Tag Archives: MDA

“We’re on a cliff.” That’s how Don Osborne, President of MDA’s Information Systems in Canada, described the current status in Canada without a new space strategy in place. But before you get too alarmed, Osborne did say he’s optimistic that the government is listening, which suggests that a new meaningful space strategy is forthcoming.

Continuing with our Summer Reading Series of articles or interviews that still have some relevance today, we present Canada’s Fledging Rover Program Is Facing A Rocky Future which outlined the state of rover development in Canada in the fall of 2011. The story was written by Elizabeth Howell and originally published in Space Quarterly Magazine in December 2011. Six years later many of the same players are still …

MDA, which had announced in early May the creation of Space Infrastructure Services (SIS) to handle its nascent satellite servicing business, today announced that Finance Technology Leverage LLC would take a majority stake in SIS and that global satellite communications company SES would be its first customer.

Even as MDA revenues were lower in the first quarter of the year, the company continues with its restructuring to position itself for future growth with a more diversified product base.

Canada Post has released the third stamp in a set of 10 that is being issued to mark Canada’s 150th birthday.  The stamp features the iconic Canadarm and was unveiled by Canadian Space Agency astronaut Jeremy Hansen at at Glen Ames Senior Public School on April 28.

On December 6, 2016 Space Systems Loral (SSL), a subsidiary of MacDonald Dettwiler and Associates Ltd. (MDA), was notified by NASA’s Marshall Space Flight Center that there had been a data breach of their proprietary data on a NASA server. Orbital ATK was responsible. SSL is now suing them, and publicly, it looks bad for Orbital ATK.

NASA appears to have been spared a major cut to its budget according to the NASA 2018 Fiscal Year (FY) Budget Blueprint. The Trump Administration’s FY2018 budget blueprint would see less than a 1% cut to NASA’s budget and is proposing it be set at $19.1 billion. 

In this weeks Short Cuts we talk about another blockbuster deal by MDA in the acquisition of DigitalGlobe, Deep Space Industries revenue revealed, GHGSat confirms it will acquire two more satellites, the Canadian Space Agency wants your input on technology development and more.

It turns out the acquisition of Space Systems Loral (SSL) in 2012 was just the opening act in MDA’s U.S. strategy. Today the company announced that it was acquiring DigitalGlobe for $3.1 billion (US$2.4 billion) in shares and cash. The deal includes taking on DigitalGlobe’s $1.6 billion (US$1.2 billion) in net debt. Both companies reported their 2016 revenue today, which when combined, is just over $3 …

According to the Wall Street Journal, MDA is in advanced talks to acquire DigitalGlobe. If a deal does emerge, it would be a significant acquisition. As reported by the Journal’s Dana Mattioli, “terms of the potential deal couldn’t be learned, but given DigitalGlobe’s market value of $1.8 billion Friday afternoon and a typical takeover premium, it could be worth between $2 billion and $3 billion. …