadian industry will push its capabilities and know-how in space robotics further than ever before.

State-of-the-art facility will be home to Canadarm3 and over 700 highly-skilled employees at the forefront of the global space economy

BRAMPTON, Ont. (MDA PR) — MDA Ltd. (TSX:MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, today revealed details of its new purpose-built global headquarters and Space Robotics Centre of Excellence in Brampton, Ontario, a facility that will support the company’s ongoing growth and lay the groundwork for long-term success in the evolving commercial space robotics market.

Phase B preliminary design contract awarded to MDA as market demand for next-generation technology in the global space economy accelerates

BRAMPTON, Ont. (MDA PR) — MDA Ltd. (TSX:MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, today announced that it is receiving $269M [USD $210.76 million] from the Canadian Space Agency (CSA) for the next phase of the Canadarm3 program.

MDA receives $35.3 million [US $28.1 million] contract for long-lead Gateway External Robotics Interfaces as part of multi-year, multi-phase $billion+ program

BRAMPTON, Ont. (MDA PTR) — MDA Ltd. (TSX:MDA), a leading provider of advanced technology and services to the rapidly-expanding global space industry, today announced that it has been awarded a $35.3 million [US $28.1 million] contract from the Canadian Space Agency (CSA) for the design of the Gateway External Robotics Interfaces (GERI), a key component of Canadarm3 which will be installed on the international Lunar Gateway.

LONGUEIUL, Que. (CSA PR) — Having recently celebrated 20 years on the International Space Station (ISS), Canada’s iconic robotic arm is getting another boost in autonomy.

Originally designed to be controlled by astronauts in space, Canadarm2 was quickly adapted for ground control in its early years. A joint CSA-NASA team of robotics flight controllers now carefully plan and execute most manoeuvres of Canada’s space robots from Houston and Saint-Hubert, Quebec.

Government of Canada’s Space Strategy supports the future of space exploration, space science and technology and jobs.

LONGUEUIL, Que., May 26, 2021 – As we plan for humanity’s return to the Moon, there is great potential for Canadian entrepreneurs and scientists to advance lunar science and technology. Canadians will play an important role in the highly competitive and innovative global supply chain of the expanding new space economy.

That is why, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry today announced investments of $3 million in technology initiatives for lunar exploration through the Canadian Space Agency (CSA).

LONGUEUIL, Que. (CSA PR) — It’s an understatement to say that 2020 was an exceptional year. As the year draws to a close, here’s a look at some of the most compelling, inspirational and incredible moments for Canada in space. Happy New Year!

WASHINGTON (NASA PR) — In 2020, NASA made significant progress on America’s Moon to Mars exploration strategy, met mission objectives for the Artemis program, achieved significant scientific advancements to benefit humanity, and returned human spaceflight capabilities to the United States, all while agency teams acted quickly to assist the national COVID-19 response.