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MDALF (MDA Ltd.) is no longer actively trading.
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MDALF does not currently pay a dividend.
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MDA Ltd. operates as a worldwide specialist in the development, manufacturing, and servicing of cutting-edge space technologies. Its core competencies include space robotics, satellite infrastructure and components, and advanced intelligence systems, serving clients across Canada, the United States, Europe, Asia, the Middle East, and beyond. The company offers sophisticated geointelligence solutions, providing crucial, data-driven insights through satellite imagery and comprehensive analytical services. These capabilities are vital for applications in national security, climate change…
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 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.
LONG BEACH, Calif., Aug. 16, 2026 (GLOBE NEWSWIRE) -- Rocket Lab Corporation (Nasdaq: RKLB), a global leader in launch services and space systems, today announced the successful launch of eight advanced satellite platforms the Company built for MDA Space (TSX: MDA; NYSE: MDA), prime contractor for the replenishment of Globalstar's (Nasdaq: GSAT) existing constellation, which provides direct-to-device communications services and IoT applications from orbit.
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.
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.