The Canadian space technology company will add approximately C$750 million to its backlog in the first quarter of fiscal 2025. This is in addition to the C$350 million that was already added when ...

We also announced post quarter end that MDA Space has been selected by Globalstar to be the prime contractor for the satellite operators' next generation LEO constellation, where MDA Space will ...

MDA Space today announced financial results for the fourth quarter and year ended December 31, 2024.

Morgan Stanley raised the firm’s price target on Globalstar (GSAT) to $25 from $14.85 and keeps an Equal Weight rating on the shares.

MDA Space (TSX:MDA) is a Toronto-based international ... contract to build a network of low-Earth-orbit satellites with Globalstar. The space economy is only growing right now.

The new network will be in addition to what Globalstar currently operates, and is separate from the satellites that are scheduled to start launching this year. MDA Space is the prime contractor ...

Following the company’s fourth quarter results, Scotia analyst Konark Gupta has raised his price target on MDA.

Highlights Backlog of $4.4 billion at quarter-end, up 42% YoY Revenues of $347 million, up 69% YoY Adjusted EBITDA1 of $71 million, up 68% YoY; adjusted ...

MDA Space will manufacture more than 50 MDA AURORA TM software-defined digital satellites for Globalstar. "We are pleased to once again be working with Globalstar as they develop their next ...

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"Post quarter-end, MDA Space was awarded a $1.1 billion contract from Globalstar to manufacture its next generation LEO constellation which will include 50+ MDA AURORATM digital satellites.