MDA Space reports C$99.5 million in Q2 robotics revenue
MDA Space reported second-quarter Robotics & Space Operations revenue of C$99.5 million, up 13.1% year over year, as work increased on Canadarm3.
Evidence notes
- First-half Robotics & Space Operations revenue reached C$191.1 million, up 15.6% from C$165.3 million a year earlier.
- Quarterly segment revenue increased by C$11.5 million, while first-half segment revenue increased by C$25.8 million.
- MDA Space attributed both increases to a higher volume of work on the Canadarm3 programme.
Company context
MDA Space develops space robotics, satellite systems and geointelligence technology for government and commercial missions.