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.
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.
Saint-Hubert, Quebec (CSA PR) — Since its installation on the International Space Station (ISS) in 2001, Canadarm2 has performed hundreds of important tasks, including assembling the Station’s modules, keeping the ISS in shipshape, and lending astronauts a hand during spacewalks.
BRAMPTON, Ont. (MDA PR) — MDA announced today that it has been awarded a contract from the Canadian Space Agency (CSA) to develop Canadarm3, the third generation Artificial Intelligence (AI)-based robotic system destined for “Gateway”, a lunar-orbiting international space station. The contract involves the award of Phase A of the Canadarm3 program, with options for the follow-on phases.
LONGUEIUL, Quebec (CSA PR) — The Canadian Space Agency (CSA) is working with national and international partners to write the next chapter of space exploration—sending humans to more distant destinations like the Moon and Mars.
Today, the CSA proudly joined other space agencies – NASA, the Australian Space Agency, the Italian Space Agency, the Japan Aerospace Exploration Agency, the Luxembourg Space Agency, the United Arab Emirates Space Agency, and the UK Space Agency – in signing the Artemis Accords. This commitment is an important first step towards ensuring safe and sustainable exploration beyond Earth’s orbit.
Moves end-over-end to reach many parts of the International Space Station, where its anchoring “hand” plugs into a power, data, and video outlet. Because it is mounted on the Mobile Base, the arm can travel the entire length of the Space Station.
Will move end-over-end to reach many parts of the Lunar Gateway, where its anchoring “hand” will plug into a power, data, and video outlet. The arm will be able to travel and bring tools to the entire length of the Lunar Gateway.
Fixed to the shuttle by one end.
No fixed end.
No fixed end.
Degrees of freedom
Six degrees of freedom. Similar to a human arm: Two joints in the shoulder One joint in the elbow Three joints in the wrist
Seven degrees of freedom. Very similar to a human arm: Three joints in the shoulderOne joint in the elbow Three joints in the wrist
Seven degrees of freedom. Very similar to a human arm: Three joints in the shoulder One joint in the elbow Three joints in the wrist
Elbow rotation limited to 160 degrees.
Each of Canadarm2’s joints rotate 270 degrees in each direction, a total of 540 degrees. This range of motion is greater than that of a human arm.
Each joint will be able to rotate almost 360 degrees.
No sense of touch.
Force-moment sensors provide a sense of “touch”. Automatic collision avoidance.
Force-moment sensors provide a sense of “touch”. Automatic collision avoidance. 3D Vision Sensor Tool that maps objects around it.
Canadarm3 will be Canada’s contribution to the US-led Gateway, a lunar outpost that will enable sustainable human exploration of the Moon. This highly autonomous robotic system will use cutting-edge software to perform tasks around the Moon without human intervention.