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
$750.61 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
$108.07 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.
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.
People of MDA Space
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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 |
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.
| 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 |
Investments & Acquisitions by MDA Space
MDA Space has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SatixFy.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of satellite communication SOCs and products
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2012 |
Financial Statements - MDA Space
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.
| 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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Frequently Asked Questions about MDA Space
MDA Space was founded in 1969 and raised its 1st funding round 49 years after it was founded.
MDA Space is headquartered in Brampton, Canada. It is registered at Brampton, Ontario, Canada.
As of Dec 31, 2024, the latest employee count at MDA Space is 3,400.
Annual revenue of MDA Space is $750.61M as on Dec 31, 2024.
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.
MDA Space's top competitors include Astroscale, Ubotica and PIESAT.
MDA Space offers Space Mission Solutions, Communications Satellites, and Earth and Space Observation.
Yes, MDA Space is publicly traded on TSX under the ticker symbol MDA.
MDA Space has made 1 acquisition, including SatixFy.
MDA Space has 2 investors. Key investors include SatixFy, and European Union.
The ticker symbol of MDA Space is MDA on TSX.