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MDA Space received a $747,000 concept study contract to support planning for a future synthetic aperture radar system.
The MDA Space study focuses on a modern, resilient radar satellite architecture aimed at meeting the growing demand for space-based Earth observation data from Canadian government users, industry, and communities.
MDA Space will file a copy of the amended and restated credit agreement with the relevant securities commission, which will be accessible on the company’s profile on the SEDAR+ system.
MDA Space subsidiary Neptune Operations Ltd. entered into a second Amended and Restated Credit Agreement on November 25, 2025, with The Bank of Nova Scotia and a syndicate of lenders.
Telesat and MDA Space will collaborate on the ESCP-P project.
Canada has awarded an initial $2.9 million contract to Telesat in conjunction with MDA Space to conduct engineering and options analysis work.
MDA Space announced that Canada's Industrial and Technological Benefits (ITB) Policy will apply to ESCP-P, ensuring high-value job creation in Canada.
Telesat and MDA Space are working with Canada’s government to deliver a multi-frequency Arctic military satellite communications capability under a strategic partnership agreement.
The government awarded an initial contract to Telesat and MDA for the Enhanced Satellite Communications Project - Polar (ESCP-P).
Telesat and MDA Space are based in Canada.
The Government of Canada intends to contract MDA Space to build, test, and launch an additional satellite for the RADARSAT Constellation Mission.
The concept study by MDA Space aims to respond to the growing demands for space-based Earth Observation data across Canada.
MDA Space is one of three companies selected for the concept study contract.
MDA Space has won a new contract with the Canadian Space Agency worth C$44.7 million.
MDA Space's stock price increased by approximately 11% following the contract announcement.
The new contract with MDA is part of Canada's long-term program to secure satellite data from within its own borders.
MDA Space has been awarded a contract for $747,000 to deliver a concept study for a modern, resilient radar satellite system.
MDA Space won a $44.7 million CAD contract from the Canadian government to supply parts for a new RADARSAT EO satellite.
MDA Space, Kepler Communications, and C-CORE were awarded $747,000 to design concept studies for Canada’s fourth-generation Earth observation satellite system.
MDA Space expects the full contract for the RCM replenishment satellite to be awarded in 2026.