MDA Space

Brampton, Canada Founded: 1969 • Age: 57 yrs Acquired By SatixFy
Space research and satellite services are provided globally.
Annual revenue $750.6M Latest available
Total funding - 5 rounds
Employees 3400 Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

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 2 acquisitions, including Blue Canyon Tech and 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
  • Sectors
    Aerospace, Defense & Maritime
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Mda Space Ltd
Operational Areas
Aerospace, Defense & Maritime → Space Technology & Exploration Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $750.61 M (USD)
    33.74
    as on Dec 31, 2024
  • Net Profit
    $55.18 M (USD)
    62.7
    as on Dec 31, 2024
  • EBITDA
    $108.07 M (USD)
    26.12
    as on Dec 31, 2024
  • Latest Funding Round
    $3.67 M (USD), Post-IPO

    Apr 19, 2021

  • Investors
    SatixFy

    & 1 more

  • Employee Count
    3400

    as on Dec 31, 2024

  • Investments & Acquisitions
  • 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.

Exchange: TSX · Ticker: MDA · Sector: Electronic technology · Canada

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.

Product name locked
Category locked
Primary

Solutions for space missions are provided by MDA Space.

Product name locked
Category locked
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Communications satellites are developed for global connectivity needs.

Product name locked
Category locked
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Observation services for Earth and space are offered.

People of MDA Space

Headcount 1000-5000
Employee Profiles 70
Employee Profiles
People
John Harris
Senior Program Manager
People
Debal Saha
Software Developer
People
Amy MacLeod
Vice President Corporate Communications
People
Philip Steiner
Software Engineer

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Funding Insights of MDA Space

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.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
Provider of satellite communication SOCs and products
Locked Locked Locked
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Investor details for MDA Space

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by MDA Space

MDA Space has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Blue Canyon Tech and SatixFy.

Investments
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Investment portfolio details for MDA Space

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of satellite communication SOCs and products
Locked Locked 2012 Locked
Satellites and spacecraft are developed by Blue Canyon Technologies.
Locked Locked 2008 Locked
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Complete acquisition details for MDA Space

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - MDA Space

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Detailed financials for MDA Space

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Mda Space Comparisons

MDA Space Primary company
Description
Space research and satellite services are provided globally.
Location
Brampton, Canada
Founded Year
1969
Annual Revenue
$750.61 M (USD)
Net Profit
$55.18 M (USD)
EBITDA
$108.07 M (USD)
Employees
3,400
As of 2024
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Peer comparison for MDA Space

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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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
Locked Locked Locked
Satellite solutions for space debris removal are developed.
Locked Locked Locked
AI-powered visual IoT platform for real-time edge processing is provided.
Locked Locked Locked
Search and application of satellite technology
Locked Locked Locked
Provider of satellite services
Locked Locked Locked
Provides advisory and investment services in space and satellite industries.
Locked Locked Locked
AI-based software solutions for space services are provided.
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Detailed competitors of MDA Space

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  • Domains and locations
  • Full company profiles
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Latest news on Mda Space

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Complete news archive for MDA Space

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  • Source and publication date
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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 2 acquisitions, including Blue Canyon Tech, and SatixFy.

MDA Space has 2 investors. Key investors include SatixFy, and European Union.

The ticker symbol of MDA Space is MDA on TSX.

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