MDA Space Expands Contract With Globalstar

MDA Space expands contract with Globalstar to C$1.1 billion for next-gen satellites
Canadian MDA Space said on Monday that it has expanded its contract with Globalstar to develop the next generation of low Earth orbit satellites, bringing the total contract value to about C$1.1 billion ($767.
MDA Space Now Prime Contractor for Globalstar's Satellite Network in Expanded C$1.1B Deal
MDA Space signed a contract to become Globalstar's prime contractor for its satellite constellation, with the agreement now worth a total of 1.1 billion Canadian dollars ($769.6 million).
MDA Space shares up after signing $1.1B deal with Globalstar
Shares of MDA Space Ltd. were up more than 10 per cent after it signed a contract worth $1.1 billion with satellite operator Globalstar Inc.
MDA SPACE SIGNS $1.1B CONTRACT WITH GLOBALSTAR TO BUILD NEXT GENERATION LEO CONSTELLATION
As part of the definitive contract for the full LEO constellation, MDA Space will manufacture more than 50 MDA AURORA TM software-defined digital satellites for Globalstar. "We are pleased to once again be working with Globalstar as they develop their next generation LEO constellation,
MDA Space Shares Lift on Prime Contractor Role for Globalstar's Satellite Network
MDA Space shares rose Monday morning after the company signed a contract to become Globalstar's prime contractor for its satellite constellation for an added 750 million Canadian dollars ($524.7 million). Shares traded 11% higher at C$24.23.
MDA Space secures $1.1B contract with Globalstar
MDA Space (TSX:MDA:CA) signed a contract with Globalstar (NYSE:GSAT) to be the prime contractor for the satellite operator's next-generation low Earth orbit (LEO) constellation, with a total contract value of ~$1.
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Apple's Satellite Partner Globalstar Orders Dozens of Low-Earth Satellites
As the satellite internet market heats up, Canada-based MDA Space confirms a $1.1 billion contract with Globalstar, which got ...
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Globalstar, Inc. (GSAT)
COVINGTON, La., January 07, 2025--Globalstar, Inc. (NYSE American: GSAT), the next-generation mobile satellite and communications services provider, announced today Peiker Holding Gmbh and ...
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Apple’s New ‘Game Changer’ iPhone Update Brings Starlink Satellite Access
And Apple’s Emergency SOS via satellite service used the rival Globalstar network. A post on X from Mario Nawfal, founder of IBC Group, described the update as a “game changer,” saying ...