MDA Space (TSX:MDA) has been selected to provide antenna systems for three satellites destined for geostationary orbit. These HummingSat satellites are part of the Inmarsat-8 program, which aims to enhance safety services and facilitate advancements in emergency tracking.
The contract includes the design and manufacture of high-performance L-Band navigation antennas at MDA Space’s satellite production facility located in Montreal. MDA Space is a technology provider to the global space industry and will utilize its advanced products used in various global navigation and Mobile Satellite Service missions for this project.
SWISSto12, a prominent aerospace firm in Europe and a key manufacturer of satellite and Radio Frequency products, awarded the contract to MDA Space in 2023. This collaboration marks MDA Space’s second contract in the GEO SmallSat market with SWISSto12, demonstrating their expertise in supporting safety critical missions.
Mike Greenley, CEO of MDA Space, expressed enthusiasm for the partnership with SWISSto12 and highlighted their track record in delivering on multiple constellation missions for government and commercial partners. The antennas will be constructed, assembled, and tested at MDA Space’s Montreal facility.
MDA Space specializes in robotics, satellite systems, and geointelligence for the global space industry, boasting a history of over 55 years and more than 450 missions. The company’s stock price has seen a 33.07% increase since the beginning of the year, with shares trading at C$15.33.
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(Photo: MDA Space)
