Business

MDA

MDA Finishes Strong 2023 and Looks Ahead to Growth in 2024

MDA finished off its 2023 on a strong fiscal note and expects to see continual growth for at least the next few years, the company announced in its quarterly and annual results (Feb. 28). This page is for subscribers only. Already a subscriber? Log in. Fact-driven space news, columns, business, policy, technology and more. Support independent journalism. SUBSCRIBE TODAY

Read More »
Spaced Ventures is now Mach 33

Spaced Ventures Pivots, Becomes Mach33 Financial Group

In an announcement on LinkedIn, Spaced Ventures co-founder Aaron Burnett revealed that the company is changing its strategy. The company has changed its name to “Mach33 Financial Group,” part of a refocusing effort on catering to accredited investors. Burnett called it a “bittersweet day.” This page is for subscribers only. Already a subscriber? Log in. Fact-driven space news, columns, business, policy, technology and more. Support …

Read More »
Starlink satellites in orbit prior to deployment.

Xplore, SpaceX Ready Satellite Internet Bids for 43,000 Northern Ontario Homes and Businesses

New Brunswick-based Xplore Inc. and SpaceX's Canadian office have both been tapped for offers to provide satellite Internet service to 43,000 homes and businesses in Ontario. It's part of program from the Government of Ontario that it says will see the province invest "nearly $4 billion to bring reliable high-speed internet access to every community across the province by the end of 2025."  This page …

Read More »
Government of Canada orders the MQ-9B SkyGuardian RPAS from GA-ASI in which MDA will be part of Canadian coalition working on the program

MDA Awarded $74M Contract For DND RPAS Ground Control Stations

MDA announced this morning it had been awarded a $74 million contract from General Atomics Aeronautical Systems, Inc. (GS-ASI) to support the Canadian Armed Force MQ-9B SkyGuardian Remotely Piloted Aircraft Systems (RPAS). The Government of Canada signed a deal with GS-ASI on December 19, 2023 to purchase RPAS. A Canadian team is working on the project, called Team SkyGuardian Canada and includes MDA, CAE, and …

Read More »
Canadian Space Agency logo

Canadian Space Agency Spending in 2022-23 Hits High Mark

For it's fiscal year (FY) 2022-23, the Canadian Space Agency (CSA) spent just over $498.2 million, it's highest level ever, eclipsing its previous high of $409.1 million in FY 2011-12. And this years planned spending of $537.4 million, should it hold up, would surpass the new high. This page is for subscribers only. Already a subscriber? Log in. Fact-driven space news, columns, business, policy, technology …

Read More »