MDA Ltd. rebrands MDA Space to highlight space innovation

MDA Ltd. rebrands “MDA Space” to highlight space innovation

by Clarence Oxford

Los Angeles CA (SPX) Mar 08, 2024

MDA Ltd. (TSX: MDA), a globally recognized leader in the space sector, on Thursday unveiled its transformation to MDA Space. This rebranding initiative is designed to both pay homage to the company’s storied past and to better align with its forward-looking ambitions in the burgeoning era of space exploration and commerce.

Mike Greenley, CEO of MDA Space, elaborated on the rebranding, “Integrating ‘Space’ into our name encapsulates our enduring legacy and our future trajectory. MDA symbolizes a rich history of over 55 years, signifying our participation in over 450 missions and a series of pioneering achievements. This name change underscores our pivotal role and the trust placed in us by major global entities in the space domain.”

The space economy is on an upward trajectory, evidenced by its growth to $509 billion in 2023, with forecasts suggesting a surge to $1.5 trillion by 2040. MDA Space stands at the forefront of this expansion, showcasing significant growth, an extensive global presence, and a workforce of 3,000 highly skilled professionals in space engineering, science, and related fields, spanning Canada, the United States, and the United Kingdom.

Greenley added, “Our objective is to bridge the gap between the proven and the conceivable. This has been our ethos, driving us to innovate and provide valuable solutions to our clients, tackling Earth’s most pressing issues and challenges. MDA Space is poised to facilitate and contribute to unprecedented future space missions.”

MDA Space’s commitment to innovation is underscored by its diverse portfolio of next-gen space technologies, tailored to the evolving demands of the commercial space sector.

Highlights include

+ a revolutionary software-defined satellite platform catering to the need for efficient and scalable digital constellations;

+ CHORUS, a new Earth Observation constellation to replace the RADARSAT series, will offer unmatched data and analytics capabilities;

+ and a array of commercial space robotics, leveraging advanced technology inspired by Canadarm3, aimed at a broad spectrum of space missions.

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