MDA Space Expands Contract With Globalstar

MDA Space adds $750-million to Globalstar-Apple satellite deal
MDA will now manufacture 50 low-earth orbit satellites for Globalstar, a company competing with Elon Musk’s Starlink to gain market share of satellite-based services. Globalstar provides service for satellite phones, low-speed data transmission and Earth observation.
MDA signs C$1.1B contract with Globalstar to build next-gen LEO constellation
MDA Space (MDALF) announced that it has signed a definitive contract with Globalstar (GSAT) to be the prime contractor for the satellite
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 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 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.
Canada’s MDA Space expands contract with Globalstar to $1.1-billion for next-gen satellites
The Canadian space technology company will add approximately $750-million to its backlog in the first quarter of fiscal 2025. This is in addition to the $350-million that was already added when the deal was first announced in late 2023.
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 SIGNS $1.1B CONTRACT WITH GLOBALSTAR TO BUILD NEXT GENERATION LEO CONSTELLATION
MDA Space Ltd. (TSX: MDA), a trusted mission partner to the rapidly expanding global space industry, today announced that it has signed a definitive contract with Globalstar Inc. (NYSE American: GSAT) to be the prime contractor for the satellite operator's next generation low Earth orbit (LEO) constellation,
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.
Toronto Stocks Advance; MDA Space Shares Take Off on Globalstar Pact
MDA Space shares rose over 12%, to 24.60 Canadian dollars (US$17.21), the morning after the company signed a contract to become Globalstar's prime contractor for its satellite constellation for an added C$750 million.
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