MDA Partners With Lockheed Martin, General Motors On Lunar Rover Development

Comments
Loading...
  • MDA Ltd. MDA MDALF is collaborating with Lockheed Martin Corp LMT and General Motors Co GM to integrate its commercial robotic arm technology on their planned human-rated lunar mobility vehicles.
  • "We believe this collaboration will enable all three companies to continue to define the art of the possible, push the boundaries of space innovation, and provide the world's astronauts with the technology they need to reach further than they ever have before," said MDA CEO Mike Greenley.
  • NASA's Artemis program is scheduled to send humans back to the surface of the Moon in 2025; the rovers would be permanently stationed on the surface of the Moon, where they would be available for use by private and space agency astronauts.
  • Price Action: LMT is trading higher by 1.71% at $451.62, and GM is lower by 3.03% at $41.87 on the last check Tuesday.
Overview Rating:
Promising
87.5%
Technicals Analysis
100
0100
Financials Analysis
80
0100
Overview
Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!