MDA Space shares up
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.
YAHOO!Finance · 2d
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,
MarketWatch · 1d
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.
MarketWatch · 1d
Toronto Stocks Advance; MDA Space Shares Take Off on Globalstar Pact
MDA Space shares rose over 12%, to 24.60 Canadian dollars (US$17.21), the morning after the company signed a contract to become Globalstar's prime contractor for its satellite constellation for an added C$750 million.
Louisiana-based Globalstar, which is already supplying Apple with emergency satellite signals on its most recent phones, is ...
As the satellite internet market heats up, Canada-based MDA Space confirms a $1.1 billion contract with Globalstar, which got ...
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