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TORONTO, July 16, 2026 /PRNewswire/ -- MDA Space Ltd. (TSX:MDA) (NYSE:MDA), a trusted mission partner to the rapidly expanding global space industry, will release its second quarter 2026 financial results before market open on Friday, August 7, 2026 and the management team will host a conference call and webcast to discuss these results at 8:30am ET.

TORONTO, July 14, 2026 /PRNewswire/ -- MDA Space Ltd. ("MDA Space" or the "Company") (TSX: MDA) (NYSE: MDA), a trusted mission partner to the rapidly expanding global space industry, today announced the closing of its previously announced upsized bought deal offering (the "Offering") of common shares of MDA Space (the "Common Shares") in Canada and the United States.

MDA Space TSE: MDA said it has entered into a firm offer to acquire a 70% stake in Collecte Localisation Satellites, known as CLS, in a cash transaction that the company said would expand its Earth observation business into AI-driven data analytics and geo-intelligence services.

MDA Space is upgraded to buy after a 30% share price decline and strategic acquisitions. The CLS acquisition, at a favorable 3.5x EV/Sales, boosts geointelligence revenues and vertical integration. Pro forma 2026 revenues rise to CAD 2.5B, with sales CAGR of 22.3% and margin profile largely unchanged.

MDA Space (MDA), a Canadian space company, plans to acquire a 70% stake in Collecte Localisation Satellites SAS, a French provider of space-based technologies a