MDA Space Ltd. (Uplisting)

General Information
Business:

Note: This is NOT an IPO. This is a public offering – an uplisting to the NYSE – conducted simultaneously with a public offering in Canada. MDA Space Acquisition Ltd.’s stock already trades on the Toronto Stock Exchange.

(Incorporated in Ontario, Canada)

We are a Canadian provider of satellite systems, space robotics and geospatial intelligence.

MDA Space is a trusted mission partner for the world’s most advanced space programs, delivering a suite of dual-use technology and services to civil, commercial, defense and national security customers. Our deep engineering expertise, broad portfolio of space-system capabilities, and end-to-end mission experience make us the partner of choice for government and private-sector clients. We leverage these capabilities to enable next-generation, space-based communications that empower our hyper-connected world; to build and operate critical space infrastructure for exploration, scientific research and on-orbit servicing; and to develop, operate and deliver data and analytic services from both Earth and space observation satellites and ground infrastructure. In an era where industries, technologies, people, and places are impacted every day by space technology, our mission is to build the space between proven and possible and to provide the space economy with our trusted, flight-tested, and human-rated solutions.

Note: Net income and revenue are in U.S. dollars for the year that ended Dec. 31, 2025.

(Note: MDA Space, Ltd. is offering up to $300 million of stock in a public offering – in connection with its uplisting to the NYSE. At the same time, the company is conducting a public offering in Canada, where its stock trades on the Toronto Stock Exchange. Its SEC filing calls the U.S. offering “an initial public offering.” However, IPOScoop classifies this offering as a public offering – an uplisting to the NYSE – because the company’s stock already trades on the TSE in Canada – and it will continue to do so after the U.S. offering. The entire deal is a dual offering. In the SEC filing, the number of shares and the price range or the assumed offering price were not disclosed.) 

 

 

Industry: SPACE & DEFENSE
Employees: 3800
Founded: 1969
Contact Information
Address 7500 Financial Drive, Brampton, Ontario L6Y 6K7, Canada
Phone Number (905) 790-2800
Web Address https://mda.space/
View Prospectus: MDA Space Ltd. (Uplisting)
Financial Information
Market Cap
Revenues $1633.0 mil (last 12 months)
Net Income $189.9 mil (last 12 months)
IPO Profile
Symbol MDA
Exchange NYSE
Shares (millions): 0.0
Price range $0.00 - $0.00
Est. $ Volume $300.0 mil
Manager / Joint Managers J.P.Morgan/RBC Capital Markets/BMO Capital Markets/Deutsche Bank Securities/Jefferies/Scotia Capital/Canaccord Genuity
CO-Managers
Expected To Trade: 3/12/2026
Day: Thursday
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change