MDA Space Ltd (MDA)

MDA SPACE SELECTED BY BAE SYSTEMS FOR U.S. SPACE SYSTEMS COMMAND MEO EPOCH 2 CONSTELLATIONJune 2, 2026 9:04 AM
PR Newswire (Canada) As a proud industry partner, MDA Space is leveraging its commercial innovation to deliver critical payload technologies that will enhance the resilience and capabilities of the U.S. Space Force's missile warning and tracking national security mission. The contract will see MDA Space design and build antennas and control electronics for medium Earth orbit (MEO) national security satellites. TORONTO, June 2, 2026 /CNW/ - MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, has been selected by BAE Systems, Inc. (NYSE: BAESY) as part of the U.S. Space Systems Command (SSC) MEO EPOCH 2 Constellation program.  A key component of the U.S. multi-orbit missile defence architecture, Epoch 2 is focused on warning and tracking of advanced ballistic and hypersonic weapons. MDA Space will design and build antennas and antenna control electronics for the MEO Resilient Missile Warning & Tracking (RMWT) satellites to be produced by BAE Systems.This award is a continuation of previous work by MDA Space on the Space Development Agency's low Earth orbit Proliferated Warfighter Space Architecture Tranche 0, 1 and 2 Transport and Tracking layers, and the SSC's EPOCH 1 constellation, for multiple prime contractors."Being tapped by BAE Systems for the SSC's missile warning satellite constellation affirms our capabilities in delivering reliable satellite solutions for critical defence missions," said Mike Greenley, CEO of MDA Space. "As governments worldwide boost their national security spending and invest in the space domain, our robust product portfolio, expertise and advanced high-volume production infrastructure set MDA Space apart to meet the growing demand and keep our partners safe today and into the future."The contract was added to MDA Space's backlog in the first quarter of fiscal 2026, and the work is expected to be completed in 2027.FORWARD-LOOKING STATEMENTS
This press release contains forward-looking information within the meaning of applicable securities legislation, which reflects MDA Space's current expectations regarding future events. Such forward-looking information includes, but is not limited to, the ultimate completion of work and delivery of goods to MDA Space's customer and the conversion of backlog into revenue in connection with this contract. Forward-looking statements are based on certain assumptions and analyses made by MDA Space in light of management's experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties and other factors which may cause the actual results, performance or achievements of MDA Space to differ materially from those anticipated in such forward-looking statements for a variety of reasons, including without limitation the risks and uncertainties detailed under the "Risk Factors" section of MDA Space's annual information form dated March 4, 2026.Although MDA Space believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect and there can be no assurance that actual results will be consistent with the forward-looking statements. There are a number of additional risks and uncertainties affecting or that could affect MDA Space, which could cause actual results and developments to differ materially from those described in, expressed or implied by these forward-looking statements. Accordingly, readers should not place undue reliance on any forward-looking statements or information included within this press release. These forward-looking statements speak only as of the date of this news release. Except as required by law, MDA Space is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.ABOUT MDA SPACE
Building the space between proven and possible, MDA Space (TSX:MDA; NYSE:MDA) is a trusted mission partner to the global defence and space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The global MDA Space team of more than 4,000 space experts has the knowledge and know-how to turn an audacious customer vision into an achievable mission — bringing to bear a one-of-a-kind mix of experience, engineering excellence and wide-eyed wonder that's been in our DNA since day one. For those who dream big and push boundaries on the ground and in the stars to change the world for the better, we'll take you there. For more information, visit mda.space.ABOUT BAE SYSTEMS
BAE Systems, Inc.and our nearly 41,500 people are part of a global defense, aerospace, and security company with more than 110,000 employees worldwide. We design, build and deliver a full range of products and services for air, land, sea, space and cyberspace, as well as advanced electronics, intelligence, security, information technology solutions and support services. Our dedication shows in everything we do for our customers. Guided by a performance-driven culture of innovation and collaboration, our ambitious teams push the limits of possibility to protect those who protect us.SOCIAL MEDIA
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Rocket and satellite shares rally in premarket trade after SpaceX IPO filingMay 26, 2026 6:35 AM
IH Market News Shares of space and satellite companies surged in premarket trading on Tuesday, extending the sector’s recent rally following SpaceX’s public filing for what is expected to become the largest initial public offering ever launched. Redwire (NYSE:RDW) climbed 15% ahead of the opening bell, while MDA Space (NYSE:MDA) advanced 13%. Aerospace and satellite firms extend sector momentum Firefly Aerospace (NASDAQ:FLY) gained 11% in premarket activity, while Intuitive Machines (NASDAQ:LUNR) rose 8.6%. Meanwhile, AST SpaceMobile (NASDAQ:ASTS) added 6.4%, and both York Space Systems (NYSE:YSS) and Voyager Technologies (NYSE:VOYG) moved 7.5% higher. Shares of Satellogic (NASDAQ:SATL) gained 5.2%, while EchoStar (NASDAQ:SATS) rose 4.2%. SpaceX filing continues to fuel investor enthusiasm The broader sector has been gaining momentum since SpaceX officially filed for its anticipated IPO, an event widely expected to become the largest stock market debut on record. Redwire Corporation stock price MDA Space stock price Firefly Aerospace stock price Intuitive Machines stock price AST SpaceMobile stock price York Space Systems stock price Voyager Technologies stock price Satellogic stock price EchoStar stock price Original: Rocket and satellite shares rally in premarket trade after SpaceX IPO filing

SpaceX's Trillion-Dollar IPO Is Turning the Space Sector Into the Trade of 2026 -- Here Are Five Names Already Moving on ItMay 21, 2026 12:07 PM
PR Newswire (Canada) Issued on behalf of Starfighters Space, Inc.CAPE CANAVERAL, Fla., May 21, 2026 /CNW/ -- Equity Insider News Commentary — The looming SpaceX IPO has done something that almost no other capital markets event in a decade has managed: it has made the space sector mainstream investible. A Yahoo Finance segment that ran yesterday with ETF.com president Dave Nadig laid out the case directly, walking through the ETFs and broader public space exposure that stand to benefit from what is shaping up to be the largest IPO in history. Multiple ETF issuers are already gearing up. [1] SpaceX confidentially filed its S-1 with the SEC on April 1, 2026, and its public registration is expected to land on EDGAR between May 18 and May 22. The targeted June Nasdaq listing aims to raise as much as US$75 billion at a US$1.75 trillion valuation. [2] That alone reshapes the comparable set for every publicly traded space name in the market today.The sector backdrop is more than just one IPO. NASA announced a new Moon Base initiative in March. The Trump administration's Golden Dome missile defense program is in full procurement. The Department of War has expanded its hypersonic test budget. Commercial space stations, lunar landers, and microgravity research platforms — work that until recently lived inside a small handful of government programs — are now being executed by publicly traded companies posting record backlogs. Against that wave, one NYSE American–listed operator at Cape Canaveral made a move yesterday that drops it directly into a federal procurement opening.A NASA RFI, a Falcon 50, and a Capability the U.S. Has Gone WithoutStarfighters Space, Inc. (NYSE American: FJET) — the operator of what its own filings describe as the world's fastest fleet of commercial supersonic aircraft — announced a signed Memorandum of Understanding with Mu-G Technologies, LLC and a joint response to a NASA Armstrong Flight Research Center Request for Information for Parabolic Flight Services. The RFI targets companies that can rebuild the country's commercial microgravity capability — a capability the U.S. has gone without since the last domestic operator exited the market. [3]Under the MOU, Starfighters will host Mu-G's Dassault Falcon 50 at the Midland International Air & Space Port in Texas, where the aircraft will be modified to conduct parabolic test flights and worked through FAA certification. Starfighters provides ground support, chase plane and data collection, expert pilot integration, and safety and regulatory alignment. [3]The combined offering covers four flight environments at one site: microgravity from the Falcon 50, reduced gravity and hyper-gravity from the same parabolic profiles, and the supersonic regime from Starfighters' F-104s. The NASA RFI specifically asks for "novel or non-traditional flight platforms." [3]Microgravity research is increasingly where real commercial work happens. Pharma and biotech companies use the absence of gravity-driven sedimentation to grow purer protein crystals and study drug mechanisms. Materials scientists use reduced gravity to study how alloys solidify without convection currents. Defense and aerospace engineers use parabolic profiles to test sensors, fluid systems, and components before committing to a launch. U.S. researchers who need that environment today have to look overseas or wait — exactly the gap NASA is asking industry to fill.Starfighters CEO Tim Franta and Mu-G founder Robert S. Ward have known each other for nearly thirty years through the Space Coast aerospace community. Franta took over as CEO in February 2026. [4] Starfighters already flies revenue missions for Lockheed Martin, Space Florida, and the U.S. Air Force Research Laboratory. [5] On May 7, it added two senior Blue Origin engineers to lead STARLAUNCH operations. [6]Four Other Names Riding the Same WaveKarman Holdings Inc. (NYSE: KRMN) — A leader in critical next-generation system solutions for space, hypersonics, and missile defense. On May 12, Karman reported record Q1 2026 revenue of US$151.2 million, up 51.0% year-over-year, with record quarterly adjusted EBITDA of US$44.8 million (29.6% margin) and a record backlog of US$1.0 billion, up 61% year-over-year. The Space and Launch segment led growth at US$43.9 million, with the company introducing a new Maritime Defense Systems end market in the quarter. Management raised full-year 2026 guidance to US$720–US$735 million in revenue and US$208.5–US$219.5 million in adjusted EBITDA. [7][8]MDA Space Ltd. (NYSE: MDA) — A trusted mission partner to the global space industry, dual-listed on the NYSE and TSX. On May 7, MDA Space reported Q1 2026 revenue of CAD$464 million, up 32% year-over-year, with a backlog of CAD$3.7 billion providing visibility into 2026 and beyond. The company ended the quarter with a CAD$299 million net cash position and CAD$1.2 billion in total liquidity. In April, MDA launched MDA MIDNIGHT™, a space-control platform aimed at protecting critical orbital infrastructure, while in March it announced a Canadian Defence Investment Agency contract for three Ground-Based Optical observatories. CEO Mike Greenley cited a CAD$40 billion pipeline across commercial and government customers. [9]EchoStar Corporation (Nasdaq: SATS) — Holds an equity stake in SpaceX acquired through prior spectrum transactions, now widely flagged as one of the most direct public proxies for the SpaceX IPO repricing thesis. On May 11, EchoStar reported Q1 2026 revenue of US$3.67 billion and confirmed that the FCC's Wireless Telecommunications Bureau and Space Bureau approved its approximately US$40 billion sale of wireless spectrum to AT&T and SpaceX, with EchoStar to continue operating Boost Mobile via an MVNO partnership. [10][11] On May 13, New Street Research initiated coverage with a Buy rating and a US$161 price target, calling EchoStar "the SpaceX play, for now." [12]Viasat, Inc. (Nasdaq: VSAT) — A global satellite communications provider with annual revenue of approximately US$4.56 billion. Viasat is one of five companies awarded initial contracts under the U.S. Space Force's Protected Tactical SATCOM-Global (PTS-G) program, which carries a ceiling of US$4 billion in IDIQ value across awardees for resilient, anti-jam tactical communications. [13] On May 7, Viasat announced a cooperation agreement with activist investor Carronade Capital Management, adding two new independent directors to the Board's Strategic Review Committee. On May 13, New Street Research initiated coverage with a Buy rating and a US$100 price target, citing Viasat's defense communications position as a SpaceX-IPO-adjacent beneficiary. [12]The Bottom LineThe Yahoo Finance segment captured what the market has already started pricing: when the anchor of the entire ecosystem is going public at a US$1.75 trillion valuation, every publicly traded company that does real work in the same lane gets re-rated. Starfighters Space, Inc. (NYSE American: FJET) is one of the few publicly traded operators that owns a flying fleet of supersonic aircraft today, has revenue from blue-chip aerospace customers, and is now in the running for a NASA-defined commercial microgravity capability that does not currently exist domestically. The Mu-G MOU is the next concrete step. As always, investors should do their own research and consult a qualified financial advisor before making any decision.For more information on Starfighters Space, Inc., visit: https://equity-insider.com/fjet-landingContact:
Equity Insider
info @therooster-2873Sources:[1] https://finance.yahoo.com/video/spacex-ipo-set-bolster-space-180000761.html
[2] https://www.ibtimes.com/spacex-files-largest-ipo-ever-while-absorbing-494-billion-loss-its-xai-merger-3802915
[3] https://ir.starfightersspace.com/news-events/press-releases
[4] https://www.stocktitan.net/sec-filings/FJET/8-k-starfighters-space-inc-reports-material-event-3234f73ec472.html
[5] https://finance.yahoo.com/news/starfighters-space-demonstrates-commercial-supersonic-130000515.html
[6] https://finance.yahoo.com/sectors/technology/articles/starfighters-space-adds-blue-origin-130000983.html
[7] https://www.sec.gov/Archives/edgar/data/0002040127/000119312526219495/krmn-ex99_1.htm
[8] https://www.stocktitan.net/sec-filings/KRMN/8-k-karman-holdings-inc-reports-material-event-0e4e3b7a2b1a.html
[9] https://www.sec.gov/Archives/edgar/data/0001857047/000110465926056789/tm2613608d3_ex99-1.htm
[10] https://stockanalysis.com/stocks/sats/
[11] https://blockonomi.com/echostar-sats-stock-surges-on-spacex-ipo-speculation-and-40b-fcc-spectrum-deal/
[12] https://stocktwits.com/news-articles/markets/equity/spacex-ripple-effect-rklb-sats-vsat-top-space-stock-bets/cZX1hH7Re1b
[13] https://www.investing.com/news/company-news/viasat-secures-contract-for-us-space-force-satellite-program-93CH-4277193DISCLAIMER / DISCLOSURE:Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a digital media distribution and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed by USA News Group on behalf of MIQ. MIQ has been paid a fee for Starfighters Space, Inc. advertising and digital media from Creative Direct Marketing Group ("CDMG"). There may be 3rd parties who may have shares of Starfighters Space, Inc. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article or email as the basis for any investment decision. The owner/operator of MIQ currently owns shares of Starfighters Space, Inc. that were purchased in the open market and reserves the right to buy and sell, and will buy and sell shares of Starfighters Space, Inc. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company; no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been reviewed and approved on behalf of Starfighters Space, Inc. by CDMG; this is a digital media distribution.While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our article is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.FORWARD-LOOKING STATEMENTS:This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that demand for U.S. aerodynamic and hypersonic test infrastructure will continue to accelerate; that Starfighters Space, Inc.'s F-104 platform will provide testing capabilities at the cadence and conditions described; that the Company's expansion to Midland, Texas will proceed as planned; that the Company will retain and grow its existing customer base; that comparable companies will perform as expected. The forward-looking information contained herein is provided for the purpose of assisting the reader to understand the Company's business, however such information may not be appropriate for other purposes. Risks that could change or prevent these statements from coming to fruition include changing governmental laws and policies; the Company's ability to obtain and retain necessary licensing; political and competitive risks; failure of forecasts and assumptions to come to fruition; and other unforeseen circumstances. The publisher of this article does not take responsibility for the accuracy of any statements made by the issuing company or its representatives. Readers are cautioned not to place undue reliance on these forward-looking statements, and the publisher undertakes no obligation to update or revise any forward-looking statements except as required by applicable law.Logo: https://mma.prnewswire.com/media/2840019/5982425/Equity_Insider_Logo.jpg  View original content to download multimedia:https://www.prnewswire.com/news-releases/spacexs-trillion-dollar-ipo-is-turning-the-space-sector-into-the-trade-of-2026--here-are-five-names-already-moving-on-it-302778910.htmlSOURCE Equity Insider Original: SpaceX's Trillion-Dollar IPO Is Turning the Space Sector Into the Trade of 2026 -- Here Are Five Names Already Moving on It

MDA SPACE INAUGURATES HIGH-VOLUME SATELLITE MANUFACTURING FACILITY IN MONTRÉALMay 8, 2026 10:00 AM
PR Newswire (US) 185,000-square-foot expansion doubles MDA Space manufacturing floor space, enabling rapid delivery of flagship MDA AURORATM satellite product line Advanced automation, augmented reality, and proprietary test technology enable the delivery of large satellite constellations at speed and scaleSatellite production is now underway at the state-of-the-art facility, completed in less than two yearsMONTRÉAL, May 8, 2026 /PRNewswire/ - MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, inaugurated its new high-volume satellite manufacturing facility today in Montréal, marking a defining milestone in the company's growth as a satellite prime contractor. The 185,000-square-foot expansion was completed in under two years—from groundbreaking to operational clean rooms. One of the world's largest and most advanced satellite manufacturing facilities in its class, the new facility doubles the company's manufacturing floor space, providing MDA Space the capacity and capability to meet the growing global demand for advanced satellite constellations. The facility is specially designed to simultaneously and continuously assemble, integrate and test multiple MDA AURORATM satellites, the company's flagship line of digital satellite products. Designed to meet the changing and highly competitive technical and business requirements of the industry, the fully integrated MDA AURORA™ portfolio provides satellite operators with exceptional flexibility and functionality. These software-defined, dynamic beamforming satellites provide a new level of performance and efficiency in space-based networks for customers.A New Era in Canadian Space ManufacturingAugmented reality and automated equipment aid technicians with repetitive tasks, significantly improving manufacturing efficiency to enable the delivery of satellites at speed and scale. In addition, MDA Space has developed a proprietary test chamber and has integrated advanced technology that reduce validation time and enhance quality assurance processes.Beyond this expansion, the facility represents a fundamental shift in how MDA Space operates. New engineering and manufacturing processes, as well as performance data collection mechanisms, have been established to maximize efficiency and agility, building the operational foundation required to take on and deliver constellation programs and up to 400 satellites per year.Involved in the development of Canada's first satellite in the early 1960s and its first commercial communications satellite a decade later, MDA Space continues to be at the forefront of space technology and is writing a new chapter in a long tradition of homegrown space innovation. Technologically advanced, the facility is also designed to meet LEED standard certification, with features that include a green roof, rainwater collection system and solar panels that will generate 78,000 kWh of energy annually.Photography and b-roll available at: https://brandfolder.com/mda/media-kit-public"This new high-volume manufacturing facility is a key part of our strategy to establish MDA Space as a leading prime contractor for satellite constellations. With connectivity needs and the geopolitical climate evolving, we now have the cutting-edge talent, technology and capacity to deliver reliable, secure solutions for commercial, civil and military customers rapidly."—    Mike Greenley, CEO, MDA Space"We've been designing and building advanced satellite technology for more than 60 years, contributing to Canada's role as a leading space faring nation. This new facility is a symbol of continuity, but also of change, as we expand our offering to respond to emerging market demand today. We wish to thank our partners who made it possible to achieve this milestone in less than two years."—    Luigi Pozzebon, Vice-President, Satellite Systems, MDA Space"The fact that MDA Space is today inaugurating one of the largest satellite manufacturing facilities in the world highlights and reinforces Canada's place at the leading edge of the space sector. This investment also means good jobs for Canadians, a stronger, more sovereign economy, and growing our world class advanced manufacturing capacity here at home."—    Hon. Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions"The inauguration of this new MDA Space facility is excellent news for all of Quebec. This project confirms that we have the talent, expertise and know-how needed to be a leading player in the global space industry. By investing in innovation and in high-quality specialized jobs, MDA Space is contributing directly to Quebec's economic vitality and international standing."—    Bernard Drainville, Minister of Economy, Innovation and EnergyForward-Looking StatementsThis press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects the company's current expectations regarding future events. Such forward-looking information includes, but is not limited to, the production capacity of this new high-volume satellite manufacturing facility as well as the ultimate performance and operational capabilities of the facility. Forward-looking statements are based on certain assumptions and analyses made by MDA Space in light of management's experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties and other factors which may cause the actual results, performance or achievements of MDA Space to differ materially from those anticipated in such forward-looking statements for a variety of reasons, including without limitation the risks and uncertainties detailed under the "Risk Factors" section of MDA Space's annual information form dated March 4, 2026.Although MDA Space believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect and there can be no assurance that actual results will be consistent with the forward-looking statements. There are a number of additional risks and uncertainties affecting or that could affect MDA Space, which could cause actual results and developments to differ materially from those described in, expressed or implied by these forward-looking statements. Accordingly, readers should not place undue reliance on any forward-looking statements or information included within this press release. These forward-looking statements speak only as of the date of this news release. Except as required by law, MDA Space is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.ABOUT MDA SPACEBuilding the space between proven and possible, MDA Space (TSX:MDA; NYSE:MDA) is a trusted mission partner to the global defence and space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The global MDA Space team of more than 4,000 space experts has the knowledge and know-how to turn an audacious customer vision into an achievable mission—bringing to bear a one-of-a-kind mix of experience, engineering excellence and wide-eyed wonder that's been in our DNA since day one. For those who dream big and push boundaries on the ground and in the stars to change the world for the better, we'll take you there. For more information, visit mda.space.SOCIAL MEDIALinkedIn:         linkedin.com/company/mdaspace
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MDA SPACE ANNOUNCES 2026 ANNUAL GENERAL MEETING RESULTSMay 7, 2026 4:55 PM
PR Newswire (Canada) TORONTO , May 7, 2026 /CNW/ - MDA Space Ltd. ("MDA Space") (TSX:MDA) (NYSE:MDA) announced today the results of its Annual General Meeting of Shareholders (the "Meeting") which took place virtually on May 7, 2026. A total of 82,059,296 common shares (representing approximately 59.18% of all issued and outstanding common shares of MDA Space) were represented at the Meeting. The complete voting results for each item of business at the Meeting are presented below. Election of Directors
The Board of Directors of MDA Space had fixed at seven the number of directors (the "Directors") to be elected at the Meeting. Following the vote at the Meeting, each of the seven nominees listed in the MDA Space Management Information Circular dated March 30, 2026 was duly elected as a Director of the MDA Space Board of Directors until the close of the next annual meeting of shareholders or until their successor is appointed.NomineeVotes For% Votes ForVotes Withheld% Votes WithheldYaprak Baltacioglu76,280,93797.48 %1,972,1662.52 %Darren Farber78,068,87799.77 %184,2260.24 %Michael Greenley78,120,89799.83 %132,2060.17 %Brendan Paddick73,979,07294.54 %4,274,0315.46 %Jill Smith71,777,90391.73 %6,475,2008.28 %Karl Smith78,091,12599.79 %161,9780.21 %Yung Wu76,986,31398.38 %1,266,7901.62 %




Appointment of Auditor
Following the vote at the Meeting, KPMG LLP was appointed as the independent auditor of MDA Space until the close of the next annual meeting of shareholders, and the Directors were authorized to fix the auditor's remuneration.Votes For% Votes ForVotes Withheld% Votes Withheld81,964,88499.89 %94,4110.12 %



Advisory Vote on Approach to Compensation
The shareholders also approved, on an advisory basis, a resolution on the company's approach to executive compensation.Votes For% Votes ForVotes Against% Votes Against73,928,93294.47 %4,324,1715.53 %



ABOUT MDA SPACE
Building the space between proven and possible, MDA Space (TSX:MDA; NYSE:MDA) is a trusted mission partner to the global defence and space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The global MDA Space team of more than 4,000 space experts has the knowledge and know-how to turn an audacious customer vision into an achievable mission – bringing to bear a one-of-a-kind mix of experience, engineering excellence and wide-eyed wonder that's been in our DNA since day one. For those who dream big and push boundaries on the ground and in the stars to change the world for the better, we'll take you there. For more information, visit www.mda.space. View original content to download multimedia:https://www.prnewswire.com/news-releases/mda-space-announces-2026-annual-general-meeting-results-302766274.htmlSOURCE MDA Space Original: MDA SPACE ANNOUNCES 2026 ANNUAL GENERAL MEETING RESULTS

MDA SPACE REPORTS FIRST QUARTER 2026 RESULTSMay 7, 2026 5:45 AM
PR Newswire (US) Backlog of $3.7 billion at quarter-end, providing revenue visibility into 2026 and beyondRevenues of $464 million, up 32% YoYAdjusted EBITDA1 of $91 million, up 32% YoY; Adjusted EBITDA margin1 of 19.5%Adjusted net income1 of $51 million, up 32% YoYOperating cash flow of $61 million; Free cash flow1 of $(28) millionNet cash1 position of $299 million at quarter-end; Total liquidity of $1.2 billionReaffirmed 2026 full-year financial outlookTORONTO, May 7, 2026 /PRNewswire/ - MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a trusted mission partner to the rapidly expanding global space industry, today announced its financial results for the first quarter ended March 31, 2026. "Q1 execution drove a solid start to the year, with the MDA Space team once again delivering on our track record of quarterly year-over-year revenue growth. Our consistent performance reinforces our ability to deliver profitable growth while maintaining balance sheet strength to invest and expand, all of which contributed to a highly successful initial public offering and listing on the New York Stock Exchange.We continue to see the speed at which defence spending and demand for new space capability is shaping the market. In March, we announced a contract with Canada's Defence Investment Agency to deliver three Ground-Based Optical observatories to support space domain awareness for the Department of National Defence. In April, underpinned by the investments we have made in our next generation commercial and dual-use product portfolio, we launched MDA MIDNIGHTTM, a space control platform ideally timed to deliver capabilities urgently needed by defence departments to protect critical space infrastructure.Equally evident was focused execution across the business with our first set of Globalstar satellites signed off and delivered to Florida for the upcoming launch, and the first shipments of our space-grade chips received for integration into MDA AuroraTM.With a $40 billion pipeline, including both commercial and government customer opportunities, we remain confident in our ability to execute on our growth plans and deliver shareholder value."Mike Greenley, CEO of MDA SpaceQ1 2026 HIGHLIGHTSBacklog of $3.7 billion at quarter-end provides revenue visibility for 2026 and beyond. This compares to $4.8 billion as of Q1 2025 with the reduction year-over-year driven by strong conversion of backlog into revenue.Revenues of $464.1 million in Q1 2026 were up 32.2% year-over-year driven by higher volumes across all business areas in the quarter.Adjusted EBITDA of $90.6 million in Q1 2026 increased 32.1% year-over-year driven by higher volumes of work. Adjusted EBITDA margin of 19.5% in Q1 2026 is consistent with the Company's full year margin guidance of 18%-20%.Net income of $29.6 million in Q1 2026 was down 10.0% year-over-year and diluted earnings per share were $0.22 in Q1 2026, a decrease of 11.5% year-over-year driven primarily by the increase in amortization of intangible expenses related to the SatixFy Communications Ltd. acquisition in Q3 2025.1As defined in the "Non-IFRS Financial Measures" sectionAdjusted net income in Q1 2026 was $50.7 million increasing 32.0% year-over-year driven by the higher gross margin, partially offset by investments in SG&A and R&D. Adjusted diluted earnings per share of $0.38 in Q1 2026 increased 26.9% year-over-year as a result of the higher adjusted net income, partially offset by higher average diluted shares outstanding due to a recent equity issuance related to the US IPO.Operating cash flow of $60.9 million in Q1 2026 compared with $267.0 million in Q1 2025. The year- over-year decrease in operating cash flow was primarily due to working capital fluctuations.Free cash flow of $(27.6) million in Q1 2026 compared to $205.3 million in Q1 2025. The year-over- year decrease was driven by reduced operating cash flow as a result of the aforementioned lower working capital contributions as well as higher capital expenditures.Net cash position of $299.3 million at the end of Q1 2026 represented a (0.9)x net debt to adjusted EBITDA ratio and compares to a net debt position of $120.0 million as of December 31, 2025, which represented a 0.4x net debt to adjusted EBITDA ratio. The improved net cash position was largely driven by net proceeds received through an initial public offering in the United States, which was completed in Q1 2026.2026 FINANCIAL OUTLOOKAs a trusted mission partner and leading global space technology provider, we are leveraging our capabilities and expertise to execute on targeted growth strategies across our end markets and business areas. Our strategic initiatives, which span across our three businesses, include investing in next generation space technology and services, expanding our presence in attractive markets and geographies, scaling and expanding operations, skills, and talent to meet current and future market demand, leveraging strategic mergers, acquisitions and partnerships to complement organic growth, and continuing to position ourselves as Canada's national defence and space champion and a trusted supplier to partners and allies globally. We continue to make good progress against our long-term strategic plan.MDA Space is well positioned to capitalize on strong customer demand and robust market activity given our diverse and proven technology offerings. Our growth pipeline is significant and underpinned by existing and new programs and our book of business is healthy.Our fiscal 2026 outlook consists of the following:Revenues of $1.7 - $1.9 billion, representing year-over-year growth of approximately 10% at the mid-point of guidanceAdjusted EBITDA of $320 - $370 million, representing year-over-year growth of approximately 7% at the mid-point of guidanceAdjusted EBITDA margin of 18% - 20%Capital expenditures of $225 - $275 million to support another year of investments related to the production expansion at our Montreal facility and investments in chip developmentFree cash flow to be neutral to negative driven by normal program working capital fluctuationsFINANCIAL OVERVIEW
KEY INDICATORS SUMMARY
First Quarters Ended(in millions of Canadian dollars, except per share data)March 31, 2026March 31, 2025Revenues$            464.1$            351.0Gross profit115.279.7Gross margin24.8 %22.7 %Adjusted EBITDA90.668.6Adjusted EBITDA Margin19.5 %19.5 %Adjusted Net Income50.738.4Adjusted Diluted EPS$             0.38$             0.30




As at(in millions of Canadian dollars, except for ratios)March 31, 2026December 31, 2025BacklogNet debt2 to Adjusted TTM3 EBITDA ratio$       3,692.7 $(0.9)x4,012.90.4x2As defined in the 'Non-IFRS Financial Measures' section

3TTM: trailing twelve months


REVENUES BY BUSINESS AREA
First Quarters Ended(in millions of Canadian dollars)March 31, 2026March 31, 2025Satellite systems$            313.1$            222.0Robotics and space operations91.677.3Geointelligence59.451.7Consolidated revenues$            464.1$            351.0RevenuesConsolidated revenues for the first quarter of 2026 were $464.1 million, representing an increase of $113.1 million (or 32.2%) from the first quarter of 2025. The year-over-year increase in revenues was driven by higher volumes of work performed across all business areas in the quarter.By business area, revenues in Satellite Systems for the first quarter of 2026 were $313.1 million, which represents an increase of $91.1 million (or 41.0%) from the same period in 2025 driven by the increase in volume of work on the Telesat Lightspeed program and the Globalstar next generation LEO constellation program. Revenues in Robotics & Space Operations for the first quarter of 2026 were $91.6 million, which represents an increase of $14.3 million (or 18.5%) from the same period in 2025 driven by the increase in volume of work on the Canadarm3 program. Revenues in Geointelligence for the first quarter of 2026 were $59.4 million, which represents an increase of $7.7 million (or 14.9%) from the same period in 2025 due to higher volume of work on various programs.Gross Profit and Gross MarginGross profit reflects our revenues less cost of revenues. Q1 2026 gross profit of $115.2 million represents a $35.5 million (or 44.5%) increase over Q1 2025 driven by higher volumes of work performed across all business areas. Gross margin in Q1 2026 was 24.8% and compares to a gross margin of 22.7% in Q1 2025 driven by program mix.Adjusted EBITDA and Adjusted EBITDA MarginAdjusted EBITDA for the first quarter of 2026 was $90.6 million compared with $68.6 million for the first quarter of 2025, representing an increase of $22.0 million (or 32.1%) year-over-year driven by higher work volumes as we continue to convert our backlog. Adjusted EBITDA margin was 19.5% in the first quarter of 2026 compared to 19.5% adjusted EBITDA margin reported in the first quarter of 2025Adjusted Net IncomeAdjusted net income for the first quarter of 2026 was $50.7 million compared with $38.4 million for the first quarter of 2025, representing an increase of $12.3 million (or 32.0%) year-over-year primarily driven by higher operating income.BacklogBacklog is comprised of our remaining performance obligations which represents the transaction price of firm orders less inception to date revenue recognized and excludes unexercised contract options and indefinite delivery or indefinite quantity contracts. Backlog as at March 31, 2026 was $3,692.7 million, a decrease of $1,145.7 million compared with the backlog at March 31, 2025 driven by continued conversion of our backlog into revenue. The following table shows the build up of backlog for the three months ended March 31, 2026 as compared with the same period in 2025.First Quarters Ended
First Quarters Ended(in millions of Canadian dollars)March 31, 2026March 31, 2025Opening Backlog$           4,012.9 $4,385.5Less: Revenue recognized(464.1)(351.0)Add: Order Bookings143.9803.9Ending Backlog$           3,692.7 $4,838.4CONFERENCE CALL AND WEBCASTMDA Space will host a conference call and webcast to discuss these financial results on Thursday, May 7, 2026 at 8:30 a.m. ET. Interested parties can join the call by dialing 416-945-7677 (Toronto area) or 1-888-699-1199 (toll-free North America) or +44-800-279-7040 (toll-free United Kingdom) and entering the conference ID 38570. A live webcast of the conference call and an accompanying slide presentation will be available at https://mda-en.investorroom.com/events-presentations. A replay of the webcast will be archived on the MDA Space Investor Relations website. Parties may also access a recording of the call, which will be available until May 14, 2026, by dialing 1-888-660-6345 and entering the passcode 38570 #.NON-IFRS FINANCIAL MEASURESThis press release refers to certain non-IFRS measures. These measures are not recognized measures under IFRS Accounting Standards as issued by the International Accounting Standards Board (IFRS), do not have a standardized meaning prescribed by IFRS and therefore may not be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing further understanding of our results of operations from management's perspective. Accordingly, the measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. We use non- IFRS measures, including EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income, Adjusted Earnings per Share, Order Bookings, Net Debt (Cash) and Free Cash Flow to provide investors with supplemental measures of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS measures.We define EBITDA as net income (loss) before: i) depreciation and amortization expenses, ii) provision for (recovery of) income taxes, and iii) finance costs. Adjusted EBITDA is calculated by adding to and deducting from EBITDA, as applicable, certain expenses, costs, charges or benefits incurred which in management's view are either not indicative of underlying business performance or impact the ability to assess the operating performance of our business, including i) unrealized foreign exchange gain or loss, ii) unrealized gain or loss on financial instruments, iii) share-based compensation expenses, iv) share of profit or loss of equity-accounted investees, and v) other items that may arise from time to time. Adjusted EBITDA margin represents Adjusted EBITDA divided by revenue. Adjusted Net Income is calculated by adding to and deducting from net income, as applicable, certain expenses, costs, charges or benefits incurred which in management's view are either not indicative of underlying business performance or impact the ability to assess the operating performance of our business, including i) amortization of intangible assets related to business combinations, ii) unrealized foreign exchange gain or loss, iii) unrealized gain or loss on financial instruments, iv) share-based compensation expenses, v) share of profit or loss of equity-accounted investees, and vi) other items that may arise from time to time. Adjusted Earnings per Share represents Adjusted Net Income divided by the weighted average number of shares outstanding. Order Bookings is the dollar sum of contract values of firm customer contracts. Order Bookings is indicative of firm future revenues; however, it does not provide a guarantee of future net income and provides no information about the timing of future revenue. Net Debt (Cash) is the total carrying amount of long-term debt including current portions, as presented in the Q1 2026 Financial Statements, less cash and excluding any lease liabilities. Net Debt (Cash) is a liquidity metric used to determine how well the Company can pay its debt obligations if they were due immediately. Free Cash Flow is a supplemental measure used by Management and other users of the financial statements to monitor the availability of discretionary cash generated, and available to the Company to repay debt, make strategic investments, and meet other payment obligations. We define Free Cash Flow as operating cash flows less net capital expenditures.FORWARD-LOOKING STATEMENTSThis news release contains certain statements that may constitute "forward-looking information" within the meaning of applicable securities laws ("forward-looking statements"), including but not limited to statements relating to our financial position, business and growth strategies and our revenue pipeline. When used in this news release, forward-looking statements often but not always, can be identified by the use of forward-looking words such as, including but not limited to, "may", "will", "would", "should", "expect", "believe", "intend", "future" and other similar terminology or the negative or inverse of such words or terminology. Forward-looking statements are based on certain assumptions and analyses made by the Company in light of management's experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, including but not limited to: pipeline opportunities resulting in awarded contracts and realized revenue; retention of material customers; successful execution of our business strategies; consistent and stable economic conditions or conditions in financial markets; government priorities and the growth in the global space industry being consistent with expectations; consistent and stable legislation in the various countries in which we operate; and continued availability of qualified personnel.Forward-looking statements are also subject to risks and uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from those anticipated in such forward-looking statements for a variety of reasons, including without limitation: economic, political and geopolitical conditions; catastrophic space events, natural disasters and other significant disruptions; policies, priorities, mandates and funding levels of governmental entities; the termination of customer contracts; our revenue pipeline not resulting in firm contracts or realized revenue; the ability to execute large, complex and fixed-price contracts within expected cost, schedule and performance parameters; variability in the timing and realization of revenues from backlog; cybersecurity risks; tariffs or other international trade disputes; the loss, failure or performance degradation of RADARSAT-2; revenue concentration in a small number of contracts; the failure to successfully implement our growth strategy; supplier risks; our ability to develop new technology; risks associated with artificial intelligence and the adoption of emerging technologies; our ability to attract, train and retain employees; regulatory and export control requirements and approvals; financing, liquidity and covenant compliance risks; and the other risks and uncertainties detailed under the "Risk Factors" section of the Company's annual information form dated March 4, 2026. Although the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect and there can be no assurance that actual results will be consistent with the forward- looking statements. There are a number of additional risks and uncertainties affecting or that could affect MDA Space, which could cause actual results and developments to differ materially from those described in, expressed or implied by these forward-looking statements. Accordingly, readers should not place undue reliance on any forward-looking statements or information. These forward-looking statements speak only as of the date of this news release. Except as required by law, MDA Space is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.Certain information in this news release, including the section entitled "2026 Financial Outlook", may be considered as "financial outlook" or "future-oriented financial information" within the meaning of applicable securities laws. The purpose of this financial outlook or future-oriented financial information is to provide readers with disclosure regarding MDA Space's reasonable expectations as to the anticipated results of its proposed business activities for the period indicated. Readers are cautioned that the financial outlook or future-oriented financial information may not be appropriate for other purposes.ABOUT MDA SPACEBuilding the space between proven and possible, MDA Space (TSX:MDA; NYSE:MDA) is a trusted mission partner to the global defence and space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The global MDA Space team of more than 4,000 space experts has the knowledge and know-how to turn an audacious customer vision into an achievable mission – bringing to bear a one-of- a-kind mix of experience, engineering excellence and wide-eyed wonder that's been in our DNA since day one. For those who dream big and push boundaries on the ground and in the stars to change the world for the better, we'll take you there. For more information, visit www.mda.space. MDA Space Ltd.
Unaudited Interim Condensed Consolidated Statement of Comprehensive Income
For the years ended March 31, 2026 and 2025
(In millions of Canadian dollars except per share figures)
Three monthsended MarchThree monthsended March31, 202631, 2025Revenue$        464.1$        351.0Cost of revenueMaterials, labour and subcontractors(333.9)(257.6)Depreciation and amortization of assets(15.0)(13.7)Gross profit115.279.7Operating expensesSelling, general and administration(30.2)(23.4)Research and development, net(8.6)(5.5)Amortization of intangible assets(30.5)(11.6)Share-based compensation(5.8)(3.9)Operating income40.135.3Other income (expenses)Gain (loss) on financial instruments(0.4)0.1Foreign exchange gain and other8.413.1Finance income1.01.7Finance costs(6.4)(4.9)Share of loss of equity-accounted investee(1.5)—Income before taxes41.245.3Income tax expense(11.6)(12.4)Net income29.632.9Other comprehensive incomeGain (loss) on translation of foreign operations3.2(0.8)Remeasurement loss on defined benefit plans(2.2)(2.0)Total comprehensive income$          30.6$          30.1Earnings per share:Basic$          0.23$          0.27Diluted0.220.26Weighted-average common shares outstanding:Basic128,362,554122,239,378Diluted132,699,391127,589,192MDA Space Ltd.
Unaudited Interim Condensed Consolidated Statement of Financial Position
March 31, 2026 and 2025
(In millions of Canadian dollars)As atMarch 31, 2026December 31, 2025Assets Current assets: Cash$                   544.0$                      152.0Trade and other receivables149.0145.3Unbilled receivables207.4187.5Inventories37.023.5Income taxes receivable56.452.9Other current assets46.753.3
1,040.5614.5Non-current assets:Property, plant and equipment666.0649.6Right-of-use assets111.1114.5Intangible assets872.7876.7Goodwill804.9800.4Equity-accounted investees9.811.3Deferred income tax assets15.410.0Other non-current assets275.9279.2
2,755.82,741.7Total assets3,796.33,356.2Liabilities and shareholders' equityCurrent liabilities:Accounts payable and accrued liabilities458.6391.4Income taxes payable12.811.0Contract liabilities710.7798.9Current portion of net employee benefit payable86.877.1Current portion of lease liabilities19.820.2Other current liabilities19.819.2Non-current liabilities:1,308.51,317.8Net employee defined benefit payable23.223.4Lease liabilities116.2118.9Long-term debt244.7272.0Deferred income tax liabilities233.7245.7Other non-current liabilities23.323.4
641.1683.4Total liabilities1,949.62,001.2Shareholders' equityCommon shares1,501.91,042.7Contributed surplus37.936.0Accumulated other comprehensive income30.129.1Retained earnings276.8247.2Total equity1,846.71,355.0Total liabilities and equity$                 3,796.3$                    3,356.2MDA Space Ltd.
Unaudited Interim Condensed Consolidated Statement of Cash Flows
For the three months ended March 31, 2026 and 2025
(In millions of Canadian dollars)
Three monthsended March31, 2026Three months 
ended March31, 2025
Cash flows from operating activities

Net income$           29.6$        32.9Items not affecting cash:

Income tax expense11.612.4Depreciation of property, plant, and equipment8.77.0Depreciation of right-of-use assets3.73.3Amortization of intangible assets33.815.0Equity-settled share-based compensation4.32.8Investment tax credits accrued(10.6)(8.0)Finance costs, net5.43.2Loss (gain) on financial instruments0.4(0.1)Share of loss of equity-accounted investee1.5—Loss on buy-out of pension liability0.3—Changes in operating assets and liabilities(21.4)195.8
67.3264.3Interest paid(2.3)(2.3)Income tax (paid) received, net(4.1)5.0Net cash generated in operating activities60.9267.0Cash flows from investing activities

Purchases of property and equipment(67.2)(39.8)Purchases/development of intangible assets(21.3)(21.9)Proceeds from disposal of assets—0.2Proceeds from disposal of equity securities9.4—Net cash used in investing activities(79.1)(61.5)Cash flows from financing activities

Proceeds from senior credit facility95.0—Repayments of senior credit facility(125.0)—Payment of lease liability (principal portion)(3.0)(2.4)Proceeds from share issuance, net of transaction costs441.5—Proceeds from stock options exercised2.98.7Net cash generated in financing activities411.46.3Net increase in cash393.2211.8Net foreign exchange difference on cash(3.9)(2.2)Cash, beginning of period prior to restatement for IFRS 9 amendments152.0166.7Adjustment on adoption of IFRS 9 amendments on January 1, 20262.7—Cash, end of period$          544.0$       376.3RECONCILIATION OF NON-IFRS MEASURESThe following table provides a reconciliation of net income to EBITDA, adjusted EBITDA, and adjusted net income:
First Quarters Ended March 31,(in millions of Canadian dollars)20262025Net income$              29.6$               32.9Depreciation and amortization of assets15.713.7Amortization of intangible assets related to business combination30.511.6Income tax expense11.612.4Finance income(1.0)(1.7)Finance costs6.44.9EBITDA$              92.8$               73.8Unrealized foreign exchange gain(9.7)(11.4)Loss (gain) on financial instruments0.4(0.1)Loss on buy-out of pension liability0.3—Acquisition, integration and reorganization costs1.03.5Equity-settled share-based compensation4.32.8Share of loss of equity-accounted investee$                1.5$                  —Adjusted EBITDA$              90.6$               68.6First Quarters Ended March 31,
First Quarters Ended March 31,(in millions of Canadian dollars except for adjusted earnings per share)20262025Net income$              29.6$              32.9Amortization of intangible assets related to business combination30.511.6Acquisition, integration and reorganization costs1.03.5Loss on buy-out of pension liability0.3—Loss (gain) on financial instruments0.4(0.1)Unrealized foreign exchange gain(9.7)(11.4)Embedded derivative effects1.01.1Equity-settled share-based compensation4.32.8Share of loss of equity-accounted investee1.5—Income taxes related to the above items (1)(8.2)(2.0)Adjusted net income$              50.7$              38.4Weighted average number of shares outstanding - diluted132,699,391127,589,192Adjusted earnings per share - diluted$              0.38$              0.30(1) Adjusted effective tax rate applied starting 2026 to reflect the Company's actual tax burden and provide a comprehensive view of underlying profitability, consistent with the tax expense reflected Statement of Comprehensive Income, versus the statutory income tax rate applied previously. View original content to download multimedia:https://www.prnewswire.com/news-releases/mda-space-reports-first-quarter-2026-results-302764804.htmlSOURCE MDA Space Original: MDA SPACE REPORTS FIRST QUARTER 2026 RESULTS

MDA Space Secures 41 Early Customer Contracts and Letters of Interest for MDA CHORUS™ DataMay 5, 2026 8:20 AM
PR Newswire (Canada) Momentum with contracts and letters of interest demonstrates growing demand for next-generation Earth observation data ahead of late 2026 launchTORONTO, May 5, 2026 /CNW/ - MDA Space Ltd. (TSX: MDA) (NYSE:MDA), a trusted mission partner to the rapidly expanding global space industry, today announced at the GEOINT Symposium that it has finalized nine early customer contracts for MDA CHORUS™ data, its next-generation Earth observation constellation expected to launch in late 2026. In addition, the company has received 32 letters of interest from customers across Asia-Pacific, Latin America, Europe, North America and the Middle East. The contracts and letters of interest reflect strong commercial traction and customer demand for the company's highly trusted Earth observation data and insights that support multiple mission-critical applications, including maritime domain awareness, defence and security, mining, oil and gas, energy utilization and forestry management, among others."The number of early commitments to MDA CHORUS™ is a reflection of the trust customers have in MDA Space Earth observation products and the unique capabilities our next-generation constellation will bring to market," said Mike Greenley, CEO of MDA Space. "Demand for Earth observation data and imagery is driving increased engagement with customers globally who are looking for dependable and near real-time access to detect activity, protect critical environments, and support national security priorities. MDA CHORUS™ is ideally positioned to meet that demand."Building on decades of radar imaging expertise at MDA Space, MDA CHORUS™ will provide enhanced multi-sensor imaging performance and operational insight. Designed to deliver EO data day or night and in all-weather conditions, MDA CHORUS™ will support more frequent imaging opportunities, faster delivery of insights, and advanced applications such as near real-time exploitation and insights. Once operational, the collaborative multi-sensor satellite constellation will provide one of the most extensive radar imaging capacity available on the market in one system, ranging from broad area coverage with a 700 km-wide swath to sub-metre very high-resolution spotlight images.As MDA Space prepares for the launch of MDA CHORUS™, the company continues to engage customers across civil, defence and commercial markets, reinforcing its role as a leading global provider of commercial Earth observation data and mission-ready geospatial products.Visit our booth #1413 at GEOINT to learn more.FORWARD-LOOKING STATEMENTSThis news release contains forward–looking information within the meaning of applicable securities legislation, which reflects the company's current expectations regarding future events. Such forward-looking information includes, but is not limited to, the launch and operational timeline for MDA CHORUS™, the delivery of any MDA CHORUS™ data to customers under any early customer contracts or initial letters of interest, and the future performance of MDA CHORUS™ as well as the ultimate applications of Earth observation data collected by MDA CHORUS™.  Forward-looking statements are based on certain assumptions and analyses made by MDA Space in light of management's experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties and other factors which may cause the actual results, performance or achievements of MDA Space to differ materially from those anticipated in such forward-looking statements for a variety of reasons, including without limitation economic and political conditions; the possibility of catastrophic space events; policies, priorities, mandates and funding levels of government entities; the termination of our customer contracts; and the other risks and uncertainties detailed under the "Risk Factors" section of MDA Space's annual information form dated March 4, 2026.Although MDA Space believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect and there can be no assurance that actual results will be consistent with the forward-looking statements. There are a number of additional risks and uncertainties affecting or that could affect MDA Space, which could cause actual results and developments to differ materially from those described in, expressed or implied by these forward-looking statements. Accordingly, readers should not place undue reliance on any forward-looking statements or information included within this news release. These forward-looking statements speak only as of the date of this news release. Except as required by law, MDA Space is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.ABOUT MDA SPACE
Building the space between proven and possible, MDA Space Ltd. (TSX:MDA) is a trusted mission partner to the global defence and space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The global MDA Space team of more than 4,000 space experts  has the knowledge and know-how to turn an audacious customer vision into an achievable mission – bringing to bear a one-of-a-kind mix of experience, engineering excellence and wide-eyed wonder that's been in our DNA since day one. For those who dream big and push boundaries on the ground and in the stars to change the world for the better, we'll take you there. For more information, visit www.mda.space.SOCIAL MEDIALinkedIn:      linkedin.com/company/mdaspace
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MDA SPACE CONTRACTED BY AIRBUS FOR REPEAT ORDER OF ANTENNAS FOR ONEWEB CONSTELLATION EXTENSIONApril 20, 2026 8:15 AM
PR Newswire (Canada)

TORONTO, April 20, 2026 /CNW/ - MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, has been selected by Airbus to design and build more than 880 Ka-band steerable antennas and 440 Ku-band user replacement antennas for the OneWeb low Earth orbit (LEO) constellation owned by the global operator Eutelsat. This award follows an initial order to supply close to 2,000 antennas to the constellation, the second largest in lower Earth orbit with approximately 650 satellites, given to MDA Space by OneWeb in 2016.







With a heritage of delivering high-quality antenna systems for over 350 satellite missions, MDA Space leverages its expertise in high-volume production and capabilities as a leading supplier of innovative antenna systems to support the deployment of large-scale constellations like OneWeb. MDA Space antennas received a performance award from OneWeb for the original deployment."The selection of MDA Space for this repeat order underscores our company's reputation as a reliable partner in enabling advanced satellite communications and connectivity around the world," said Mike Greenley, CEO of MDA Space. "With the growth of satellite constellations continuing to accelerate, MDA Space is ideally positioned to meet full constellation life cycles from the initiation to expansion to the replacement of satellites, antennas and subsystems."Eutelsat awarded Airbus the contracts to build the OneWeb constellation extension in December 2024 and December 2025, for 100 and 340 satellites respectively. The antennas from MDA Space will be built, assembled and tested at the company's state-of-the-art high-volume satellite production facility in Montréal, and integrated into Arrow telecommunications satellites manufactured by Airbus.FORWARD-LOOKING STATEMENTSThis press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects the company's current expectations regarding future events. Such forward-looking information includes, but is not limited to, the ultimate manufacturing, assembly and testing of the antennas and the integration of the antennas in the satellites being manufactured by Airbus. Forward-looking statements are based on certain assumptions and analyses made by MDA Space in light of management's experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties and other factors which may cause the actual results, performance or achievements of MDA Space to differ materially from those anticipated in such forward-looking statements for a variety of reasons, including without limitation the risks and uncertainties detailed under the "Risk Factors" section of MDA Space's annual information form dated March 4, 2026.Although MDA Space believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect and there can be no assurance that actual results will be consistent with the forward-looking statements. There are a number of additional risks and uncertainties affecting or that could affect MDA Space, which could cause actual results and developments to differ materially from those described in, expressed or implied by these forward-looking statements. Accordingly, readers should not place undue reliance on any forward-looking statements or information included within this press release. These forward-looking statements speak only as of the date of this news release. Except as required by law, MDA Space is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.ABOUT MDA SPACEBuilding the space between proven and possible, MDA Space (TSX: MDA) (NYSE: MDA) is a trusted mission partner to the global defence and space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The global MDA Space team of more than 4,000 space experts has the knowledge and know-how to turn an audacious customer vision into an achievable mission—bringing to bear a one-of-a-kind mix of experience, engineering excellence and wide-eyed wonder that's been in our DNA since day one. For those who dream big and push boundaries on the ground and in the stars to change the world for the better, we'll take you there. For more information, visit mda.space.SOCIAL MEDIALinkedIn:         linkedin.com/company/mdaspace
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Facebook:      facebook.com/MDAspace
YouTube:        youtube.com/c/mdaspace
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Original: MDA SPACE CONTRACTED BY AIRBUS FOR REPEAT ORDER OF ANTENNAS FOR ONEWEB CONSTELLATION EXTENSION

MEDIA ADVISORY - MDA SPACE TO HOLD ITS FIRST QUARTER 2026 EARNINGS CONFERENCE CALL AND ANNUAL MEETING OF SHAREHOLDERS ON MAY 7, 2026April 14, 2026 5:00 PM
PR Newswire (US)

TORONTO, April 14, 2026 /PRNewswire/ - MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a trusted mission partner to the rapidly expanding global space industry, will release its first quarter 2026 financial results before market open on Thursday, May 7, 2026 and the management team will host a conference call and webcast to discuss these results at 8:30am ET.   







Details outlining how to access the conference call and webcast are provided below. A replay of the webcast will be archived on the MDA Space Investor Relations website for 12 months, and an audio recording of the call will be available for one week following the event (until May 14, 2026).Live Conference Call and Webcast DetailsLocal:+1 (416) 945-7677Toll-free North America:+1 (888) 699-1199Toll-free United Kingdom:+44 (800) 279-7040Conference ID:38570Webcast:https://app.webinar.net/76Nx3arZvjB
Conference Call ReplayLocal:+1 (289) 819-1450Toll-free North America:+1 (888) 660-6345Passcode:38570 #Annual General Meeting of Shareholders
MDA Space will host its Annual General Meeting of Shareholders on Thursday, May 7, 2026 at 11:00am ET. The meeting will be conducted virtually via a live webcast which can be accessed at https://virtual-meetings.tsxtrust.com/1893 allowing all interested shareholders to participate.  MDA Space's Management Information Circular, which includes details of the business to be conducted at the meeting and instructions on how to use the online platform, together with other meeting related materials, can be found on the MDA Space Investor Relations website, www.sedarplus.ca and www.sec.gov.ABOUT MDA SPACE
Building the space between proven and possible, MDA Space (TSX:MDA; NYSE:MDA) is a trusted mission partner to the global defence and space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The global MDA Space team of more than 4,000 space experts has the knowledge and know-how to turn an audacious customer vision into an achievable mission – bringing to bear a one-of-a-kind mix of experience, engineering excellence and wide-eyed wonder that's been in our DNA since day one. For those who dream big and push boundaries on the ground and in the stars to change the world for the better, we'll take you there. For more information, visit mda.space.



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Original: MEDIA ADVISORY - MDA SPACE TO HOLD ITS FIRST QUARTER 2026 EARNINGS CONFERENCE CALL AND ANNUAL MEETING OF SHAREHOLDERS ON MAY 7, 2026

MDA SPACE UNVEILS SPACE CONTROL PLATFORM MDA MIDNIGHT™, DESIGNED TO DEFEND AND PROTECT THE SPACE DOMAINApril 13, 2026 12:00 AM
PR Newswire (US)

Initial MDA MIDNIGHT™ mission is designed to rendezvous with low Earth orbit space assets to track, counter, capture and de-orbitTORONTO and COLORADO SPRINGS, Colo., April 13, 2026 /PRNewswire/ - MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a trusted mission partner to the rapidly expanding global space industry, today at the 41st Space Symposium in Colorado Springs announced MDA MIDNIGHT™, a space control platform for defence organizations to defend and protect the space domain.







MDA MIDNIGHT™ is a maneuverable spacecraft that employs high-reliability rendezvous and proximity operations (RPO) to detect, identify, counter and deter threats to critical space assets and orbits. The spacecraft can also be used to augment existing military missions through on-orbit surveillance, asset relocation and satellite refueling. Equipped with a suite of active and passive payload capabilities and world-leading robotics, MDA MIDNIGHT™ turns space domain awareness into actionable decision-making, enabling defence organizations to maintain operational continuity in the increasingly contested domain."With new and emerging threats from adversaries, the critical space infrastructure that we all depend on requires greater protection," said Mike Greenley, CEO of MDA Space. "Backed by 40 years of on-orbit robotics operations, decades of mission planning and satellite operations, advanced digital technologies and our high-volume commercial production capacity, MDA MIDNIGHT™ brings together the elements required for this critical mission, helping national and international defence organizations safeguard the space domain on which billions rely."With nations around the world increasingly relying on satellites for national security and economic prosperity, a report on Global Counterspace Capabilities from the Secure World Foundation indicates that a growing number of countries are identifying the need to develop space control, or 'bodyguard', satellites to mitigate the growing threat landscape. The importance of the space domain was also recently recognized in Canada, with the federal government declaring space as a key sovereign capability. In this context, MDA MIDNIGHT™ is designed to address emerging customer requirements by providing defence organizations with flight-proven technology in a mission-ready solution that can be rapidly configured, built and deployed to respond to new and emerging threats in space.The initial MDA MIDNIGHT™ mission is designed to rendezvous with multiple collaborative assets in low Earth orbit and employ a range of protective and defensive capabilities, including:On-orbit inspection and reporting of satellite statusElectronic counter measures detection, attribution and mitigationRendezvous and proximity operations, cooperative satellite capture and releaseDe-orbiting of a customer's non-operational assetOn the ground, operational procedures for MDA MIDNIGHT™ will be supported by an established flight controller team with unparalleled experience conducting over 100 free-flyer captures and decades of robotics operations on-orbit. For select customers, MDA MIDNIGHT™ can be operated through an established MDA Space Mission Control Centre.MDA MIDNIGHT™ also leverages recent advancements and investments in the company's diverse product suite, including MDA SKYMAKER™ commercial robotics and MDA AURORA™ satellite bus platform."At MDA Space, our technology and our team have millions of hours of experience planning and conducting on-orbit operations," said Holly Johnson, Vice President of Robotics and Space Operations at MDA Space. "As we bring this leadership to serve space defence customers, we are actively seeking military partnerships to collaborate on upcoming mission profiles and timing, as well as commercial payload partners to augment our suite of on-orbit capabilities."Military partners interested in collaborating on product launch missions for MDA MIDNIGHT™. should contact midnight@mda.space.FORWARD-LOOKING STATEMENTSThis press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects the company's current expectations regarding future events. Such forward-looking information includes, but is not limited to, statements regarding the expected capabilities, performance, use, mission profiles and deployment of MDA MIDNIGHT™, the scope, timing and execution of any future missions, the nature and extent of any potential customer use cases, partnerships or mission authorizations, the potential applications of the platform for defence and space domain operations, and MDA Space's ability to develop, configure, deploy, deliver and support a mission-ready space control platform to meet evolving defence and space domain requirements.Forward-looking statements are based on certain assumptions and analyses made by MDA Space in light of management's experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties and other factors which may cause the actual results, performance or achievements of MDA Space to differ materially from those anticipated in such forward-looking statements for a variety of reasons, including without limitation the risks and uncertainties detailed under the "Risk Factors" section of MDA Space's annual information form dated March 4, 2026.Although MDA Space believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect and there can be no assurance that actual results will be consistent with the forward-looking statements. There are a number of additional risks and uncertainties affecting or that could affect MDA Space, which could cause actual results and developments to differ materially from those described in, expressed or implied by these forward-looking statements. Accordingly, readers should not place undue reliance on any forward-looking statements or information included within this press release. These forward-looking statements speak only as of the date of this news release. Except as required by law, MDA Space is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.ABOUT MDA SPACEBuilding the space between proven and possible, MDA Space (TSX:MDA; NYSE:MDA) is a trusted mission partner to the global defence and space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The global MDA Space team of more than 4,000 space experts has the knowledge and know-how to turn an audacious customer vision into an achievable mission—bringing to bear a one-of-a-kind mix of experience, engineering excellence and wide-eyed wonder that's been in our DNA since day one. For those who dream big and push boundaries on the ground and in the stars to change the world for the better, we'll take you there. For more information, visit mda.space.SOCIAL MEDIA
LinkedIn:         linkedin.com/company/mdaspace
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Facebook:       facebook.com/MDAspace
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Original: MDA SPACE UNVEILS SPACE CONTROL PLATFORM MDA MIDNIGHT™, DESIGNED TO DEFEND AND PROTECT THE SPACE DOMAIN

MDA SPACE PROVIDES MARKET UPDATEMarch 24, 2026 1:50 PM
PR Newswire (Canada)

TORONTO, March 24, 2026 /CNW/ - MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a trusted mission partner to the rapidly expanding global space industry, today issued the following statement in response NASA's changes to the Artemis mission.







"MDA Space is monitoring NASA's ongoing discussions regarding changes to the Artemis mission as part of a renewed focus on accelerating a return to the Lunar surface. NASA has announced that it intends to pause Gateway in its current form and shift focus to infrastructure that enables sustained Lunar surface operations, and to repurpose equipment and leverage international partner commitments for use on the Lunar surface.MDA Space management reiterates that the company's Canadarm3 program associated with the Artemis program is a contract with the Canadian Space Agency and not with NASA or the US government. There has been no change to any MDA Space contract and our work on the Canadarm3 program continues to progress. We remain fully focused on executing our existing contracts and advancing our commercial opportunities to expand further.As a reminder, the Canadarm3 contract serves multiple markets including space agency and commercial opportunities. As a result, the Canadarm3 architecture was developed with flexibility to support multiple use cases, including in low Earth orbit, in cislunar space, and on the Lunar surface. Canadarm3 is currently in the design phase of the program providing flexibility to pivot to an alternate operating environment.MDA Space welcomes efforts to accelerate the Artemis mission and the broad, sustained new market opportunity that a return to the Lunar surface represents for our company. We are in continuous dialogue with the Canadian Space Agency and expect that Canada will continue to contribute robotics technology to the Artemis mission."FORWARD-LOOKING STATEMENTSThis press release contains forward-looking information within the meaning of applicable securities legislation, which reflects the company's current expectations regarding future events. Such forward-looking information includes, but is not limited to, possible market opportunities for MDA Space, Canada's future contributions to the Artemis mission and the potential for Canadarm3 to support alternate use cases. Forward-looking statements are based on certain assumptions and analyses made by MDA Space in light of management's experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties and other factors which may cause the actual results, performance or achievements of MDA Space to differ materially from those anticipated in such forward-looking statements for a variety of reasons, including without limitation, economic, political and geopolitical conditions; policies, priorities, mandates and funding levels of government entities; the termination of our customer contracts; the other risks and uncertainties detailed under the "Risk Factors" section of MDA Space's annual information form dated March 4, 2026.Although MDA Space believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect and there can be no assurance that actual results will be consistent with the forward-looking statements. There are a number of additional risks and uncertainties affecting or that could affect MDA Space, which could cause actual results and developments to differ materially from those described in, expressed or implied by these forward-looking statements. Accordingly, readers should not place undue reliance on any forward-looking statements or information included within this press release. These forward-looking statements speak only as of the date of this news release. Except as required by law, MDA Space is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.ABOUT MDA SPACE Building the space between proven and possible, MDA Space (TSX:MDA) is a trusted mission partner to the global defence and space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The MDA Space team of more than 4,000 space experts in Canada, the US and the UK has the knowledge and know-how to turn an audacious customer vision into an achievable mission – bringing to bear a one-of-a-kind mix of experience, engineering excellence and wide-eyed wonder that's been in our DNA since day one. For those who dream big and push boundaries on the ground and in the stars to change the world for the better, we'll take you there. For more information, visit www.mda.space.SOCIAL MEDIALinkedIn:         linkedin.com/company/mdaspace
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Facebook:      facebook.com/MDAspace
YouTube:        youtube.com/c/mdaspace
Instagram:      instagram.com/MDA_space



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Original: MDA SPACE PROVIDES MARKET UPDATE

MDA SPACE ANNOUNCES EXERCISE OF OVER-ALLOTMENT OPTION IN INITIAL PUBLIC OFFERING IN THE UNITED STATESMarch 20, 2026 9:06 AM
PR Newswire (US)

TORONTO, March 20, 2026 /PRNewswire/ - MDA Space Ltd. ("MDA Space" or the "Company") (TSX: MDA) (NYSE: MDA) today announced that, in connection with its recently completed marketed public offering (the "Offering") of common shares of MDA Space (the "Common Shares"), the underwriters have exercised their over-allotment option to purchase an additional 1,344,071 Common Shares at the price to public of US$30.50 per Common Share for additional aggregate gross proceeds to the Company of approximately US$41 million. The exercise of the over-allotment option increases the total gross proceeds of the Offering to approximately US$341 million.







The Offering was conducted through a syndicate of underwriters led by J.P. Morgan and RBC Capital Markets, as joint lead active bookrunners, and BMO Capital Markets, Deutsche Bank Securities, Jefferies, Scotiabank, and Canaccord Genuity, as joint active bookrunners.As previously announced, MDA Space intends to use the net proceeds of the Offering to allow the Company to pursue its growth strategies, including expanding its customer base and solutions, supporting the growth of existing customers, and pursuing other strategic opportunities, which may include acquisitions or investments. MDA Space may also use a portion of the net proceeds of the Offering for general corporate purposes, including the repayment of a portion of amounts outstanding under the Company's existing credit facilities.No securities regulatory authority has either approved or disapproved the contents of this press release. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Common Shares in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such province, state or jurisdiction.About MDA SpaceBuilding the space between proven and possible, MDA Space (TSX:MDA; NYSE:MDA) is a trusted mission partner to the global defence and space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The global MDA Space team of more than 4,000 space experts has the knowledge and know-how to turn an audacious customer vision into an achievable mission – bringing to bear a one-of-a-kind mix of experience, engineering excellence and wide-eyed wonder that's been in our DNA since day one. For those who dream big and push boundaries on the ground and in the stars to change the world for the better, we'll take you there.Forward-Looking StatementsCertain statements contained in this news release are forward-looking statements and are provided for the purpose of presenting information about management's current expectations and plans relating to the future. Readers are cautioned that such statements may not be appropriate for other purposes. These forward-looking statements include statements regarding the intended use of proceeds of the Offering. In some cases, forward-looking statements can be identified by such terms as "will", "would", "anticipate", "anticipated", "expect" and "expected". The forward-looking statements in this news release are based on certain assumptions, including assumptions regarding general economic and political conditions and the Company's future growth initiatives. Such statements are subject to significant known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such statements and, accordingly, should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Such risks include those risks described in the base shelf prospectus filed on August 7, 2025, the final prospectus supplement filed in connection with the Offering, available on SEDAR+ at www.sedarplus.ca, including the documents incorporated by reference therein (including the risks and uncertainties detailed under the "Risk Factors" section of the Company's annual information form dated March 4, 2026), and the registration statement, available on EDGAR at www.sec.gov, which risks may be dependent on market factors and not entirely within the Company's control. Although management believes that it has a reasonable basis for the expectations reflected in these forward-looking statements, actual results may differ from those suggested by the forward-looking statements for various reasons. These forward-looking statements reflect current expectations of the Company as at the date of this news release and speak only as at the date of this news release. Except as required by law, MDA Space is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.



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Original: MDA SPACE ANNOUNCES EXERCISE OF OVER-ALLOTMENT OPTION IN INITIAL PUBLIC OFFERING IN THE UNITED STATES

MDA Space awarded contract with Canadian Department of National Defence to deliver Ground-Based Optical Capability for Space SurveillanceMarch 18, 2026 1:45 PM
PR Newswire (Canada)

TORONTO, March 18, 2026 /CNW/ - MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a trusted mission partner to the rapidly expanding global space industry, announced today that it has been contracted by Canada's Defence Investment Agency (DIA) to deliver three Ground-Based Optical (GBO) observatories as part of the Surveillance of Space 2 space domain awareness program to the Department of National Defence (DND). Valued at approximately $32 million, as part of the contract MDA Space will also operate and provide in-service support to ensure long-term sustainment of the ground stations.







The DND is modernizing Canada's continental defence capabilities to address new and emerging threats to critical space infrastructure. Once delivered, the new GBO observatories will provide additional defence capabilities to Canada's existing Sapphire satellite which currently enables the Canadian Armed Forces (CAF) to detect, track, characterize and monitor objects in deep space.Through this contract, by 2028, MDA Space will establish three remotely operated GBO observatories in Alberta, Manitoba and New Brunswick. These observatories will provide persistent, reliable space surveillance from the ground, and are an important component of Canada's broader space-surveillance architecture.Quotes"As space becomes more contested, congested and competitive, persistent surveillance and space domain awareness provides the Canadian Armed Forces and trusted allies with a better understanding of what is happening in a complex environment they can't otherwise see. With decades of proven expertise providing defence and security, MDA Space is honoured to once again be selected as a trusted mission partner to Canada and to the Department of National Defence."Mike Greenley
Chief Executive Officer, MDA Space"Canada's security depends on the space-based systems that enable everything from communications and navigation to weather forecasting and emergency response. Today's contract award to MDA Space will deliver the capabilities the Canadian Armed Forces need while growing Canada's world-class space sector and creating good-paying jobs. With the Defence Investment Agency and our Defence Industrial Strategy, we are streamlining procurements and building the sovereign capabilities that will ensure Canada remains a leader in this crucial domain."The Honourable Stephen Fuhr
Secretary of State (Defence Procurement)FORWARD-LOOKING STATEMENTSThis press release contains forward-looking information within the meaning of applicable securities legislation, which reflects the company's current expectations regarding future events. Such forward-looking information includes, but is not limited to, the scope of any actual operational and in-service support services MDA Space will provide to the GBO observatories, the capabilities of the GBO observatories once delivered and their ability to meet the evolving needs of MDA Space's customer. Forward-looking statements are based on certain assumptions and analyses made by MDA Space in light of management's experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties and other factors which may cause the actual results, performance or achievements of MDA Space to differ materially from those anticipated in such forward-looking statements for a variety of reasons, including without limitation the risks and uncertainties detailed under the "Risk Factors" section of MDA Space's annual information form dated March 4, 2026.Although MDA Space believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect and there can be no assurance that actual results will be consistent with the forward-looking statements. There are a number of additional risks and uncertainties affecting or that could affect MDA Space, which could cause actual results and developments to differ materially from those described in, expressed or implied by these forward-looking statements. Accordingly, readers should not place undue reliance on any forward-looking statements or information included within this press release. These forward-looking statements speak only as of the date of this news release. Except as required by law, MDA Space is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.ABOUT MDA SPACEBuilding the space between proven and possible, MDA Space (TSX:MDA; NYSE:MDA) is a trusted mission partner to the global defence and space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The global MDA Space team of more than 4,000 space experts has the knowledge and know-how to turn an audacious customer vision into an achievable mission – bringing to bear a one-of-a-kind mix of experience, engineering excellence and wide-eyed wonder that's been in our DNA since day one. For those who dream big and push boundaries on the ground and in the stars to change the world for the better, we'll take you there. For more information, visit mda.space.SOCIAL MEDIALinkedIn:         linkedin.com/company/mdaspace
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Facebook:      facebook.com/MDAspace
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Original: MDA Space awarded contract with Canadian Department of National Defence to deliver Ground-Based Optical Capability for Space Surveillance

MDA SPACE ANNOUNCES CLOSING OF INITIAL PUBLIC OFFERING IN THE UNITED STATESMarch 16, 2026 8:59 AM
PR Newswire (US)

TORONTO, March 16, 2026 /PRNewswire/ - MDA Space Ltd. ("MDA Space" or the "Company") (TSX: MDA) (NYSE: MDA) today announced the closing of its previously announced marketed public offering (the "Offering") of common shares of MDA Space (the "Common Shares") in the United States and Canada, representing the Company's initial public offering in the United States and the listing of its Common Shares on the New York Stock Exchange. A total of 9,836,065 Common Shares were issued and sold at a price of US$30.50 per share (the "Offering Price") for gross proceeds to the Company of approximately US$300 million.







The Offering was conducted through a syndicate of underwriters led by J.P. Morgan and RBC Capital Markets, as joint lead active bookrunners, and BMO Capital Markets, Deutsche Bank Securities, Jefferies, Scotiabank, and Canaccord Genuity, as joint active bookrunners.MDA Space intends to use the net proceeds of the Offering to allow the Company to pursue its growth strategies, including expanding its customer base and solutions, supporting the growth of existing customers, and pursuing other strategic opportunities, which may include acquisitions or investments. MDA Space may also use a portion of the net proceeds of the Offering for general corporate purposes, including the repayment of a portion of amounts outstanding under the Company's existing credit facilities.No securities regulatory authority has either approved or disapproved the contents of this press release. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Common Shares in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such province, state or jurisdiction.About MDA SpaceBuilding the space between proven and possible, MDA Space (TSX:MDA; NYSE:MDA) is a trusted mission partner to the global defence and space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The global MDA Space team of more than 4,000 space experts has the knowledge and know-how to turn an audacious customer vision into an achievable mission – bringing to bear a one-of-a-kind mix of experience, engineering excellence and wide-eyed wonder that's been in our DNA since day one. For those who dream big and push boundaries on the ground and in the stars to change the world for the better, we'll take you there.Forward-Looking StatementsCertain statements contained in this news release are forward-looking statements and are provided for the purpose of presenting information about management's current expectations and plans relating to the future. Readers are cautioned that such statements may not be appropriate for other purposes. These forward-looking statements include statements regarding the intended use of proceeds of the Offering. In some cases, forward-looking statements can be identified by such terms as "will", "would", "anticipate", "anticipated", "expect" and "expected". The forward-looking statements in this news release are based on certain assumptions, including assumptions regarding general economic and political conditions and the Company's future growth initiatives. Such statements are subject to significant known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such statements and, accordingly, should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Such risks include those risks described in the base shelf prospectus filed on August 7, 2025, the final prospectus supplement filed in connection with the Offering, available on SEDAR+ at www.sedarplus.ca, including the documents incorporated by reference therein (including the risks and uncertainties detailed under the "Risk Factors" section of the Company's annual information form dated March 4, 2026), and the registration statement, available on EDGAR at www.sec.gov, which risks may be dependent on market factors and not entirely within the Company's control. Although management believes that it has a reasonable basis for the expectations reflected in these forward-looking statements, actual results may differ from those suggested by the forward-looking statements for various reasons. These forward-looking statements reflect current expectations of the Company as at the date of this news release and speak only as at the date of this news release. Except as required by law, MDA Space is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.



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Original: MDA SPACE ANNOUNCES CLOSING OF INITIAL PUBLIC OFFERING IN THE UNITED STATES

This is about to break out above the current $28.77. It looks like it needs to consolidate, but in reality it has been beautifully. $40+ by year end?

Seems too good to be true!

Hello.....I think you may be right (if it weren't for some tariffs).
I just looked at thier numbers and my jaw dropped 4 feet.
Mkt cap = 2.4 B US , 3.6 Cdn
Revs eps and growth rates have been mind boggling for a co. no one seems to have heard of.
PE 44 tho still so SOME folks have heard of 'em.
Chart's wild - It is at 28

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Amda&x=0&y=0&time=100&startdate=1%2F4%2F2017&enddate=9%2F28%2F2025&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=1&maval=50+200&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11

https://mda-en.investorroom.com/2025-03-07-MDA-SPACE-REPORTS-FOURTH-QUARTER-AND-FISCAL-2024-RESULTS

https://www.facebook.com/100060583878919/posts/pfbid031me7Y4bM8DnHkYqPssnRmczN5NRDau1BCEC34bZU2Rj8v6iqnThUn23rd2LyV9zil/?

https://mda-en.investorroom.com/2025-02-13-MEDIA-ADVISORY-MDA-SPACE-TO-PARTICIPATE-IN-CITIS-2025-GLOBAL-INDUSTRIAL-TECH-AND-MOBILITY-CONFERENCE

https://mda-en.investorroom.com/2025-02-11-MDA-SPACE-TO-HOLD-ITS-FOURTH-QUARTER-2024-EARNINGS-CONFERENCE-CALL-ON-MARCH-7,-2025

https://mda-en.investorroom.com/2025-02-10-MDA-SPACE-SIGNS-1-1B-CONTRACT-WITH-GLOBALSTAR-TO-BUILD-NEXT-GENERATION-LEO-CONSTELLATION

https://bit.ly/4gerjRe

https://www.facebook.com/100060583878919/posts/pfbid0YqzfyfQkSy4cmkKaFWQvX8f9kdb9KfdQMMhDnFM22xSZpj5e8nh3g1Sa39HMoktl/?

https://m.facebook.com/story.php?story_fbid=pfbid036cURTJFK1y8uLjst8tZK47NZdKfU5NQVWLmXYJvDfaM7D4aEDgBGqHpK44qqkrLl&id=100060583878919

https://mda-en.investorroom.com/2024-12-12-MDA-SPACE-AND-INDSPIRE-LAUNCH-NEW-INDIGENOUS-STUDENT-SCHOLARSHIP-PROGRAM

https://mda-en.investorroom.com/2024-12-04-MDA-SPACE-NAMED-ONE-OF-GREATER-TORONTOS-TOP-EMPLOYERS-FOR-2025

https://mda-en.investorroom.com/2024-12-04-TELESAT-AND-MDA-SPACE-COMPLETE-KEY-MILESTONE-FOR-TELESAT-LIGHTSPEED-CONSTELLATION

https://stockanalysis.com/quote/otc/MDALF/

https://stockanalysis.com/quote/otc/MDALF/

https://finance.yahoo.com/news/mda-spaces-tse-mda-performance-113623881.html

Anyone else following this company?
Seems like they can be a powerhouse in the near future!