MDA Space Ltd TSE: MDA stock News
On September 22, 2026, MDA Space Ltd. (TSX: MDA) announced it has been awarded a C$145 million contract by the Australian Space Agency to provide the integrated communication and robotics suite for the "Roo--ver" lunar mission. The agreement includes the design and manufacturing of a high--capacity X--band communication system and a specialized robotic sampling arm, leveraging the company's heritage in Canadarm technology. This contract represents a strategic expansion of MDA's footprint in the Asia--Pacific region and reinforces its position as a leading provider of lunar surface infrastructure. The project is scheduled to enter the production phase immediately, with hardware delivery to mission partners slated for the fourth quarter of 2027.