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MDA (TSX: MDA, NYSE: MDA) inaugurated a 185,000-square-foot high-volume satellite manufacturing facility in Montréal on May 8, 2026, doubling its manufacturing floor space and enabling simultaneous assembly, integration and test of multiple MDA AURORA satellites.
The facility was completed in under two years, includes advanced automation, augmented reality, a proprietary test chamber, and sustainability features projected to generate 78,000 kWh annually. MDA says the site supports production capacity of up to 400 satellites per year and targets constellation-scale programs.
MDA Space (TSX: MDA, NYSE: MDA) announced results of its virtual Annual General Meeting on May 7, 2026. About 82,059,296 shares (59.18%) were represented. All seven director nominees were elected. KPMG LLP was appointed auditor. An advisory vote on executive compensation passed with 94.47% for.
MDA (TSX/NYSE: MDA) reported Q1 2026 results: revenues CA$464.1M (+32% YoY), adjusted EBITDA CA$90.6M (+32%) and adjusted net income CA$50.7M (+32%). Backlog was CA$3.7B at March 31, 2026. Net cash was CA$299.3M and total liquidity CA$1.2B. Company reaffirmed 2026 guidance: revenues CA$1.7–1.9B, adjusted EBITDA CA$320–370M, and capex CA$225–275M.
MDA (TSX: MDA, NYSE: MDA) announced it has secured 9 early customer contracts and received 32 letters of interest—41 early commitments total—for MDA CHORUS™ data ahead of a late 2026 launch.
MDA CHORUS is described as a collaborative multi-sensor radar constellation offering day/night, all-weather coverage, a 700 km swath and sub-metre spotlight capability for maritime, defence, energy, mining, forestry and other EO applications.
MDA (TSX: MDA) was selected by Airbus to design and build more than 880 Ka-band steerable antennas and 440 Ku-band user replacement antennas for the OneWeb LEO constellation extension announced April 20, 2026. Antennas will be built, assembled and tested in Montréal and integrated into Airbus Arrow satellites.
MDA previously supplied close to 2,000 antennas and cites delivery heritage across more than 350 satellite missions.
MDA (TSX: MDA, NYSE: MDA) will release first quarter 2026 financial results before market open on Thursday, May 7, 2026. Management will host a conference call and webcast at 8:30am ET, and an Annual General Meeting will follow at 11:00am ET the same day.
Webcast and replay details are provided for investors; the webcast replay will be archived for 12 months and the audio replay will be available until May 14, 2026.
MDA (TSX: MDA, NYSE: MDA) on April 13, 2026 unveiled MDA MIDNIGHT, a maneuverable space control platform announced at the 41st Space Symposium to help defence organizations detect, identify, counter and deter threats to low Earth orbit assets.
MIDNIGHT offers rendezvous and proximity operations, on-orbit inspection, electronic countermeasure detection, cooperative capture/release, de-orbiting of non-operational assets, asset relocation and refuelling, supported by a mission control team with extensive free-flyer capture experience. The program leverages MDA SKYMAKER and MDA AURORA technologies and seeks military and commercial partners.
MDA (TSX: MDA, NYSE: MDA) provided a market update on March 24, 2026 regarding changes to NASA's Artemis mission.
The company said its Canadarm3 contract with the Canadian Space Agency remains unchanged, the program is in design phase, and Canadarm3 can pivot to low Earth orbit, cislunar, or Lunar surface roles.
MDA Space (NYSE: MDA) announced on March 20, 2026 that underwriters exercised the over‑allotment option to buy an additional 1,344,071 common shares at US$30.50 each, raising approximately US$41 million. That increases total gross proceeds of the offering to about US$341 million.
The offering was led by J.P. Morgan and RBC Capital Markets with several joint active bookrunners. Proceeds are intended for growth activities, potential acquisitions or investments, and possible repayment of credit facility amounts.
MDA (TSX: MDA) was awarded a contract valued at approximately $32 million by Canada’s Defence Investment Agency to deliver three Ground-Based Optical observatories for the Department of National Defence’s Surveillance of Space 2 program.
By 2028 MDA will build, operate and provide long-term sustainment for sites in Alberta, Manitoba and New Brunswick to augment Sapphire-based space surveillance.