Canada invests in MDA
March 30, 2023
The Canadian government is to invest C$1.2 billion (€0.81bn) into space robotics and satellite business MDA (the former Macdonald, Dettwiler & Associates) and perhaps best known for its Canadarm robotic device used on Space Shuttles. The announcement was made as part of Canada’s annual financial budget.
“MDA is extremely pleased to see Canada take a giant leap in the rapidly-growing space economy with a significant commitment to a new flagship robotics mission to the surface of the Moon. The C$1.2 billion investment towards a Canadian lunar utility vehicle sends a loud and important signal to the global commercial and government space community that Canada is open for business and intends to aggressively compete to secure our share of this advanced tech innovation market and the high-quality jobs it will create,” said MDA.
MDA says it is well positioned to serve most sectors of the space market across our three business areas – Geointelligence, Robotics and Space Operations and Satellite Systems.
In the past 24 months, MDA has hired approximately more than 1,500 people in Canada to fuel the company’s growth.
MDA serves the world from its Canadian home and global offices, MDA is an international space mission partner and a robotics, satellite systems and geo-intelligence pioneer with a 50-year story of firsts on and above the Earth. With over 2,700 employees across Canada, the US and the UK, MDA is leading the charge towards viable Moon colonies, enhanced Earth observation, communication in a hyper-connected world, and more. With a track record of making space ambitions come true, MDA enables highly skilled people to continually push boundaries, tackle big challenges, and imagine solutions that inspire and endure to change the world for the better, on the ground and in the stars.