MDA SPACE AWARDED $1B CONTRACT TO DESIGN AND DELIVER CANADARM3 FLIGHT SYSTEM

Follow-on contract kick-starts multi-year build phase,
advances MDA Space commercial space robotics leadership position

BRAMPTON, ON, June 27, 2024 /CNW/ - MDA Space Ltd. (TSX: MDA), a trusted mission partner to the rapidly expanding global space industry, today announced that it has been awarded $1 billion from the Canadian Space Agency (CSA) for the next phases of the Canadarm3 program. The most advanced space robotics system ever conceived, Canadarm3 will be used aboard Gateway, a multinational collaboration led by NASA to establish a space station in lunar orbit to support human and robotic missions to the surface of the Moon – a key element of the Artemis program.