This Canadian space services shop spent 2023 lining up big projects across its satellite and robotics businesses. In August, the global satellite operator Telesat selected MDA Space as its primary satellite provider for the new Telesat Lightspeed low Earth orbit (LEO) services, a contract worth more than $1.5 billion. Telesat will be the first customer to use MDA Space’s new “digital satellite” product, which can provide more beams of data per satellite—enabling real-time adjustments to meet demand and lower costs.
On the robotics front, in March, MDA Space received $269 million (CAD) from the Canadian Space Agency to complete the preliminary design of its Canadarm3 robotics system, which will be used for heavy lifting aboard the NASA-led Gateway lunar orbit space station. The first components of Canadarm3 entered production in 2023.
Explore the full 2024 list of Fast Company’s Most Innovative Companies, 606 organizations that are reshaping industries and culture. We’ve selected the firms making the biggest impact across 58 categories, including advertising, artificial intelligence, design, sustainability, and more.
Login to add comment
Other posts in this group
Let’s say you own one of the most valuable homes in a lush, gated community that has been earmarked as a future point of growth for decades to come. One day, a letter appears in your mailbox, offe
Everyone has a favorite moment from Super Bowl LIX. Eagles fans likely will long cherish the decisive victory over the Chiefs. Some will discuss Kendrick Lamar’s game-changing halftime show. Me? I
“Insane project idea: all of wikipedia on a single, scrollable page,” Patina Systems founder Tyler Angert posted on X earli
A group of investors led by Elon Musk has given OpenAI an unsolicited offer of $97.4 billion to buy the nonprofit part of OpenAI. An attorney for the group submitted the bid to OpenAI Monday, the
The world’s leading minds in AI are gathering in Paris for the AI Action Summit, which kick
Brendan Vaughn, editor-in-chief of ‘Fast Company,’ interviews Credo AI’s CEO on AI governance trends at the World Economic Forum 2025.
