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.
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MDA Space is purchasing RTX’s Blue Canyon Technologies.
MDA Space expects the Blue Canyon transaction to be accretive to adjusted EBITDA and adjusted EPS in 2027.
MDA Space’s 2026E adjusted EBITDA is projected at $320 million to $370 million CAD.
Blue Canyon Technologies’ financial results are expected to be consolidated within MDA Space’s Satellite Systems segment.
MDA Space’s 2026E adjusted EBITDA margin is projected at 18% to 20%.
MDA Space’s 2026E revenue is projected at $1.7 billion to $1.9 billion CAD.
MDA Space’s 2026E free cash flow is projected to be neutral to negative.
Canada’s MDA Space was one of the sponsors of the 2026 University Rover Challenge and was working on an early-stage contract for a lunar utility rover with Canadensys Aerospace Corporation and Mission Control.
MDA Space is building a facility capable of producing 400 satellites a year.
MDA Space’s satellites currently have to be launched outside of Canada.
The Canadian Space Agency awarded $2.4 million across Calian, Kepler Communications, and MDA Space to design the ground segment for the RADARSAT+ Earth observation fleet.
MDA Space’s CHORUS constellation is scheduled to launch in late 2026.
ICEYE is manufacturing a high-resolution radar satellite for MDA Space and its CHORUS constellation.
The ICEYE and MDA Space partnership will provide maritime and disaster response data to users around the world.
ICEYE is manufacturing a high-resolution radar satellite for MDA Space and the CHORUS constellation.
BAE Systems selected MDA Space to provide hardware for the U.S. Space Force's Medium Earth Orbit Epoch 2 constellation.
MDA Space contributed to the Space Systems Command’s EPOCH 1 constellation.
MDA Space expects to complete its work on MEO EPOCH 2 by 2027.
MDA Space participated in the transport and tracking layers of Tranches 0, 1, and 2 of the Space Development Agency’s Proliferated Warfighter Space Architecture.
MDA Space will design and build antennas and antenna control electronics for the Epoch 2 satellites.