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mda

MDA working on mega-constellations

Canada-based satellite component supplier MDA reports it is actively bidding on supplying several mega-constellations of satellites in addition to the contracts it has in place with Telesat’s broadband-by-satellite Lightspeed project and OneWeb. MDA’s CEO Mike Greenley says the company expects to see revenues of some C$800 million (€547.3m) from its Lightspeed contracts between this year […]

August 20, 2021By Chris Forrester

MDA wraps IPO offer

Satellite technology and services company MDA has reported an over-allotment of shares following on from its IPO. MDA Corp, the satellite builder formerly known as MacDonald, Dettwiler & Assoc, are perhaps better known as the builders of the Space Shuttle’s sophisticated ‘Canadarm’ robotic crane which is still used on the International Space Station MDA says […]

April 15, 2021By Chris Forrester

MDA prices IPO offer

Space and satellite specialist MDA has announced its share price offer for the upcoming IPO. It will offer shares at C$14 per common share, with the target to raise approximately C$400 million. The offer will close on April 7th. The Toronto Stock Exchange has conditionally approved the listing of the Common Shares, subject to the […]

April 6, 2021By Chris Forrester

MDA prepares for IPO

Canada’s MDA, the satellite builder formerly known as MacDonald, Dettwiler & Assoc – but perhaps better known as the builders of the Space Shuttle’s sophisticated ‘Canadarm’ robotic crane and still used on the International Space Station – is mounting an IPO. MDA, founded in 1969 (by Dr John MacDonald and Vern Dettwiler) also helped build […]

March 24, 2021By Chris Forrester