MDA Space Ltd TSE: MDA stock News
On September 8, 2026, MDA Space Ltd. (TSX: MDA) management presented at the Jefferies Global Industrials Conference in New York, providing a strategic update on the company's transition into a high--volume satellite manufacturer. The presentation highlighted the company's record C$4.0 billion backlog and the operational ramp--up of its new Montreal production facility, which is currently supporting major programs such as the $1.8 billion EchoStar direct--to--device contract. Management reaffirmed that the company is on track to meet its narrowed 2026 revenue guidance of C$1.8 billion to C$1.9 billion, driven by strong demand in the satellite systems and space robotics segments. Additionally, the company confirmed that its proprietary CHORUS™ Earth observation constellation is entering the final integration phase ahead of its scheduled launch in December 2026.