MDA Space announces AURORA BLACK and CLS acquisition expansion
Mike Greenley highlighted product launches and a strategic move to integrate CLS's global earth observation capabilities, aiming for richer planetary intelligence offerings by year-end.
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In short: MDA Space reported record revenue and a $4B backlog in 2026, driven by major satellite contracts and strategic global acquisitions.
Mike Greenley highlighted product launches and a strategic move to integrate CLS's global earth observation capabilities, aiming for richer planetary intelligence offerings by year-end.
The satellites enter commissioning after deployment aboard SpaceX’s Falcon 9, while nine additional spacecraft remain in final integration.
Revenue reached $498.6M, up 33.6% year-over-year, with adjusted EBITDA of $96.3M and backlog of $4.0B.
The Canadian Space Agency will repurpose Canadarm3 investments for lunar exploration; MDA Space is fully committed to collaborating on getting Canada to the Moon.
MDA Space direct-to-device satellite strategy now runs on two simultaneous tracks: on September 1, 2026, the Canadian manufacturer announced it is selling AURORA D2D platforms...
On August 11, Sheila Kahyaoglu from Jefferies reduced her target price on MDA Space Ltd. (NYSE:MDA)...
MDA Space (MDA.TO) has deployed the initial eight replenishment satellites for Globalstar's low Earth orbit constellation, the company said Sunday. The satellites will now undergo...
Rocket Lab Lightning Bus Rocket Lab Satellite Platforms Built for MDA Space Successfully Reach Orbit, Supporting Globalstar Direct-to-Device Communications Services LONG BEACH, Calif., Aug. 16...
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