Tag: NYSE: MDA

  • MDA Space Launches First Satellites as Prime Contractor

    MDA Space Ltd. (TSX: MDA) (NYSE: MDA) confirmed in a press release on August 16 that it successfully launched the first eight of 17 replenishment satellites it is building for Globalstar Inc. (NASDAQ: GSAT), extending the life of Globalstar’s existing low Earth orbit (LEO) satellite network. The launch itself is routine in one sense, satellites…

  • MDA Space Adds Military Comms to Telesat’s LEO Expansion

    MDA Space Ltd. (TSX: MDA) (NYSE: MDA) announced in a press release on August 4 that the value of its satellite manufacturing contract with Telesat Corporation (Nasdaq: TSAT) (TSX: TSAT) has increased by $474 million, following Telesat’s decision to expand its Lightspeed low Earth orbit (LEO) broadband constellation. The increase matters beyond its dollar figure:…