Business
MDA SPACE AWARDED INITIAL CONTRACT BY CANADIAN SPACE AGENCY FOR RADARSAT CONSTELLATION MISSION REPLENISHMENT SATELLITE
MDA SPACE AWARDED INITIAL CONTRACT BY CANADIAN SPACE AGENCY FOR RADARSAT CONSTELLATION MISSION RE...
About this update from Mda Space Ltd
[{"type":"text","content":"\n\n\nMDA SPACE AWARDED INITIAL CONTRACT BY CANADIAN SPACE AGENCY FOR RADARSAT CONSTELLATION MISSION REPLENISHMENT SATELLITE\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\nCanada NewsWire\n\n\nGovernment of Canada announces intention to contract MDA Space to build, test, and launch an additional radar imaging satellite\nBRAMPTON, ON, Dec. 4, 2025 /CNW/ - MDA Space Ltd. (TSX: MDA), a trusted mission partner to the rapidly expanding global space industry, announced today it has been awarded a contract by Public Services and Procurement Canada on behalf of the Canadian Space Agency (CSA) valued at $44.7 million to procure and deliver critical long lead parts in support of the RADARSAT Constellation Mission (RCM) replenishment satellite development. The Government of Canada further announced its intention to contract MDA Space to build, test, and launch this additional satellite for the RCM. The contract for the full mission is expected to be awarded in 2026, subject to contract finalization and approvals.\n\n\n\n\n\n\n\nThese contracts are part of the Government of Canada's $1.012 billion RADARSAT+ initiative, a 15‑year investment that the CSA announced in October 2023 to support immediate and future satellite Earth observation needs. The initiative includes funding for a replenishment satellite for the RCM as well as funding to initiate the definition of a next-generation national sovereign synthetic aperture radar (SAR) satellite system that will succeed the RCM.\nIn support of the development of the next generation satellite system, MDA Space has also been awarded a contract for $747,000 to deliver a concept study focused on a modern, resilient radar satellite system that responds to the growing demands of government, industry and communities across Canada for space-based Earth observation data. MDA Space is one of three companies selected for a study contract.\n\"We are honoured to have been selected by the CSA to support the RCM replenishment satellite project,\" said Mike Greenley, CEO of MDA Space. \"By lever...