MDA will design and build antennas as part of space security program
BRAMPTON, ON (MDA Ltd. PR) – MDA Ltd. (TSX: MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, today announced it has been awarded a contract from York Space Systems. The contract will see MDA design and build Ka-Band steerable antennas for satellites to be produced by York Space Systems.
BRAMPTON, ON (MDA Ltd. PR) — MDA Ltd. (TSX: MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, today announced Holly Johnson has been appointed as the company’s Vice President of Robotics and Space Operations (RSO), reporting to MDA Chief Executive Officer, Mike Greenley. Ms. Johnson stepped into the role in an acting capacity earlier this year.
With 14 years of experience at MDA, including a decade in engineering and business development and four years in corporate operations, Ms. Johnson is ideally positioned to lead the RSO business area as it accelerates through a period of tremendous growth, maximizes new commercial market opportunities, and focuses on delivering Canadarm3.
Illegal fishing is the planet’s 6th largest crime and poses incredible risks to the preservation and health of ocean ecosystems
BRAMPTON, Ont. (MDA PR) — MDA Ltd. (TSX:MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, announced today at the 2022 UN Ocean Conference a major new contribution to international efforts to monitor, track and intercept illegal, unreported and unregulated (IUU) fishing activities using satellite technology.
Contract will see MDA design and build antennas and control electronics for 42 low Earth orbit satellites
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 it has been awarded a contract from Lockheed Martin (NYSE: LMT) as part of the Space Development Agency (SDA) Tranche 1 Transport Layer (T1TL) program.
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.
MDA’s commercial robotic arm shown on a Lockheed Martin and GM lunar rover. (Image Credit: CNW Group/MDA Inc.)
BRAMPTON, ON & COLORADO SPRINGS, Colo. (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 working with Lockheed Martin and General Motors to integrate MDA’s commercial robotic arm technology on their planned human-rated lunar mobility vehicles.
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.
An artist’s concept of Canadarm3’s large arm on the Lunar Gateway. (Credits: Canadian Space Agency, NASA)
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.
The $143 million contract is the largest spacecraft bus order placed with Rocket Lab to date, encompassing the design and manufacture of 17 state-of-the-art spacecraft for Globalstar’s newest satellites
LONG BEACH, Calif., February 24, 2022 (Rocket Lab PR) — Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced that it has been awarded a subcontract by MDA Ltd (TSX: MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, to lead the design and manufacture of 17 spacecraft buses for Globalstar’s new Low Earth Orbit satellites. Globalstar, Inc. (NYSE American: GSAT) is a leading provider of Mobile Satellite Services including customizable satellite IoT solutions for individuals and businesses globally.