MDA wins $1-billion contract to build Canadarm3 for NASA-led moon missions [Globe and Mail, The (Toronto, Canada)]
Telesat Corporation (TSAT)
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Source: Globe and Mail, The
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. The Canadian Press Shares of MDA Space Ltd. jumped by 13 per cent Thursday after the Canadian Space Agency awarded a $1-billion contract to the Brampton, Ont. company to do final design work on the latest version of the venerated Canadarm for use on future moon missions. The contract, which runs through March 2030, was hardly a surprise: the 55-year old space equipment vendor had previously won two smaller contracts starting in 2020 totaling $309-million to do early concept and preliminary design work for the robotic arm, known as Canadarm3. It will be used aboard the Gateway space station, a multinational undertaking led by the U.S. National Aeronautics and Space Administration (NASA) that will orbit the moon and support human and robot missions to its surface under the Artemis program. Canadian astronaut Jeremy
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