MDA Space Expands Contract With Globalstar

MDA SPACE SIGNS $1.1B CONTRACT WITH GLOBALSTAR TO BUILD NEXT GENERATION LEO CONSTELLATION
MDA Space Ltd. (TSX: MDA), a trusted mission partner to the rapidly expanding global space industry, today announced that it has signed a definitive contract with Globalstar Inc. (NYSE American: GSAT) to be the prime contractor for the satellite operator's next generation low Earth orbit (LEO) constellation,
MDA Space expands contract with Globalstar to C$1.1 billion for next-gen satellites
Canadian MDA Space said on Monday that it has expanded its contract with Globalstar to develop the next generation of low Earth orbit satellites, bringing the total contract value to about C$1.1 billion ($767.
MDA Space adds $750-million to Globalstar-Apple satellite deal
It’s also thanks to Apple’s push into space. Last November, Globalstar announced it had raised US$1.5-billion in financing from the tech giant to fund the construction of a new low Earth orbit satellite constellation. As part of the deal, Apple took a 20-per-stake in a Globalstar-controlled entity that will own the resulting infrastructure.
MDA Space shares up after signing $1.1B deal with Globalstar
Shares of MDA Space Ltd. were up more than 10 per cent after it signed a contract worth $1.1 billion with satellite operator Globalstar Inc. Shares in MDA rose $2.83 to $24.75 in early trading on the Toronto Stock Exchange.
MDA Space Shares Lift on Prime Contractor Role for Globalstar's Satellite Network
MDA Space shares rose Monday morning after the company signed a contract to become Globalstar's prime contractor for its satellite constellation for an added 750 million Canadian dollars ($524.7 million). Shares traded 11% higher at C$24.23.
MDA Space secures $1.1B contract with Globalstar
MDA Space (TSX:MDA:CA) signed a contract with Globalstar (NYSE:GSAT) to be the prime contractor for the satellite operator's next-generation low Earth orbit (LEO) constellation, with a total contract value of ~$1.
MDA signs C$1.1B contract with Globalstar to build next-gen LEO constellation
MDA Space (MDALF) announced that it has signed a definitive contract with Globalstar (GSAT) to be the prime contractor for the satellite
MDA Space Now Prime Contractor for Globalstar's Satellite Network in Expanded C$1.1B Deal
MDA Space signed a contract to become Globalstar's prime contractor for its satellite constellation, with the agreement now worth a total of 1.1 billion Canadian dollars ($769.6 million).
Will Trump’s ‘Iron Dome’ missile defense make Americans safer? It’s complicated
Space-based interceptors and "particle beams" are part of a new multi-billion-dollar Trump order to build a new U.S. missile ...
Interesting Engineering on MSN1d
Trump’s $19.5B Iron Dome plan: Next-gen interceptors, Aegis, THAAD, space tech, lasers
The Iron Dome boosts U.S. missile defense with $19.5 billion for interceptors, Aegis Ashore installations, space sensors, and ...
Nuvotronics Selected by MDA Space as Part of MDA AURORA(TM) Supply Chain
Cubic Corporation announces that its Microelectronics business, Nuvotronics, has been selected by MDA Space Ltd. (TSX:MDA), a ...
Nasdaq1d
MDA Space Inks C$1.1 Bln Contract With Globalstar For Next-Gen Low Earth Orbit Constellation
(RTTNews) - MDA Space Ltd. (MDA.TO), a trusted mission partner to the space industry, announced Monday that it has signed a definitive contract with Globalstar, Inc. (GSAT) to be the prime ...
InsideDefense14h
Former MDA chief envisions Uber-like space-based interceptor fleet
The former head of the Missile Defense Agency who two decades ago oversaw the launch of the current system that provides limited national missile defense against North Korean and Iranian threats says ...
Citi maintains MDA Space neutral with $30 price target
Citi reiterated a Neutral rating on MDA Space Ltd (MDA:CN) (OTC: MDALF) shares, maintaining a price target of Cdn$30.00. The confirmation follows MDA's announcement of securing an approximately $1.1 ...