MDA Space

MDA Space (TSX: MDA) is a trusted mission partner to the rapidly expanding global space industry. With a 55-year heritage and over 450 completed missions, MDA Space is a leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The company was listed on the Toronto Stock Exchange in 2021. For the 2023 fiscal year, MDA Space reported annual revenue of CAD 808 million.

MDA Space's product and service offerings include:

• Communications satellites: Software-defined digital satellite systems for flexible communication networks

• Earth observation: The RADARSAT-2 satellite and upcoming CHORUS constellation for radar imaging and analytics

• Space robotics: The Canadarm series and the new SKYMAKER product line for space station and exploration missions

• Ground systems: Over 70 satellite receiving stations in 25+ countries

• Sensors and vision systems: LiDAR and other technologies for space navigation and operations

In 2024, MDA Space rebranded from MDA Ltd. to reflect its focus on the space sector. The company expects revenues of CAD 950 million to CAD 1.05 billion for fiscal year 2024, representing approximately 25% growth at the midpoint compared to 2023. MDA Space has a record backlog of CAD 3.1 billion as of the end of 2023, up 125% year-over-year. The company employs over 3,000 people globally and was recently added to Canada's S&P/TSX Composite Index in March 2024.