MDA
MDA Space UK Selected by OHB to Provide Advanced Lunar Landing Sensors for European Space Agency's Argonaut Mission
Article Summary
HOLD- MDA Space Ltd. (TSX: MDA) announced it has received a Pre-Authorisation to Proceed (PATP) contract from OHB System AG to deliver critical lunar landing sensors for the European Space Agency's Argonaut spacecraft, with MDA expected to supply two flight units of its LEIA Light Detection and Ranging sensor for Argonaut's inaugural mission to the Moon subject to execution of a definitive agreement.
- The Argonaut programme, led by ESA, represents Europe's first independent lunar landing capability with the flagship mission transporting cargo and scientific instruments in support of sustained lunar presence, in coordination with NASA's Artemis programme.
- The partnership with OHB underscores MDA Space's expertise in autonomous landing technologies and demonstrates strength and innovation of the UK space sector.
- The LEIA sensor will enable Argonaut to identify and navigate surface hazards such as craters, boulders, and rough terrain during descent to the lunar surface, with 3D scanning LiDAR generating real-time terrain maps, allowing the spacecraft to autonomously select a safe landing site.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 44.2% | 25% | 95.0 ptsOutstanding (44.2%) - Very strong |
| EPS Growth Next 5Y ? | 10.3% | 25% | 35.0 ptsBelow Screener (10.3%) - Modest outlook |
| Target Price Upside ? | 48.7% | 20% | 95.0 ptsHuge Upside (48.7%) - Target: $46.90 vs Current: $31.54 |
| Gross Margin % ? | 19.5% | 15% | 20.0 ptsThin (19.5%) - Low-margin business |
| Drawdown from 52-Wk High ? | -36.1% | 15% | 80.0 ptsSolid Dip (-36.1%) - Good entry zone |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
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About MDA
- MDA Space Ltd. provides space technology solutions and services in Canada, the United States, Europe, Asia, the Middle East, and internationally.
- It offers satellite communications solutions, such as space-based broadband Internet, direct-to-device satellite communication, and IoT connectivity; MDA AURORA, a software-defined digital satellite product line; and autonomous robotics systems and services used to operate in space and on the surfaces of the Moon and Mars.
- The company also provides robotic systems, robotic interfaces, tooling, robotic ground control stations, and operations services; electro-optic and light detection and ranging sensors, vision and targeting systems, guidance, navigation, and control subsystems and planetary rover locomotion subsystems; MDA SKYMAKER, a suite of scalable and modular space robotics; and Canadarm3, a robotics system.
- In addition, it offers satellite-generated imagery and data to deliver critical and value-added insights for end users, such as national security, climate change monitoring, and maritime surveillance; collection, processing, and dissemination of Earth imagery data from space; defense command, control, communications, computers, intelligence, surveillance, and reconnaissance solutions, including command and control systems and airborne surveillance solutions; aeronautical navigation information solutions; and long endurance uncrewed aerial vehicle surveillance services.
- Further, operates as an owner and operator of the RADARSAT-2 Earth observation satellite; and is involved in the operation of MDA CHORUS, an Earth observation mission.
- It serves governments and space agencies, commercial space companies, and defense and aerospace prime contractors in the space industry.
- The company was formerly known as MDA Ltd. and changed its name to MDA Space Ltd. in May 2024.
- MDA Space Ltd. was incorporated in 1969 and is headquartered in Brampton, Canada.