NYSE : MDA

MDA Space Ltd — News

$33.41 USD

-$1.18 (-3.41%)

Volume
1.06M
Average Volume
1.3M
Market Capitalization
$4.64B
P/E Ratio
56.20
Dividend Yield
0.00%
Price Target
$45.00
Year High
$49.37
Year Low
$23.23
Day High
Day Low
Payout Ratio
$0.00
Current Ratio
$0.80
Source Headline
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.

marketbeat.com - 2026-08-09 21:04:26

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

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

seekingalpha.com - 2026-08-07 13:54:27

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

MDA SPACE APPOINTS JOHN FARRELL and STEPHEN SPENGLER TO ITS BOARD OF DIRECTORS PR Newswire TORONTO, Aug. 7, 2026

gurufocus.com - 2026-08-07 07:00:00

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.

prnewswire.com - 2026-08-07 06:00:00

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.

prnewswire.com - 2026-08-07 05:45:00

MDA SPACE RESPONDS TO CANADIAN SPACE AGENCY ANNOUNCEMENT ON CANADARM3

TORONTO, Aug. 6, 2026 /PRNewswire/ -- MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a trusted mission partner to the rapidly expanding global space industry, issued the following statement in response to the Canadian Space Agency's (CSA) announcement on its intention to repurpose Canadarm3 investments to support the next phase of lunar exploration.

prnewswire.com - 2026-08-06 17:09:00

MDA SPACE AWARDED $474 MILLION TO EXPAND THE TELESAT LIGHTSPEED LEO CONSTELLATION

Follow-on order of MDA AURORA ™  satellites will enable Telesat to meet the needs of both commercial and defence customers TORONTO, Aug. 4, 2026 /PRNewswire/ -- MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a trusted mission partner to the rapidly expanding global space industry, will be supplying Telesat LEO ULC, a division of Telesat Corporation (Nasdaq: TSAT) (TSX: TSAT) with additional MDA AURORA™ next-generation broadband satellites, coinciding with the operator's announcement today that it is expanding the Telesat Lightspeed low Earth orbit constellation.

prnewswire.com - 2026-08-04 07:30:00

MDA Space UK Selected by OHB to Provide Advanced Lunar Landing Sensors for European Space Agency's Argonaut Mission

Technology developed in the UK will enable safe, autonomous lunar landings for Europe's flagship moon mission LONDON, July 21, 2026 /PRNewswire/ -- MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a trusted mission partner to the rapidly expanding global space industry, today announced it has received a Pre-Authorisation to Proceed (PATP) contract from OHB System AG (OHB), a leading European space systems provider, to deliver critical lunar landing sensors for the European Space Agency's (ESA) Argonaut spacecraft.

prnewswire.com - 2026-07-21 11:00:00

MDA SPACE TO HOLD ITS SECOND QUARTER 2026 EARNINGS CONFERENCE CALL ON AUGUST 7, 2026

TORONTO, July 16, 2026 /PRNewswire/ -- MDA Space Ltd. (TSX:MDA) (NYSE:MDA), a trusted mission partner to the rapidly expanding global space industry, will release its second quarter 2026 financial results before market open on Friday, August 7, 2026 and the management team will host a conference call and webcast to discuss these results at 8:30am ET.

prnewswire.com - 2026-07-16 08:15:00

MDA SPACE ANNOUNCES CLOSING OF ITS UPSIZED BOUGHT DEAL OFFERING OF COMMON SHARES

TORONTO, July 14, 2026 /PRNewswire/ -- MDA Space Ltd. ("MDA Space" or the "Company") (TSX: MDA) (NYSE: MDA), a trusted mission partner to the rapidly expanding global space industry, today announced the closing of its previously announced upsized bought deal offering (the "Offering") of common shares of MDA Space (the "Common Shares") in Canada and the United States.

prnewswire.com - 2026-07-14 08:16:00

MDA Space Bets €567M on CLS to Build AI Geo-Intelligence Platform

MDA Space TSE: MDA said it has entered into a firm offer to acquire a 70% stake in Collecte Localisation Satellites, known as CLS, in a cash transaction that the company said would expand its Earth observation business into AI-driven data analytics and geo-intelligence services.

marketbeat.com - 2026-07-13 02:02:02

MDA Space: Buy A Mini SpaceX And Rocket Lab In The Making

MDA Space is upgraded to buy after a 30% share price decline and strategic acquisitions. The CLS acquisition, at a favorable 3.5x EV/Sales, boosts geointelligence revenues and vertical integration. Pro forma 2026 revenues rise to CAD 2.5B, with sales CAGR of 22.3% and margin profile largely unchanged.

seekingalpha.com - 2026-07-10 12:33:06

MDA Raises $819 Million to Fund €567 Million CLS Acquisition

MDA Space (MDA), a Canadian space company, plans to acquire a 70% stake in Collecte Localisation Satellites SAS, a French provider of space-based technologies a

gurufocus.com - 2026-07-10 06:21:00

MDA Space Increases Previously Announced Bought Deal Offering of Common Shares

The short form base shelf prospectus is accessible, and the final prospectus supplement will be accessible within two business days, through SEDAR+ The short form base shelf prospectus is accessible, and the final prospectus supplement will be accessible within two business days, through SEDAR+

globenewswire.com - 2026-07-09 09:19:00

MDA Space Announces Bought Deal Offering of Common Shares

The short form base shelf prospectus is accessible, and the final prospectus supplement will be accessible within two business days, through SEDAR+ The short form base shelf prospectus is accessible, and the final prospectus supplement will be accessible within two business days, through SEDAR+

globenewswire.com - 2026-07-08 16:18:00

MDA Space Enters into Firm Offer to Acquire Collecte Localisation Satellites (“CLS”), a Global Leader in AI-Driven Earth Observation Data Analytics

TORONTO, July 08, 2026 (GLOBE NEWSWIRE) -- MDA Space Ltd. (TSX:MDA) (NYSE:MDA) (“MDA Space” or the “Company”), a trusted mission partner to the rapidly expanding global space industry, today announced that it has entered into a firm and irrevocable offer to acquire a majority interest in CLS (the “Transaction”), a global leading provider of AI-driven Earth observation value-added services and satellite IoT solutions. With more than 14,000 customers in approximately 150 countries, CLS is expected to generate approximately €286 million (C$465 million) in revenue in 2026.

globenewswire.com - 2026-07-08 16:17:00

MDA Space Targets US Defense Market With $620M Acquisition

Space infrastructure has rapidly transitioned from a playground for speculative venture capital to a strictly physical, cash-flow-driven defense business. For investors tracking this sector, the challenge is finding businesses that balance high-growth addressable markets with actual, sustainable profitability.

marketbeat.com - 2026-06-25 14:20:40

MDA SPACE SELECTED BY MITSUBISHI ELECTRIC FOR NEXT-GENERATION DEFENCE COMMUNICATIONS SATELLITE PROGRAM

Multiple contracts for next-generation digital payload and other subsystems in the UK and in Montréal for the GEO satellite series supporting operations of the Japanese government. TORONTO, June 25, 2026 /PRNewswire/ - MDA Space Ltd.

prnewswire.com - 2026-06-25 01:30:00

CANADIAN SPACE AGENCY AND MDA SPACE CONCLUDE CONTRACT FOR REPLENISHMENT SATELLITE VALUED AT $688M

MDA Space will design, build, test, launch and commission the next-generation sovereign satellite to be added to the existing Earth observation constellation. TORONTO, June 24, 2026 /PRNewswire/ - MDA Space Ltd.

prnewswire.com - 2026-06-24 06:45:00

MDA Space Buys Blue Canyon for $620 Million, Shares Rise 4%

MDA Space (MDA) will acquire Blue Canyon Technologies in an all-cash $620 million deal, giving the Canadian space company a possible opening into classified US

gurufocus.com - 2026-06-22 08:32:00

MDA Space Ltd. (MDA:CA) M&A Call Transcript

MDA Space Ltd. (MDA:CA) M&A Call Transcript

seekingalpha.com - 2026-06-19 12:12:09

MDA Space to acquire Blue Canyon Technologies for $620M

MDA Space (TSX:MDA) announced that it has agreed to acquire US-based Blue Canyon Technologies in an all-cash transaction valued at US$620 million, or about C$874 million. Blue Canyon Technologies, currently part of RTX's Raytheon business, manufactures spacecraft and satellite components and provides mission services.

proactiveinvestors.com - 2026-06-19 08:38:24

Canada's MDA Space to buy Blue Canyon in $620 million deal

Canadian space technology firm MDA Space said on Friday it would buy U.S.-based ​Blue Canyon Technologies from RTX's Raytheon ‌business for $620 million in cash, expanding its footprint in the U.S. defense space market.

reuters.com - 2026-06-19 07:36:42

/C O R R E C T I O N -- MDA Space/

In the news release, MDA Space announces definitive agreement to acquire US-based Blue Canyon Technologies LLC, issued 19-Jun-2026 by MDA Space over PR Newswire, we are advised by the company that a change has been made. The complete, corrected release follows: MDA Space announces definitive agreement to acquire US-based Blue Canyon Technologies LLC Expands Total Addressable Market for MDA Space Positions company to further pursue substantial US defence market opportunities Adds a profitable, cash-generating business with 18-year history Transaction expected to be accretive to Adjusted EBITDA 1  and Adjusted EPS 1 in 2027 Adds high-quality spacecraft and satellite component supplier business and US$3.5B (approx.

prnewswire.com - 2026-06-19 07:05:00

MDA Space announces definitive agreement to acquire US-based Blue Canyon Technologies LLC

Expands Total Addressable Market for MDA Space Positions company to further pursue substantial US defence market opportunities Adds a profitable, cash-generating business with 18-year history Transaction expected to be accretive to Adjusted EBITDA 1  and Adjusted EPS 1 in 2027 Adds high-quality spacecraft and satellite component supplier business and US$3.5B (approx. C$4.9B) to pipeline Complementary technology and customer set Adds key talent & manufacturing facilities in Denver, Colorado space & aerospace hub TORONTO, June 19, 2026 /PRNewswire/ - MDA Space Ltd.

prnewswire.com - 2026-06-19 06:30:00

49North Awarded $3.7M Contract from General Atomics to Deliver Coalition Shared Database for Canada's Guardian Remotely Piloted Aircraft System Program

NATO-standard solution will enable real-time intelligence sharing with allied nations OTTAWA, ON, June 15, 2026 /PRNewswire/ - 49North, a wholly owned subsidiary of MDA Space Ltd. (TSX: MDA) (NYSE: MDA), today announced it has been awarded a $3.7 million CAD contract by General Atomics Aeronautical Systems, Inc. (GA-ASI) to design, build, integrate, and test a Coalition Shared Database (CSD) for Canada's Remotely Piloted Aircraft System (RPAS) program.

prnewswire.com - 2026-06-15 08:15:00

49NORTH RELEASES GLOBAL PROCEDURE DESIGNER, A PROVEN INSTRUMENT FLIGHT PROCEDURE DESIGN SOLUTION REFRESHED FOR COMPLIANCE WITH LATEST REGULATIONS

49NORTH RELEASES GLOBAL PROCEDURE DESIGNER, A PROVEN INSTRUMENT FLIGHT PROCEDURE DESIGN SOLUTION REFRESHED FOR COMPLIANCE WITH LATEST REGULATIO

gurufocus.com - 2026-06-12 09:00:00

49NORTH ANNOUNCES U.S. AIR FORCE CONTRACT RENEWAL

U.S. Department of War renews long-term commitment to Global Procedure Designer to support global military operations OTTAWA, ON, June 12, 2026 /PRNewswire/ - 49North, a wholly owned subsidiary of MDA Space Ltd. (TSX: MDA) (NYSE: MDA), today confirmed that the United States Air Force (USAF) has renewed its long-term contract for Global Procedure Designer (GPD) through a new Indefinite Delivery/Indefinite Quantity (IDIQ) agreement, reinforcing continued reliance on the platform to support global military operations.

prnewswire.com - 2026-06-12 08:30:00

49NORTH RELEASES GLOBAL PROCEDURE DESIGNER, A PROVEN INSTRUMENT FLIGHT PROCEDURE DESIGN SOLUTION REFRESHED FOR COMPLIANCE WITH LATEST REGULATIONS

Full suite of functionality delivers advanced instrument flight procedure design capabilities OTTAWA, ON, June 12, 2026 /PRNewswire/ - 49North, a wholly owned subsidiary of MDA Space Ltd. (TSX: MDA) (NYSE: MDA), today announced a significant refresh of its Global Procedure Designer (GPD), an established and operationally proven expert software tool for the design and sustainment of instrument flight procedures (IFP), updated to align with the latest regulatory criteria and data standards.

prnewswire.com - 2026-06-12 08:15:00

SpaceX Has Turned Space Investing Into One of the Hottest Trades of 2026. But Which ETF Is Actually Worth Buying?

Compare fund strategies, asset allocations, and sector exposures shaping these two distinct approaches to aerospace and space investing.

fool.com - 2026-06-05 12:33:16

Planet Secures 8-Figure NGA Contract Extension for Maritime Surveillance and New Award for Crisis Response Monitoring

[url="]Planet Labs PBC[/url] (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced two significant contract mileston

gurufocus.com - 2026-06-04 10:00:00

MDA SPACE SELECTED BY BAE SYSTEMS FOR U.S. SPACE SYSTEMS COMMAND MEO EPOCH 2 CONSTELLATION

As a proud industry partner, MDA Space is leveraging its commercial innovation to deliver critical payload technologies that will enhance the resilience and capabilities of the U.S. Space Force's missile warning and tracking national security mission. The contract will see MDA Space design and build antennas and control electronics for medium Earth orbit (MEO) national security satellites.

prnewswire.com - 2026-06-02 09:04:00

Lockheed Martin Opens Next Generation Interceptor Facility in Courtland, Alabama

Lockheed Martin Opens Next Generation Interceptor Facility in Courtland, Alabama PR Newswire COURTLAND, Ala., Ju

gurufocus.com - 2026-06-01 15:00:00

Space Stocks Soar After SpaceX Files for Record-Breaking IPO

Rocket and satellite stocks rallied in premarket trading Tuesday after SpaceX publicly filed for an initial public offering that could become the largest ever.T

gurufocus.com - 2026-05-26 12:37:00

SpaceX's Trillion-Dollar IPO Is Turning the Space Sector Into the Trade of 2026 -- Here Are Five Names Already Moving on It

SpaceX's Trillion-Dollar IPO Is Turning the Space Sector Into the Trade of 2026 -- Here Are Five Names Already Moving on It PR

gurufocus.com - 2026-05-21 13:00:00

SpaceX's Trillion-Dollar IPO Is Turning the Space Sector Into the Trade of 2026 -- Here Are Five Names Already Moving on It

/PRNewswire/ -- Equity Insider News Commentary - The looming SpaceX IPO has done something that almost no other capital markets event in a decade has managed:

prnewswire.com - 2026-05-21 12:07:00

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MDA Price Target Summary

Last Month

$45.00

2 analysts

Last Quarter

$47.00

3 analysts

Last Year

$47.00

3 analysts

All Time

$47.00

3 analysts

MDA Recent Analyst Grades

Date Analyst Firm Action Previous Grade New Grade
2026-05-14 JP Morgan Maintain Overweight Overweight
2026-05-11 RBC Capital Maintain Outperform Outperform