About MDA Space
MDA Space is a company based in Brampton (Canada) founded in 1969 was acquired by SatixFy in April 2025. It operates as a Professional Services. The company has 3,400 employees as of December 31, 2024. MDA Space has completed 1 acquisition, including SatixFy. MDA Space offers products and services including Space Mission Solutions, Communications Satellites, and Earth and Space Observation. MDA Space operates in a competitive market with competitors including Astroscale, Ubotica, PIESAT, European Satellite Services Provider and AzurX, among others.
- Headquarter Brampton, Canada
- Employees 3400 as on 31 Dec, 2024
- Stage Public
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Sectors
Aerospace, Defense & Maritime
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mda Space Ltd
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Annual Revenue
$750.63 M (USD)33.74as on Dec 31, 2024
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Net Profit
$55.18 M (USD)62.7as on Dec 31, 2024
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EBITDA
$108.08 M (USD)26.12as on Dec 31, 2024
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Latest Funding Round
$3.67 M (USD), Post-IPO
Apr 19, 2021
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Investors
SatixFy
& 1 more
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Employee Count
3400
as on Dec 31, 2024
- Investments & Acquisitions
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Acquired by
SatixFy
(Apr 01, 2025)
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IPO & Listings of MDA Space
MDA Space is a publicly listed company on the TSX with ticker symbol MDA in Canada, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of MDA Space
MDA Space offers a comprehensive portfolio of products and services, including Space Mission Solutions, Communications Satellites, and Earth and Space Observation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Solutions for space missions are provided by MDA Space.
Communications satellites are developed for global connectivity needs.
Observation services for Earth and space are offered.
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Funding Insights of MDA Space
- Total Funding Total Funding
- Total Rounds 5
- Last Round Post-IPO — $3.7M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Post-IPO - MDA Space | Valuation |
investors |
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| Nov, 2020 | Amount | Grant - MDA Space | Valuation |
investors |
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| Jan, 2020 | Amount | Grant - MDA Space | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MDA Space
MDA Space has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include SatixFy and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Provider of satellite communication SOCs and products
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MDA Space
MDA Space has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SatixFy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of satellite communication SOCs and products
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MDA Space
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mda Space Comparisons
Competitors of MDA Space
MDA Space operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Astroscale, Ubotica, PIESAT, European Satellite Services Provider and AzurX, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Satellite solutions for space debris removal are developed.
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| domain | founded_year | HQ Location |
AI-powered visual IoT platform for real-time edge processing is provided.
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| domain | founded_year | HQ Location |
Search and application of satellite technology
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| domain | founded_year | HQ Location |
Provider of satellite services
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| domain | founded_year | HQ Location |
Provides advisory and investment services in space and satellite industries.
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| domain | founded_year | HQ Location |
AI-based software solutions for space services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mda Space
Frequently Asked Questions about MDA Space
When was MDA Space founded?
MDA Space was founded in 1969 and raised its 1st funding round 49 years after it was founded.
Where is MDA Space located?
MDA Space is headquartered in Brampton, Canada. It is registered at Brampton, Ontario, Canada.
How many employees does MDA Space have?
As of Dec 31, 2024, the latest employee count at MDA Space is 3,400.
What is the annual revenue of MDA Space?
Annual revenue of MDA Space is $750.63M as on Dec 31, 2024.
What does MDA Space do?
MDA Space is established as a key partner in the global space industry, with over 55 years of experience and more than 450 missions completed. The company is engaged in communications satellites, Earth and space observation, and space exploration and infrastructure. Innovative solutions are provided to support ambitious missions, enabling customers to achieve their visions for the future. The expertise of MDA Space is utilized across various sectors, contributing to advancements in space technology and inspiring change through boundary-pushing solutions.
Who are the top competitors of MDA Space?
MDA Space's top competitors include Astroscale, Ubotica and PIESAT.
What products or services does MDA Space offer?
MDA Space offers Space Mission Solutions, Communications Satellites, and Earth and Space Observation.
Is MDA Space publicly traded?
Yes, MDA Space is publicly traded on TSX under the ticker symbol MDA.
How many acquisitions has MDA Space made?
MDA Space has made 1 acquisition, including SatixFy.
Who are MDA Space's investors?
MDA Space has 2 investors. Key investors include SatixFy, and European Union.
What is MDA Space's ticker symbol?
The ticker symbol of MDA Space is MDA on TSX.
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