MDA ANNOUNCES SECOND COMMERCIAL SALE OF SPACE ROBOTICS TECHNOLOGY TO AXIOM SPACE

Nirina Zubir

Contract for payload interfaces additional expands MDA’s footprint within the rising business area infrastructure market

BRAMPTON, ON, Sept. 20, 2022 /CNW/ – MDA Ltd. (TSX: MDA), a number one supplier of superior expertise and companies to the quickly increasing world area trade, at present introduced the second business sale of its merchandise derived from Canadarm3 expertise to Axiom Area.

MDA ANNOUNCES SECOND COMMERCIAL SALE OF SPACE ROBOTICS TECHNOLOGY TO AXIOM SPACE

MDA emblem (CNW Group/MDA Inc.)

The brand new contract is for the supply of 62 payload interface pairs for Axiom Area’s Axiom Station. The interfaces will present mechanical, electrical, and information connections for payloads which are externally mounted on Axiom Station to carry out actions together with scientific analysis, Earth commentary, communications, and a number of different purposes.

That is the second business contract signed between MDA and Axiom this 12 months, and units the stage for additional alternatives prematurely of the primary deliberate Axiom Station launch in 2024.

“This new contract is the newest milestone in our journey with Axiom Area, additional solidifying MDA’s function because the world’s main area robotics firm and a key enabler within the world business area market,” mentioned Mike Greenley, CEO of MDA. “As demand for area robotics and different important area infrastructure continues to broaden, MDA is uniquely positioned with the data, experience and expertise to satisfy the growing business want for value efficient human-rated robotic expertise and companies.”

“MDA and Axiom are constructing a strong partnership for the way forward for the world’s first business area station. Our rising work collectively displays excellent progress in the direction of the event of Axiom Station,” mentioned Michael Suffredini, President and CEO of Axiom Area. “Canadarm3 has the confirmed capabilities and modern expertise that can assist us kind the foundational infrastructure for the next-generation microgravity platform, enabling a various financial system in orbit pushed by merchandise made by world-class consultants.”

Constructed and operated by way of non-public sector funds, Axiom Station will initially be hooked up to the Worldwide Area Station (ISS). It would separate from the ISS earlier than the ISS companions decommission it on the finish of the last decade, and can subsequently function a worldwide analysis and business hub establishing a sturdy and aggressive financial system in Low Earth Orbit (LEO) – together with in-space manufacturing, human spaceflight missions to LEO, and deep area exploration.

ABOUT MDA

Serving the world from its Canadian house and world workplaces, MDA (TSX: MDA) is a global area mission associate and a robotics, satellite tv for pc programs and geointelligence pioneer with a 50-year story of firsts on and above the Earth. With over 2,500 employees throughout Canada, the US and the UK, MDA is main the cost in the direction of viable Moon colonies, enhanced Earth commentary, communication in a hyper-connected world, and extra. With a monitor document of creating area ambitions come true, MDA permits extremely expert folks to repeatedly push boundaries, sort out massive challenges, and picture options that encourage and endure to alter the world for the higher, on the bottom and within the stars.

Ahead-looking Statements

This press launch incorporates ahead–trying data throughout the that means of relevant securities laws, which displays the Firm’s present expectations relating to future occasions. Ahead–trying data relies on quite a few assumptions and is topic to quite a few dangers and uncertainties, lots of that are past the Firm’s management, which might trigger precise outcomes and occasions to vary materially from these which are disclosed in or implied by such ahead–trying data. Such dangers and uncertainties embody, however will not be restricted to, the components mentioned underneath “Threat Components” in MDA’s Annual Info Type out there on SEDAR at www.sedar.com. MDA doesn’t undertake any obligation to replace such ahead–trying data, whether or not on account of new data, future occasions or in any other case, besides as expressly required by relevant legislation.

LINKS

www.mda.area

SOCIAL MEDIA

Twitter:            www.twitter.com/MDA_space 
Fb:       www.fb.com/MDAspace 
LinkedIn:         www.linkedin.com/firm/mdaspace 
YouTube:        www.youtube.com/c/mdaspace 
Instagram:      www.instagram.com/MDA_space

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View unique content material to obtain multimedia:https://www.prnewswire.com/news-releases/mda-announces-second-commercial-sale-of-space-robotics-technology-to-axiom-space-301627487.html

SOURCE MDA Inc.

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View unique content material to obtain multimedia: http://www.newswire.ca/en/releases/archive/September2022/20/c0690.html

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