Key Highlights

● MDA Space closed at $29.64 on Tuesday, September 29, down 4.54% from the prior close of $31.05.

● Kongsberg announced a memorandum of understanding with MDA Space on September 22 covering joint Canadian space and defence projects.

● Trailing twelve-month Revenue was $1.32 billion, up 38.3%, and the 52-week range runs from $15.00 to $49.37.

● The company builds satellite communications systems, robotics and the MDA AURORA platform, and reports Earnings next on November 13.

MDA Space Ltd. (NYSE:MDA) slid 4.54% on Tuesday, September 29, 2026, to $29.64 from $31.05. The space technology company fell on a quiet day for the broader market, with the S&P 500 slipping 0.17% to 7,670.84. The shares also trade on the Toronto Stock Exchange.

A Space Technology Company

MDA Space builds satellite communications systems and space robotics, an area in which the company is known for its Canadarm heritage, and its portfolio includes the MDA AURORA platform. Revenue over the Trailing Twelve Months was $1.32 billion, a 38.3% increase.

The Kongsberg Agreement

On September 22, Kongsberg announced a memorandum of understanding with MDA Space to pursue joint space and defence projects in Canada, as part of a broader set of agreements that also included a letter of intent with Telesat's low-earth-orbit unit.

Where the Shares Trade

MDA Space has traded between $15.00 and $49.37 over the past 52 weeks. Tuesday's close is about 40% off the high and nearly double the low. The next Quarterly Report is scheduled for November 13.

A Space Contractor on the Move

Tuesday's decline of 4.54% came a session after the shares closed at $31.05. The broader indexes finished the session close to unchanged, with the Dow Jones Industrial Average down 0.26% to 51,349.92.