TSX:MDAAerospace & Defense
Why MDA Space (TSX:MDA) Is Up 10.4% After Opening Its New Montréal Satellite Factory
In early May 2026, MDA Space Ltd. opened a 185,000-square-foot high-volume satellite manufacturing facility in Montréal, doubled its production footprint, reported CAD$464.1 million in first-quarter sales, reaffirmed its 2026 revenue guidance of CAD$1.7–1.9 billion, and secured early contracts plus broad interest for its upcoming MDA CHORUS Earth observation constellation.
This combination of expanded manufacturing capacity, growing Earth observation demand, and reaffirmed full-year guidance...