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Meet the space prodigy building MDA’s next-generation Canadarm
HOLLY JOHNSON grewupwithher eyes on the stars in a family full of engineers. She also happened to be down the street from MDA’s headquarters, where she now runs the space and robotics program developing the AI-enabled Canadarm3
opinion
Russia often threatens to leave the International Space Station. This time could be different
Michael Byers and Aaron Boley
inside the market
Tuesday’s small-cap stocks to watch
A sign board displays the TSX as women walk past the Richmond Adelaide Centre in the financial district in Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler
opinion
CSA’s proposal for company disclosures has downsides for investors
Jean-Paul Bureaud and Edward Waitzer
report on business
Space technology firm MDA reports first-quarter profit, revenue up 4% from year ago
Exteriors of the MDA Brampton facility, on April 6, 2021. The lab emulates Dextre (a manipulator for performing fine tasks) for performing and other future robotic servicing missions. MDA is best known for manufacturing the Canadarm which has been used during the NASA shuttle missions, and is employed on the International Space Station (ISS). Fred Lum/The Globe and Mail
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Satellite and space technology firm MDA reports $600,000 fourth-quarter profit, revenue up 15% from year ago
Exteriors of the MDA Brampton facility, on April 6, 2021. The lab emulates Dextre (a manipulator for performing fine tasks) for performing and other future robotic servicing missions. MDA is best known for manufacturing the Canadarm which has been used during the NASA shuttle missions, and is employed on the International Space Station (ISS). Fred Lum/The Globe and Mail
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Canadian Space Agency awards $269-million contract to MDA for next phase of Canadarm 3 program
Mike Greenley, president of MDA comments during the announcement of a Quebec government tentative agreement with Telesat LEO Inc. and MacDonald, Dettwiler and Associates Ltd. to invest in Telesat Lightspeed in Montreal on Thursday, February 18, 2021. MDA Ltd. says it has won a $269-million contract from the Canadian Space Agency for the next phase of the Canadarm3 program. THE CANADIAN PRESS/Paul Chiasson
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Canada’s MDA providing Ukraine with satellite imagery to fight Russia
Mike Greenley, CEO of MDA, is photographed at the company’s Brampton facility, on April 6, 2021. MDA is best known for manufacturing the Canadarm which has been used during the NASA shuttle missions, and is employed on the International Space Station (ISS). Fred Lum/The Globe and Mail
inside the market
Tuesday’s analyst upgrades and downgrades
A pedestrian walking past a Bell store on Queen St. West in Toronto in December of 2020.
report on business
Canadarm maker MDA’s CEO touts rapidly growing space economy
Mike Greenley, CEO of MDA, is photographed in the company’s DREAMR lab at the company’s Brampton facility, on April 6, 2021. The lab emulates Dextre (a manipulator for performing fine tasks) for performing and other future robotic servicing missions. MDA is best known for manufacturing the Canadarm which has been used during the NASA shuttle missions, and is employed on the International Space Station (ISS). Fred Lum/The Globe and Mail
technology
Canada’s IPO craze hit by growth stock selloff, Canadarm maker MDA slashes deal size by 20%
MDA, the maker of the Canadarm, says it has begun designing a replacement for its Radarsat-2 satellite, which is used by government agencies and corporations to monitor everything from illegal fishing to ice in the north.
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Canadarm-maker MDA targets quadrupling revenue in prospectus for $500-million IPO
STS100-396-007 (19 April -1 May 2001) --- Astronaut Scott E. Parazynski, mission specialist, works with cables associated with the Space Station Remote Manipulator System (SSRMS) or Canadarm2 during one of two days of extravehicular activity (EVA). Parazynski shared both space walks with astronaut Chirs A. Hadfield of the Canadian Space Agency (CSA).
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Canadarm maker MDA plans to file for IPO in coming days
MDA Building.jpg MDA NEW LOGO Credit MDA
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Canadarm maker MDA taps public markets veteran as chief financial officer in advance of expected IPO this year
MDA, the maker of the Canadarm, says it has begun designing a replacement for its Radarsat-2 satellite, which is used by government agencies and corporations to monitor everything from illegal fishing to ice in the north.
report on business
Quebec investing $400-million in Telesat satellite internet venture
Telesat president and CEO Daniel Goldberg comments during the announcement of a Quebec government tentative agreement with Telesat LEO Inc. and MacDonald, Dettwiler and Associates Ltd. to invest in Telesat Lightspeed in Montreal on Thursday, February 18, 2021. THE CANADIAN PRESS/Paul Chiasson
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Canadian Space Agency awards Canadarm3 contract worth $22.8-million to MDA
The Canadarm 2 reaches out to capture the SpaceX Dragon cargo spacecraft and prepare it to be pulled into its port on the International Space Station, on April 17, 2015.
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Canadarm-maker MDA has strong growth prospects and will likely go public, investors say as $1-billion takeover closes
iss059e061425 (May 13, 2019) --- The Canadarm2 robotic arm with its robotic hand, also known as Dextre, attached for fine-tuned robotics work extends across the frame as the International Space Station orbited 256 miles above the Atlantic Ocean. The SpaceX Dragon resupply ship is pictured at right berthed to the Harmony module. PHOTO BY NASA