aerospace / news / / The Globe and Mail
MDA Space Ltd. has won a $1-billion contract with the Canadian Space Agency for the next phases of the Canadarm3 program.
MDA Space Ltd. secured a $1-billion contract to build Canadarm3 for the lunar Gateway station.
KEY POINTS
- MDA Space transitioned from subcontractor to prime contractor, providing full mission solutions and not just components.
- The company's satellite contract with Telesat grew from antennas to designing and building at least 198 LEO satellites.
- Launch costs for space missions are expected to drop from US$2,000 to US$200 per kilogram within five years.
- MDA is launching a commercial robotics line, MDA Skymaker, using technology developed for the Canadarm3 moon mission.
COMPANIES
Summarized by Newsio from The Globe and Mail. How we summarize →