00:46:16 EST Wed 11 Nov 2026
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MDA Space Ltd
Symbol MDA
Shares Issued 162,174,747
Close 2026-11-10 C$ 43.92
Market Cap C$ 7,122,714,888
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MDA, Globalstar conduct first on-orbit functional tests

2026-11-10 19:17 ET - News Release

Mr. Mike Greenley reports

MDA SPACE AND GLOBALSTAR COMPLETE INITIAL ON-ORBIT FUNCTIONAL TESTS FOR GLOBALSTAR 2-R MISSION

MDA Space Ltd. confirms that all eight of the replenishment satellites launched in August, among the 17 satellites destined for Globalstar Inc.'s existing low-Earth-orbit constellation, have successfully completed initial functional tests. Electric orbit raising has also begun for the first two satellites, and as the orbital planes move into alignment for the remaining six satellites, Globalstar and MDA Space conduct in-orbit testing of the payload and bus functionality.

"From the assembly, integration and testing of Globalstar 2-R satellites to the launch campaign and postlaunch activities, we have accomplished multiple mission firsts with fine-tuned skill and agility," said Mike Greenley, chief executive officer of MDA Space. "As prime contractor for this critical commercial communications constellation, our full focus remains on continued execution and the delivery to our customer."

Orbit raising for all satellites of the first set will continue with the support of Rocket Lab Corp., which designed, built and commissioned the satellite platforms, to reach the last testing altitude before they are maneuvered to their final orbit. The final stages of integration were recently completed at MDA Space in Montreal, Que., for the remaining batch of nine satellites on order. Both sets, totalling 17 satellites, will replenish Globalstar's HIBLEO constellation, which supports direct-to-device satellite-enabled services on select mobile phones and IoT (Internet of things) applications.

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-year-plus 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 the company's 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 will take you there.

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