MDA Space “full steam ahead” on Canadarm3 despite space station cancellation

MDA Space’s stock rose on Thursday after the company reported strong increased revenue, and suggested that it’s eyeing a starry future and continuing work on the Canadarm’s successor as nations ramp up a new, sovereign space race. The Brampton, Ont.-based company reported a net income of just under $30 million CAD in the first quarter of this year, with revenue up 32 percent year-over-year to $464 million. The company’s stock, $MDA, was up more than three percent following the news, and more tha