MDA Space, headquartered in Brampton, Ontario, Canada, is a global space technology company and a trusted mission partner to the global space industry. As a robotics, satellite systems, and geointelligence pioneer, MDA Space specializes in communication satellites, Earth and space observation, and space exploration and infrastructure. They are known for developing the Canadarm series and contribute to missions with partners like NASA and the Canadian Space Agency (CSA). MDA Space's activities span space robotics, satellite systems, and geointelligence.
All verified mentions of this organization in source documents.
MDA Space’s U.S. listing joins its previous listing on the Toronto Stock Exchange.
MDA Space is completing a high-volume manufacturing facility in Quebec designed to double its satellite production capacity.
MDA Space’s U.S. offering was led by J.P. Morgan and RBC Capital Markets as joint lead active bookrunners.
The Form F-10 registration statement for MDA Space's common shares has not yet become effective.
MDA Space is offering $300 million (US) of common shares in the offering.
MDA Space intends to use the net proceeds from the offering to pursue growth strategies, expand its customer base and solutions, support existing customers, pursue acquisitions or investments, and repay part of its existing credit facilities.
MDA Space is trading on the New York Stock Exchange under the ticker MDA after its initial public offering.
MDA Space launched a marketed public offering of common shares in the United States and Canada.
MDA Space granted underwriters a 30-day over-allotment option to purchase up to an additional 1,475,409 common shares, which could bring total capital raised to about $345 million if fully exercised.
MDA Space plans to use the net proceeds from its U.S. offering to accelerate organic growth and fund potential strategic acquisitions in the U.S. and European markets.
MDA Space's common shares are expected to continue trading on the Toronto Stock Exchange under the symbol MDA after pricing of the offering.
MDA Space's offering in the United States will be made only by means of the registration statement, including the base shelf prospectus and the preliminary prospectus supplement.
MDA Space plans to use part of the offering proceeds to repay approximately $100 million outstanding on its revolving credit facility.
MDA Space raised US$300 million, or CAD$410 million, in its initial public offering.
MDA Space's common shares may not be sold in the United States, and offers to buy may not be accepted, until the registration statement becomes effective.
MDA Space filed a Form F-10 registration statement with the SEC under the U.S.-Canada multijurisdictional disclosure system for the common shares.
J.P. Morgan and RBC Capital Markets are the joint lead active bookrunners for MDA Space's offering.
NASA’s Gateway program includes Canadarm3, which is funded by the Canadian Space Agency and being built by MDA Space.
Telesat switched its prime Lightspeed satellite manufacturer to MDA Space.
MDA Space is completing a high-volume manufacturing facility in Quebec to double production capacity for Telesat Lightspeed.