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MDA

MDA Space Ltd

MDA

Market cap $4.87B

30.07 USD

-0.34

1.12%

At close Updated Sep 18, 4:00 PM EDT

Pre-market

After hours

31.19

+1.12

3.72%

1 day

-1.12%

5 days

6.1%

1 month

-11.58%

3 months

-23.68%

6 months

-10.67%

Year to date

-2.37%

1 year

-2.37%

5 years

-2.37%

10 years

-2.37%

About: MDA Space Ltd is a developer and manufacturer of technology and services to the space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, space exploration, and infrastructure. The Company collaborates and partners with governments and space agencies, commercial space companies, and defence and aerospace prime contractors in the space industry. Geographically, it generates the majority of its revenue from Canada.

Employees: 4,000

Industrials Aerospace & Defense

News

Positive

Neutral

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Sentiment 3-Months

Positive 25%

Neutral 75%

Negative 0%

MDA SPACE ANNOUNCES END-TO-END MDA CHORUS™ PRODUCT PORTFOLIO IN ADVANCE OF CONSTELLATION LAUNCH

MDA CHORUS ™ COMMAND, MDA CHORUS ™ COMMAND PRO and MDA CHORUS ™ INTELLIGENCE provide customers end-to-end control of their Earth observation workflow TORONTO and PARIS, Sept. 16, 2026 /PRNewswire/ -- MDA Space Ltd.

MDA SPACE ANNOUNCES END-TO-END MDA CHORUS™ PRODUCT PORTFOLIO IN ADVANCE OF CONSTELLATION LAUNCH

MDA SPACE UNVEILS MDA AURORA™ BLACK, A DEFENCE-FOCUSED SOFTWARE-DEFINED SATELLITE

New product provides enhanced MILSATCOM capabilities to maintain the integrity of contested space-based operations TORONTO, Sept. 10, 2026 /PRNewswire/ -- MDA Space Ltd.

MDA SPACE UNVEILS MDA AURORA™ BLACK, A DEFENCE-FOCUSED SOFTWARE-DEFINED SATELLITE

MDA Space: Rocketing Bookings Don't Lie (Rating Upgrade)

MDA Space is evolving into a full-stack space infrastructure company, leveraging internal innovation and strategic acquisitions. Q2 showed robust 34% YoY revenue growth and a surge in bookings, despite mild margin contraction and a YoY backlog decline. Guidance for 2026 revenue was raised, but still signals near-term sluggishness; the long-term demand outlook is improving with significant contract wins.

MDA Space: Rocketing Bookings Don't Lie (Rating Upgrade)

MDA Space: Strong Buy As The Space Growth Strategy Expands

MDA Space is upgraded from buy to strong buy, driven by robust organic and inorganic growth. Q2 revenue surged 34% with a 1.6x book-to-bill ratio, and backlog rebounded to C$4.4 billion pro forma. Pending acquisitions of Blue Canyon Technologies and CLS expand US defense access and geointelligence but introduce debt, dilution, and integration risk.

MDA Space: Strong Buy As The Space Growth Strategy Expands

MDA SPACE SATELLITES FOR GLOBALSTAR SUCCESSFULLY LAUNCHED

First set of eight satellites for Globalstar 2-R mission deployed to low Earth orbit on a SpaceX Falcon 9 rocket, marking the beginning of the commissioning phase TORONTO, Aug. 16, 2026 /PRNewswire/ -- MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, confirms the successful deployment of the initial eight replenishment satellites for Globalstar Inc.'s (NASDAQ:GSAT) existing low Earth orbit (LEO) constellation.

MDA SPACE SATELLITES FOR GLOBALSTAR SUCCESSFULLY LAUNCHED

MDA Space Opens MDA CHORUS™ Control Centre in Québec

New control centre marks a major milestone in operational readiness as momentum builds for constellation's launch in late 2026 MONTRÉAL, Aug. 11, 2026 /PRNewswire/ -- MDA Space Ltd. (TSX:MDA) (NYSE:MDA), a trusted mission partner to the global defence and space industry, today officially opened the MDA CHORUS™ Control Centre in St-Bruno-de-Montarville, Québec, on the south shore of Montréal.

MDA Space Opens MDA CHORUS™ Control Centre in Québec

MDA Space Q2 Earnings Call Highlights

MDA Space TSE: MDA reported second-quarter revenue growth of 34% and raised the midpoint of its 2026 revenue and adjusted EBITDA outlook, citing broad-based demand across its satellite systems, robotics and space operations, and geointelligence businesses.

MDA Space Q2 Earnings Call Highlights

MDA Space Ltd. (MDA:CA) Q2 2026 Earnings Call Transcript

MDA Space Ltd. (MDA:CA) Q2 2026 Earnings Call Transcript

MDA Space Ltd. (MDA:CA) Q2 2026 Earnings Call Transcript

MDA SPACE APPOINTS JOHN FARRELL & STEPHEN SPENGLER TO ITS BOARD OF DIRECTORS

Appointments bring additional manufacturing, telecommunications and satellite expertise to support company's next phase of growth. TORONTO, Aug. 7, 2026 /PRNewswire/ -- MDA Space Ltd.

MDA SPACE APPOINTS JOHN FARRELL & STEPHEN SPENGLER TO ITS BOARD OF DIRECTORS

MDA SPACE REPORTS SECOND QUARTER 2026 RESULTS

Backlog of $4.0 billion at quarter-end increased $310 million compared to Q1 2026 Revenues of $499 million, up 34% YoY Adjusted EBITDA1 of $96 million, up 26% YoY; Adjusted EBITDA margin1 of 19.3% Adjusted net income1 of $52 million, up 13% YoY Operating cash flow of $(93)million; Free cash flow 1 of $(150) million Net cash1 position of $153 million at quarter-end; Total liquidity of $1.1 billion Increased midpoint of 2026 Revenue and Adjusted EBITDA guidance TORONTO, Aug. 7, 2026 /PRNewswire/ -- MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a trusted mission partner to the rapidly expanding global space industry, today announced its financial results for the second quarter ended June 30, 2026.

MDA SPACE REPORTS SECOND QUARTER 2026 RESULTS

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