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MDA Space: Canada’s Top Growing Company – 126% Revenue Growth

by Lucas Fernandez – World Editor

MDA space Recognized Among Canada‘s Fastest-Growing Companies

Toronto, ​ON ⁤- MDA Space, a ⁤leading provider of space technology and services, has been named⁣ one of Canada’s ⁢Top Growing Companies for the second consecutive year by The Globe and Mail. The company ranked #142 on the 2024 list, with a three-year revenue growth rate of 31%.

This recognition underscores MDA Space’s success⁢ in delivering innovative solutions for a rapidly expanding space economy. The company’s growth is fueled by increasing demand for its satellite systems,‌ robotics, and data services, supporting critical ​missions in Earth observation,⁣ space exploration, and communications. MDA Space’s‌ technology plays a ‍vital role in addressing global challenges like climate change monitoring, disaster response, and secure communications infrastructure.

The Globe and Mail’s ranking ⁣program celebrates entrepreneurial achievement. Companies must be for-profit, Canadian-owned, and generate at least ⁤$50 million in revenue to qualify. MDA Space’s consistent placement on this list ⁤demonstrates its commitment to innovation and its ability to capitalize on opportunities within the evolving space sector.

For media inquiries,contact Amy MacLeod,Vice President,Corporate Communications,at 613-796-6937 or amy.macleod@mda.space. Investor relations inquiries should be directed to Shereen Zahawi, Senior Director, Investor Relations, at 647-401-3230 or shereen.zahawi@mda.space.

Follow MDA Space on LinkedIn (linkedin.com/company/mdaspace), X (twitter.com/MDA_space), ⁤Facebook (facebook.com/MDAspace),YouTube (youtube.com/c/mdaspace),⁢ and‌ Instagram (instagram.com/MDA_space).

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