Welcome to our dedicated page for MDA Space news (Ticker: MDA), a resource for investors and traders seeking the latest updates and insights on MDA Space stock.
MDA Space Ltd. (MDA) news centers on space technology programs, satellite awards, launches, defence communications, Earth observation, space robotics, and lunar exploration. The company trades on the TSX and NYSE and is described in source records as a mission partner to the global defence and space industry.
Important MDA news often involves satellite constellation work. Disclosed items include MDA AURORA broadband satellites for Telesat Lightspeed, replenishment satellites for Globalstar’s low Earth orbit constellation, and the MDA AURORA BLACK defence-focused software-defined satellite product. These updates matter because satellite programs can involve long production cycles, government and commercial customers, and technical milestones such as launch, deployment, integration, testing, and commissioning.
Earth observation is another recurring news area. MDA CHORUS is described as a next-generation Earth observation constellation designed and built by MDA Space, with dual-band synthetic aperture radar imaging and a Québec control centre supporting satellite operations, mission assurance, and data delivery.
MDA news may also include space exploration and robotics developments. Company announcements discuss Canadarm3-related technologies, Canadian space robotics heritage, and MDA Space UK’s lunar landing sensors for the European Space Agency’s Argonaut spacecraft. Financial results, share offerings, governance updates, and material contracts also appear in company disclosures, giving investors a fuller view of MDA’s operating and regulatory profile.
MDA Space (MDA) unveiled its end-to-end MDA CHORUS™ Earth observation product portfolio ahead of the planned MDA CHORUS™ constellation launch in late 2026. The portfolio combines constellation assets, ground infrastructure, archive access and analytics into a unified commercial architecture built around customer workflows.
The offering includes MDA CHORUS™ COMMAND for archive search, tasking and acquisition scheduling; MDA CHORUS™ COMMAND PRO for direct downlink and near-real-time local processing via regional ground stations; and MDA CHORUS™ INTELLIGENCE, a suite of SAR-based geointelligence and analytics products. The three-satellite MDA CHORUS™ constellation, integrating new X-band and C-band spacecraft with RADARSAT-2, will power the system.
MDA Space (MDA) has introduced MDA AURORA™ BLACK, a defence-focused extension of its MDA AURORA™ software-defined satellite line, designed to deliver secure, resilient and agile MILSATCOM for government and military users.
The new product adds enhanced protection and resilience features, including secure end-to-end connections, onboard anti-jamming, resistance to GPS spoofing, and perimeter and proximity sensing to support mission assurance in contested environments. MDA AURORA™ BLACK is available across the existing MDA AURORA™ direct-to-device and broadband product lines, targeting growing international demand for sovereign, space-based defence communications infrastructure.
MDA Space (TSX:MDA, NYSE:MDA) and Globalstar (NASDAQ:GSAT) reported the successful launch and deployment of the first eight replenishment satellites for Globalstar’s existing low Earth orbit constellation. The satellites, developed, integrated and tested in Montréal by MDA Space, were launched on August 15, 2026 at 9:12 p.m. ET on a SpaceX Falcon 9 from Cape Canaveral.
According to MDA Space, this is the company’s first delivery of LEO satellites as a prime contractor for a commercial communications constellation and follows a major transformation in its high-volume satellite production process. The remaining nine satellites are in final integration and, once all are operational on orbit, are expected to enable Globalstar to extend the life of its constellation supporting direct-to-device and IoT services.
MDA Space (TSX:MDA, NYSE:MDA) has officially opened the MDA CHORUS™ Control Centre in St-Bruno-de-Montarville, Québec, which will act as the operational hub for the MDA CHORUS™ Earth observation satellite constellation. The facility consolidates mission operations expertise and supports full-scope activities from command and control to mission assurance and data delivery. MDA CHORUS™ is a next-generation dual-band synthetic aperture radar constellation designed to provide wide-area C-band coverage and high-resolution X-band imaging in a single pass. According to MDA Space, the control centre opening keeps the constellation on track for launch in late 2026 and commercial operations in early 2027.
MDA Space (TSX: MDA, NYSE: MDA) appointed John Farrell and Stephen Spengler to its Board of Directors, effective immediately, adding deep manufacturing, telecommunications and satellite-sector experience to support the company’s next phase of growth.
Farrell is Executive Vice-President and Chief Operating Officer of Magna, overseeing global operations across 320 facilities in more than 25 countries and leading digital transformation and smart automation in manufacturing. Spengler is the former CEO of Intelsat, where he led a global satellite and terrestrial network serving over 1,700 business customers in more than 200 countries; he will also join the MDA Space Audit Committee.
MDA Space (TSX:MDA, NYSE:MDA) reported Q2 2026 revenues of $498.6 million, up 33.6% year-over-year, with adjusted EBITDA of $96.3 million, up 26.2% and a 19.3% margin. Adjusted net income was $51.8 million, while reported net income reached $27.9 million.
Quarter-end backlog was $4.0 billion, up $310 million from Q1 2026 but down from $4.6 billion a year earlier, supported by $808.9 million in Q2 bookings. The company posted operating cash flow of $(93.4) million and free cash flow of $(150.2) million, reflecting working capital swings and higher capex. Net cash stood at $152.8 million, versus net debt at year-end 2025, aided by March’s U.S. IPO.
MDA Space narrowed and raised the midpoint of its 2026 outlook to revenues of $1.8–$1.9 billion and adjusted EBITDA of $330–$370 million, reaffirming 18–20% margins and neutral to negative free cash flow. It highlighted early MDA CHORUS contracts, a new Montreal satellite facility, and pending acquisitions of Blue Canyon Technologies and CLS as expanding its global reach and addressable market.
MDA Space (TSX:MDA, NYSE:MDA) issued a statement supporting the Canadian Space Agency's intention to repurpose Canadarm3 investments and technologies to enable complex lunar surface operations under NASA's Artemis program. CEO Mike Greenley said the initiative can help advance Canada's role in the next phase of lunar exploration.
According to MDA Space, Canadarm3 builds on over four decades of Canadian space robotics, including 90 Space Shuttle flights with Canadarm and 25 years of continuous Canadarm2 operations on the ISS. The company states it is committed to working with the CSA and is positioned to provide surface logistics for a sustained human presence on the Moon.
MDA Space (TSX/NYSE: MDA) will supply Telesat LEO ULC, part of Telesat (Nasdaq/TSX: TSAT), with additional MDA AURORA™ broadband satellites as Telesat expands its Lightspeed low Earth orbit constellation. Telesat is increasing its fully funded LEO satellites by 69, from 156 to 225.
For MDA Space, this adds 27 satellites to its previously announced 198 Lightspeed satellites and raises the total contract value by $474 million, including 500 MHz of military Ka-band upgrades and long-lead items. Most of this increase is expected to enter MDA Space’s backlog in Q3 2026.
The Government of Canada also selected MDA Space as prime contractor for the ESCP-P UHF and X-band MEO constellation, with Telesat as subcontractor and contract details to follow.
MDA Space (TSX: MDA, NYSE: MDA) announced that its UK business has received a Pre-Authorisation to Proceed (PATP) contract from OHB System AG to supply critical lunar landing sensors for the European Space Agency’s Argonaut spacecraft.
The PATP allows MDA Space to immediately start engineering work and procure long-lead items in the UK, with support from the UK Space Agency, ahead of an anticipated full contract with OHB. Under that definitive agreement, MDA Space is expected to deliver two flight units of its UK-developed LEIA LiDAR sensor for Argonaut’s inaugural lunar mission. LEIA will form a central part of the Hazard Detection and Avoidance system, providing real-time 3D terrain mapping over a 40-degree field of view to autonomously identify safe landing zones regardless of lighting conditions.
MDA Space (TSX:MDA, NYSE:MDA) will release its second quarter 2026 financial results before market open on Friday, August 7, 2026. Management will host an earnings conference call and webcast at 8:30 a.m. ET with live phone access and online streaming.
A replay of the webcast will be available on the MDA Space investor relations website for 12 months, and an audio replay of the call will be accessible by phone for one week, until August 14, 2026, using the published dial-in numbers and passcode.