Mr. Mike Greenley reports

MDA SPACE AWARDED $250M CONTRACT EXTENSION TO SUPPORT ROBOTICS OPERATIONS ON THE INTERNATIONAL SPACE STATION

MDA Ltd. has received a $250-million contract extension from the Canadian Space Agency (CSA) to continue supporting robotics operations on the International Space Station (ISS) from 2025 to 2030.

As part of the contract, MDA will now fulfil robotics flight controller duties to support mission operations on the ISS.

"Robotics flight controllers are the pilots in the control room who make real-time decisions and plan exactly how robotics on the ISS are utilized and executed to support immediate and long-term mission plans, and we're honoured to be taking on this important role," said Mike Greenley, chief executive officer of MDA. "This further solidifies MDA Space as a trusted mission partner and global leader in mission-critical space robotics operations, and strategically positions our team to offer mission operations as a commercial service to customers globally."

Since 2001, MDA has worked alongside the CSA and its international partners to provide operational readiness of the Mobile Servicing System (MSS), which comprises Canadarm2, Dextre and the Mobile Base System (MBS). MDA also provides training to the robotic operators and supports mission planning, engineering support and real-time operations.

The contract will be added to the company's backlog in the second quarter of fiscal 2024.

About MDA Ltd.

Building the space between proven and possible, MDA is a trusted mission partner to the global space industry. A robotics, satellite systems and geointelligence pioneer with a greater-than-55-year story of world firsts and more than 450 missions, MDA is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The MDA team of more than 3,000 space experts in Canada, the United States and the United Kingdom has the knowledge and know-how to turn an audacious customer vision into an achievable mission -- bringing to bear a one-of-a-kind mix of experience, engineering excellence and wide-eyed wonder that has been in its DNA (deoxyribonucleic acid) since day 1.

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