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’s 2026 capital expenditures will support production expansion at its Montreal facility and ongoing chip development.
MDA Space highlighted a $40 billion opportunity pipeline spanning commercial and government sector opportunities.
MDA Space expects full-year 2026 revenue of between $1.7 billion and $1.9 billion.
MDA Space expects adjusted EBITDA of between $320 million and $370 million for full-year 2026.
MDA Space’s Satellite Systems business generated $313.1 million in Q1 2026 revenue, up 41.0% year over year.
MDA Space’s adjusted net income rose 32.0% year over year to $50.7 million in Q1 2026.
MDA Space received the first shipments of space-grade chips for integration into MDA Aurora.
MDA Space ended Q1 2026 with a backlog of $3.7 billion.
MDA Space’s Satellite Systems revenue growth in Q1 2026 was driven by increased work on the Telesat Lightspeed and Globalstar next-generation Low Earth Orbit constellation programs.
MDA Space reported net income of $29.6 million in Q1 2026, down 10.0% year over year.
Maritime Launch Services’ vice president of spaceport operations, Melissa Quinn, is on secondment from MDA Space as part of MDA Space’s MLS investment.
MDA Space's high-volume satellite production plant is intended to serve Telesat and Globalstar and to appeal to military demand.
MDA Space delivered its first set of Globalstar satellites to Florida for the upcoming launch.
MDA Space completed an initial public offering and listed on the New York Stock Exchange.
MDA Space expects to deploy between $225 million and $275 million in capital expenditures in 2026.
MDA Space is preparing to launch CHORUS in late 2026 aboard a SpaceX Falcon 9.
MDA Space's CHORUS commitments include nine finalized early customer contracts and 32 letters of interest.
CHORUS combines an MDA-built satellite carrying a broad-area C-band radar with a trailing high-resolution X-band satellite supplied through a partnership with ICEYE.
MDA Space has 41 early customer commitments for its CHORUS Earth observation constellation.
CHORUS builds on MDA Space's heritage with the Canadian RADARSAT program.