23:25:43 EDT Tue 05 May 2026
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MDA Space Ltd
Symbol MDA
Shares Issued 138,659,395
Close 2026-05-05 C$ 41.62
Market Cap C$ 5,771,004,020
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MDA Space signs nine contracts for MDA Chorus data

2026-05-05 21:00 ET - News Release

Mr. Mike Greenley reports

MDA SPACE SECURES 41 EARLY CUSTOMER CONTRACTS AND LETTERS OF INTEREST FOR MDA CHORUS DATA

At the GEOINT Symposium, MDA Space Ltd. has finalized nine early customer contracts for data of MDA Chorus, its next-generation Earth observation constellation expected to launch in late 2026. In addition, the company has received 32 letters of interest from customers across Asia Pacific, Latin America, Europe, North America and the Middle East.

The contracts and letters of interest reflect strong commercial traction and customer demand for the company's highly trusted Earth observation data and insights that support multiple mission-critical applications, including maritime domain awareness, defence and security, mining, oil and gas, energy utilization, and forestry management, among others.

"The number of early commitments to MDA Chorus is a reflection of the trust customers have in MDA Space Earth observation products and the unique capabilities our next-generation constellation will bring to market," said Mike Greenley, chief executive officer of MDA Space. "Demand for Earth observation data and imagery is driving increased engagement with customers globally who are looking for dependable and near real-time access to detect activity, protect critical environments and support national security priorities. MDA Chorus is ideally positioned to meet that demand."

Building on decades of radar imaging expertise at MDA Space, MDA Chorus will provide enhanced multisensor imaging performance and operational insight. Designed to deliver EO data day or night and in all-weather conditions, MDA Chorus will support more frequent imaging opportunities, faster delivery of insights, and advanced applications such as near real-time exploitation and insights. Once operational, the collaborative multisensor satellite constellation will provide one of the most extensive radar imaging capacity available on the market in one system, ranging from broad area coverage with a 700-kilometre-wide swath to submetre very high-resolution spotlight images.

As MDA Space prepares for the launch of MDA Chorus, the company continues to engage customers across civil, defence and commercial markets, reinforcing its role as a leading global provider of commercial Earth observation data and mission-ready geospatial products.

Visit its booth No. 1413 at GEOINT to learn more.

About MDA Space Ltd.

Building the space between proven and possible, MDA Space is a trusted mission partner to the global defence and space industry. A robotics, satellite systems and geointelligence pioneer with a 55-plus-year story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The global MDA Space team of more than 4,000 space experts has the knowledge and know-how to turn an audacious customer vision into an achievable mission -- bringing to bear a one-of-a-kind mix of experience, engineering excellence and wide-eyed wonder that has been in its DNA since day one. For those who dream big and push boundaries on the ground and in the stars to change the world for the better, MDA Space take you there.

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