10:28 AM EDT, 07/29/2025 (MT Newswires) -- MDA Space ( MDALF ) on Tuesday said that it has been selected by the Canadian Space Agency (CSA) to conduct an early-phase study for Canada's proposed Lunar Utility Vehicle (LUV).

The company said that the MDA Space ( MDALF )-led team will bring together "best-in-class Canadian expertise, powered by the critical contributions" of the Centre de Technologies Avancees BRP - Universite de Sherbrooke (CTA) and the University of Toronto Institute for Aerospace Studies (UTIAS).

The initial phase study will focus on mission architecture, technology options and risk assessments, ensuring that the technologies required for future lunar logistics and mobility are mission ready. As part of this effort, the company said that the team will integrate MDA SKYMAKER, a full suite of scalable and modular space robotics derived from Canadarm technology.

"We're proud to be working alongside CTA and UTIAS to help shape Canada's role in lunar exploration," said MDA Space's ( MDALF ) Chief Executive Officer, Mike Greenley. "This early concept study will help build the foundation for new lunar logistics solutions to support long-term human presence on the Moon, enabling reliable delivery of cargo, resources, and mobility for future missions."

The company's shares were last seen down 1.2% to $39.36 on the Toronto Stock Exchange.

Price: 39.19, Change: -0.65, Percent Change: -1.63