Tag

Mda

All articles tagged with #mda

ACT for ALS Reauthorization Passes Congress with One Day to Spare

ACT for ALS Reauthorization Passes Congress with One Day to Spare

The ACT for ALS Reauthorization Act passed the US Senate on September 28, 2026, by unanimous consent, just one day before the previous authorization was set to expire. The bill, which extends funding for ALS research and experimental treatments through 2031, has now been sent to President Trump for signature. The passage was driven by intense advocacy from the I AM ALS community and public pressure, including a petition campaign promoted by AEW wrestler Rebel, who is living with terminal ALS. The Muscular Dystrophy Association (MDA) and other advocacy groups are urging the President to sign the bill quickly to prevent a lapse in critical funding for patients with amyotrophic lateral sclerosis (ALS).

US Pursues Agile Forward-Based Radar Next to Harden Missile Defense
defense2 months ago

US Pursues Agile Forward-Based Radar Next to Harden Missile Defense

The U.S. Missile Defense Agency is seeking innovative, mobile prototypes for a Forward-Based Mode (FBM) Radar Next to replace or augment the current AN/TPY-2. The goal is a highly deployable, open-architecture, modular radar that can be rapidly set up in austere forward locations and integrated with the C2BMC system, improving survivability against missiles and drones amid a broader threat landscape that includes space-enabled targeting. The effort, conducted through an OTA prototyping approach, aligns with a 2027 budget push for next-generation radar prototypes and contemplates either a single integrated aperture or multiple distributed arrays, while remaining part of the THAAD/PATRIOT ecosystem.

SatixFy sells satellite payload subsidiary to MDA in $60 million deal
business3 years ago

SatixFy sells satellite payload subsidiary to MDA in $60 million deal

SatixFy, an Israeli satcoms equipment maker, is selling its satellite payload subsidiary, SatixFy Space Systems UK Ltd, to Canadian space hardware specialist MDA in a $60 million strategic transaction. MDA will acquire SatixFy's digital beam-forming antennas and onboard processors, expanding its next-generation satellite capabilities. The deal comes after MDA won a $1.6 billion contract to build LEO satellites for Telesat. As part of the agreement, MDA will also make $20 million in advanced payments for chips used in satellites and ground systems. The transaction is expected to close by the end of the year, pending regulatory and shareholder approvals.

Telesat's Supplier Swap Saves $2 Billion, Stock Surges 50%
business3 years ago

Telesat's Supplier Swap Saves $2 Billion, Stock Surges 50%

Telesat, a Canadian telecommunications satellite operator, experienced a surge in stock prices after announcing a supplier swap for its Lightspeed global internet network. Canadian space company MDA will now build the Lightspeed satellites, resulting in approximately $2 billion in cost savings. Telesat plans to launch the first satellites in mid-2026, with global service commencing once 156 satellites are in orbit. The company's focus remains on enterprise customers, distinguishing itself from competitors like SpaceX's Starlink and Amazon's Kuiper. Telesat also reported second-quarter results, including a decrease in revenue but a significant increase in net income due to a payment from the FCC for clearing spectrum for 5G use in the U.S.