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MDA SPACE AWARDED $1B CONTRACT TO DESIGN AND DELIVER CANADARM3 FLIGHT SYSTEM

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Follow-on contract kick-starts multi-year build phase,
advances MDA Space commercial space robotics leadership position

BRAMPTON, ON, June 27, 2024 /PRNewswire/ – MDA Space Ltd. (TSX: MDA), a trusted mission partner to the rapidly expanding global space industry, today announced that it has been awarded $1 billion from the Canadian Space Agency (CSA) for the next phases of the Canadarm3 program. The most advanced space robotics system ever conceived, Canadarm3 will be used aboard Gateway, a multinational collaboration led by NASA to establish a space station in lunar orbit to support human and robotic missions to the surface of the Moon – a key element of the Artemis program.

The contract includes funding for Phase C (final design) and Phase D (construction, system assembly, integration and test) of the full robotics system, comprised of a large arm, a smaller dexterous arm, specialized tools for performing maintenance and science tasks, as well as a ground segment for command and control. MDA Space will support commissioning of the Canadarm3 robotics system once in orbit from the company’s new mission control facility at its global headquarters and Space Robotics Centre of Excellence in Brampton, Ontario. The contract will also include planning and personnel training in preparation for on-orbit mission operations.

“We are entering an exciting period where Canadarm3 will take shape and come to life on our production floor. This critical investment in Canadarm3 reinforces and expands our national and industry leadership as a new era of space opens up,” said Mike Greenley, Chief Executive Officer of MDA Space. “This major milestone also reflects our strategy in action as we build our significant backlog and bring to market a new generation of commercial space products and services.”

Leveraging technology derived from Canadarm3, MDA Space has introduced a new suite of commercial space robotics, MDA SKYMAKERTM, which will provide customers globally with access to the world’s most flight-proven space robotics solutions and services. This contract is a key milestone in continuing to progress the development of our commercial technologies that will serve emerging markets such as commercial space stations, lunar surface rovers and landers, satellite servicing in all orbits, and in-space assembly and manufacturing. With commercialization being an important goal of the Canadarm3 program, MDA Space is already gaining traction in the rapidly-growing commercial space market.

“This contract highlights Canada’s commitment to the next chapter of lunar exploration. Building on the legacy of strategic investments in space robotics, Canadarm3 showcases our commitment to innovation,” added the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry. “Beyond enhancing Canada’s position of developing and retaining top talents and world-renowned innovators, this initiative supports high-quality jobs and opportunities for growth within the country’s expanding space sector.” 

Phase C and D of the contract will involve over 200 Canadian companies in the MDA Space supply chain, supporting job creation, skills development and economic and export opportunities for the Canadian space industry.

The contract is expected to run until March 2030, and will be added to MDA’s backlog in the second quarter of fiscal 2024.

ABOUT MDA SPACE

Building the space between proven and possible, MDA Space (TSX:MDA) is a trusted mission partner to the global space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The MDA Space team of more than 3,000 space experts in Canada, the US and the UK 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’s been in our DNA since day one. For those who dream big and push boundaries on the ground and in the stars to change the world for the better, we’ll take you there. For more information, visit mda.space.

FORWARD-LOOKING STATEMENTS

This press release contains forward–looking information within the meaning of applicable securities legislation, which reflects the Company’s current expectations regarding future events. Forward–looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward–looking information. Such risks and uncertainties include, but are not limited to, the factors discussed under “Risk Factors” in the Company’s Annual Information Form available on SEDAR+ at www.sedarplus.com. MDA Space does not undertake any obligation to update such forward–looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

SOCIAL MEDIA

LinkedIn:         linkedin.com/company/mdaspace
X:                    twitter.com/MDA_space
Facebook:      facebook.com/MDAspace
YouTube:        youtube.com/c/mdaspace
Instagram:      instagram.com/MDA_space

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SOURCE MDA Space

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Successful Conclusion of the Inspur Software Technology Overseas Product Launch Conference in Jakarta

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JINAN, China, Sept. 25, 2024 /PRNewswire/ — The Inspur Software Technology Overseas Product Launch Conference was successfully held in Jakarta, Indonesia on September 24. This event focused on Inspur’s international product strategy and featured the significant launch of two key products: Super Portal and SmartWave IoT, providing strong momentum for the digital transformation of governments and enterprises worldwide.

In the current wave of digitalization, governments and businesses face challenges such as a proliferation of application systems and redundant data entry, creating invisible digital divides that hinder efficient development. In response, Inspur has introduced Super Portal, which comprehensively integrates data, services, applications, interfaces, and knowledge. This solution optimizes operational processes for government and enterprise users, enhances digital capabilities, and drives transformation and upgrades across various industries.

In addition, in response to the deep-seated demands of digital transformation, Inspur Software Technology has developed the SmartWave IoT platform to provide customized IoT solutions for various industries both domestically and internationally, facilitating their digital transformation and intelligent upgrades. The platform supports multiple deployment options, allowing it to easily adapt to diverse scenario requirements. Additionally, it offers various tools for diagnosing issues with abnormal devices, enabling rapid identification and resolution of device problems, greatly streamlining the maintenance management process.

Notably, the SmartWave IoT platform demonstrates robust device interaction and collaboration capabilities through its advanced rule engine and process orchestration technology. In emergency situations, it can automatically trigger relevant devices to effectively respond to unforeseen events. For instance, in the Xishuangbanna Asian Elephant Early Warning Monitoring Project, the platform successfully supported real-time observation and second-level alerts for wild Asian elephants, effectively mitigating potential risks of human-elephant conflict.

View original content:https://www.prnewswire.com/apac/news-releases/successful-conclusion-of-the-inspur-software-technology-overseas-product-launch-conference-in-jakarta-302257867.html

SOURCE Inspur Software Technology (IST)

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ASAA88 Upgrades Their Online Casino Singapore Website

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SINGAPORE, Sept. 25, 2024 /PRNewswire/ — ASAA88, Singapore’s top gaming portal, is pleased to announce the launch of their newly designed, faster and more responsive website. As the demand for online casino Singapore keeps growing, the team has been continuously working on improving the player experience – which all betting enthusiasts can witness for themselves on the new site.

ASAA88 knows how important it is for its customers to have fun when it comes to online betting in Singapore. The updated website makes it easier to find and play their favorite games, as it loads faster and adds more tools to the interface.

Several Singaporeans visit ASAA88 on a daily basis to try betting games online. It has become one of the most popular online betting sites in Singapore. The user interface, excellent customer support and the wide variety of esports, betting games and casino games is what attracts the audience.

With the new upgrades, the website will be even better than before. The new, modern, responsive design makes the website compatible with a wide range of devices- rendering perfectly across computers, tablets, and smartphones- which creates a seamless, immersive experience for all players. This means that ASAA88’s huge library of online casino games is always open, and players can use any gadget to place their bets from anywhere.

Jayden, as an Admin for the ASAA88, said, “Millions of players prefer our platform for its ease of use, prompt customer support, and transparent guidelines. With this update, accounts will be handled faster, we can serve our customers better and make the experience smooth for anyone looking for Online betting in Singapore. With a clear focus on player satisfaction, innovation, and technology, we’re continuously adding to our extensive collection of entertaining and trendy games. We are always happy to hear from our clients to understand their expectations better.”

The launch of the new website marks another milestone in ASAA88’s journey to provide the best experience for all betting enthusiasts. The company is committed to leverage the latest technologies to enhance their offerings and satisfy their customers – as it keeps inching closer to becoming Singapore’s premier betting destination.

CONTACT:
Name: Jayden
Email id: admin@asaa88.net
Contact: +6011-13262217

 

View original content:https://www.prnewswire.co.uk/news-releases/asaa88-upgrades-their-online-casino-singapore-website-302256905.html

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SINOTRUK Unveils Latest Lineup at IAA Transportation 2024

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BEIJING, Sept. 23, 2024 /PRNewswire/ — A report from China Automotive News.

At the IAA Transportation 2024 in Hannover, SINOTRUK showcases seven advanced models including Yellow River with ultra-low drag coefficient SITRAK hydrogen fuel cell tractor, and HOWO Tongshuai battery electric light truck etc., which could be visited at Booth C08 in Halls 19&20. 

SINOTRUK fulfills its commitment to green, intelligent, and efficient solutions, contributing Chinese expertise and innovation to shape the future of global commercial industry.

Eastern Aesthetics, Driven by Technological Innovation
Pioneering in China’s commercial vehicle sector, SINOTRUK has maintained a global perspective since entering international markets in 2004. SINOTRUK has topped the export sales of heavy trucks in China for 19 consecutive years, with products exported to more than 150 countries and regions. SINOTRUK has established a comprehensive sales and service network in Asia, Africa, Europe, and South America. SINOTRUK has won widespread recognition for its reliability and good performance, demonstrating strong global competitiveness.

SINOTRUK launched a complete lineup of green energy vehicles with Intelligent driving assistance system at the IAA 2024.This exhibition unfolds SINOTRUK’s expertise and vision in revolutionizing the commercial vehicle sector.

SINOTRUK’s booth shines on media day, with six innovative models exhibited. A full series of truck models covers a wide range of work scenarios, from heavy-duty trucks to light trucks and pickups.

Pioneering the Future, In Sync with a Global Green Revolution

Yellow River with ultra-low drag coefficient heavy truck
The Yellow River outperforms its counterparts in fuel efficiency and driving mileage. Multiple innovative designs were adopted to reduce drag coefficient such as electronic side mirrors, hidden door handles, and bio-mimetic fish-back trailer. A drag coefficient record at 0.286Cd could not have been set without four prototype generations and more than 500 rounds of high-precision CFD simulations conducted by a dedicated team of over 120 engineers. The record was certified by leading agencies such as TÜV Rheinland, IDIADA, and CATRC (China Automotive Technology & Research Center).

SITRAK hydrogen fuel cell tractor
SITRAK hydrogen fuel cell tractor is aimed at zero-emission long-haul transportation. Equipped with independently developed hydrogen fuel cell system, electric drive axle, intelligent powertrain and advanced control technologies, this model enables a mileage range of 1,200 kilometers. Highlighted parameters incorporate 1,100kW output and torque of 86,000N•m., dual 275kW PMSM motors on each axle, two-speed integrated electric drive axle and a comprehensive efficiency of 94.5%.  Automatic and manual modes are for options.

SITRAK Battery Electric Tractor
SITRAK electric tractor provides an efficient and reliable solution for long-haul logistics. It adopts integrated modular and Cell-to-Body design, equipped with intelligent drive system and luxurious cabin. 600kWh CATL CTB LFP modular power battery pack is mounted, which delivers a total power output of 825kW and a maximum torque of 75,000N•m, with the transmission efficiency exceeding 94.5%. The vehicle offers a range of 450 kilometers, making it a perfect solution for long-haul logistics.

HOWO Tongshuai Pro Light Truck
HOWO Tongshuai Pro stands out for its excellent efficiency and long mileage range. This model adopts a centrally-mounted 100kWh blade battery pack, which ensures safety and enables fast-charging—from 20% to 80% in just 20 minutes. The modular flat-wire permanent magnet synchronous motor generates a peak power of 140kW, while the two-speed integrated electric drive axle improves power performance by 50% and reduces overall energy consumption by 10%. The truck allows a 300 kilometers trip by a single charge.

Bolden Pickup
SINOTRUK’s Bolden pickup made its debut at IAA 2024, it offers varied models tailored for off-road, commercial, and passenger use. Bolden pickup possesses powerful performance, luxurious interiors, and intelligent safety features. The powertrain is composed of a Weichai WP2H 2.0 Turbo diesel engine and SINOTRUK’s 8-speed automatic transmission, ensuring smooth and reliable performance.

Bolden pickup presents its latest low-carbon, sustainable, and intelligent transportation solution to global customers and partners.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/sinotruk-unveils-latest-lineup-at-iaa-transportation-2024-302257887.html

SOURCE China Automotive News

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