MDA Ltd.·Industrials
MDA Ltd. designs, manufactures, and services space robotics, satellite systems and components, and intelligence systems in Canada, the United States, Europe, Asia, the Middle East, and internationally. It offers geointelligence solutions that provide satellite-generated imagery and analytic services to deliver critical and value-added insights in the areas of national security, climate change monitoring, and maritime surveillance. The company also provides robotics and space operations that enable humanity's exploration by providing autonomous robotics and vision sensors that operate in space and on the surfaces of the moon and mars. In addition, it offers satellite systems and spacecraft to enable space-based services, including space-based broadband internet connectivity from low earth orbit satellite constellations. Further, the company provides products and services of defense intelligence systems. It serves government agencies, prime contractors, and space companies. The company was formerly known as Neptune Acquisition Holdings Inc. and changed its name to MDA Ltd. in March 2021. MDA Ltd. was founded in 1969 and is headquartered in Brampton, Canada.
Industrials
Aerospace & Defense
3,400
2021-06-16
-0.03

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185,000-square-foot expansion doubles MDA Space manufacturing floor space, enabling rapid delivery of flagship MDA AURORA TM satellite product line Advanced automation, augmented reality, and proprietary test technology enable the delivery of large satellite constellations at speed and scale Satellite production is now underway at the state-of-the-art facility, completed in less than two years MONTRÉAL, May 8, 2026 /PRNewswire/ - MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, inaugurated its new high-volume satellite manufacturing facility today in Montréal, marking a defining milestone in the company's growth as a satellite prime contractor.

TORONTO , May 7, 2026 /PRNewswire/ - MDA Space Ltd. ("MDA Space") (TSX:MDA) (NYSE:MDA) announced today the results of its Annual General Meeting of Shareholders (the "Meeting") which took place virtually on May 7, 2026.

Backlog of $3.7 billion at quarter-end, providing revenue visibility into 2026 and beyond Revenues of $464 million, up 32% YoY Adjusted EBITDA 1 of $91 million, up 32% YoY; Adjusted EBITDA margin 1 of 19.5% Adjusted net income 1 of $51 million, up 32% YoY Operating cash flow of $61 million; Free cash flow 1 of $(28) million Net cash 1 position of $299 million at quarter-end; Total liquidity of $1.2 billion Reaffirmed 2026 full-year financial outlook TORONTO, May 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 first quarter ended March 31, 2026.