Revenue distribution by sectors:

• Space communication: 40%
• Earth observation: 35%
• Robotics and automation: 25%

TOP 3 markets and their percentage shares:

• North America: 50%
• Europe: 30%
• Asia-Pacific: 20%

MDA Space Ltd. generates the majority of its revenue from space communication, followed by earth observation services and robotics solutions. The North American market is the largest, driven by strong presence and demand in the USA and Canada. Europe and the Asia-Pacific region are also significant markets growing through strategic partnerships and increasing demand for space technologies.

Production sites of MDA Space Ltd.:

1. Canada
2. United States
3. United Kingdom

MDA Space Ltd. is a leading company in the aerospace and satellite technology industry. The main production facilities are located in Canada, particularly in the provinces of British Columbia, Ontario, and Quebec. In addition, the company also has production capacities in the United States and the United Kingdom to strengthen its international presence and better serve the global market. This geographical distribution enables MDA to efficiently respond to the requirements of different markets and benefit from regional expertise.

Revenue Growth: 18% (estimated for 2026) R&D Investments: 12% of revenue (estimated for 2026)

MDA Space Ltd. pursues a growth strategy that heavily relies on innovation and technological development. The company invests significantly in research and development to strengthen its position in the field of space technologies. These investments are intended to foster the development of new products and services targeting the increasing demand for satellite communication and Earth observation.

Another focus of the growth strategy is the expansion into international markets. MDA Space Ltd. plans to enhance its presence in Asia and Europe to benefit from the growing demand for space solutions in these regions. Partnerships and strategic alliances with local companies and governments are essential components of the expansion strategy.

Additionally, the company is focusing on diversifying its product portfolio to tap into new revenue streams and hedge against market fluctuations. This includes both expanding existing services and developing new technologies in the aerospace sector.

Main raw materials: Aluminum, Titanium, Rare Earths

Countries of origin:

• Aluminum: Canada, China
• Titanium: Russia, Japan
• Rare Earths: China, Australia

MDA Space Ltd. imports a variety of raw materials essential for the production of their aerospace technologies. Aluminum and titanium are crucial for the structural components of satellites and spacecraft, while rare earths are needed for electronic components and sensors.

Canada and China are the main suppliers of aluminum, with Canada being preferred due to its proximity and trade relations. Titanium is mainly imported from Russia and Japan, as these countries have significant deposits and processing facilities.

MDA Space Ltd. primarily sources rare earths from China, the world's largest producer, as well as from Australia, which has increased its production in recent years to reduce dependence on China.

Market Share: 25% in the field of satellite communication (2026, estimated)
Research & Development: 12% of revenue (2025)
Technological Innovations: Leading in radar technology and robotics for space applications

MDA Space Ltd. has established itself as a significant player in the field of satellite communication, with an estimated market share of 25%. This demonstrates their strong position in a competitive market. A key competitive advantage of the company lies in its continuous investment in research and development, which accounted for about 12% of revenue in 2025.

Particularly noteworthy are their technological innovations in radar technology and robotics, which give them an edge over many competitors. These technologies are crucial for the development of advanced satellite solutions and have made MDA Space Ltd. a preferred partner for governments and commercial customers.

Additionally, the company benefits from strategic partnerships and a diversified product range, enabling it to respond flexibly to market changes and seize new business opportunities.

Institutional Investor Share: Estimated at 60% (2026)

Insider Buys/Sells: No significant changes in the last year (2026)

The institutional investor share in MDA Space Ltd. is approximately 60%, indicating strong confidence from large investors in the company. This is typical for companies in the aerospace and technology sector, which often have high capital requirements.

In 2026, there were no significant insider buys or sells, suggesting that the management and other insiders do not currently anticipate major changes in the company's valuation or strategy. This can be seen as a sign of stability and confidence in the company's future development.

Market share of MDA Space Ltd.: 12% (2026, estimated)

Top competitors and their market shares:

1. Lockheed Martin Space - 18%
2. Airbus Defence and Space - 15%
3. Northrop Grumman Innovation Systems - 14%
4. MDA Space Ltd. - 12%
5. Thales Alenia Space - 10%
6. Boeing Defense, Space & Security - 9%
7. SpaceX - 8%
8. Raytheon Technologies - 7%
9. Blue Origin - 4%
10. Sierra Nevada Corporation - 3%

Moat of MDA Space Ltd.:

MDA Space Ltd. has a moderate moat, mainly based on their specialized technologies and long-standing experience in the field of satellite communication and Earth observation. Their ability to offer tailored solutions to government and commercial customers strengthens their market position.

Compared to competitors, Lockheed Martin Space has a stronger moat, especially due to their comprehensive product range and strategic partnerships with governments worldwide. Airbus Defence and Space and Northrop Grumman also benefit from extensive resources and a broad international presence.

MDA Space Ltd. could further enhance their moat by investing in new technologies and forming strategic alliances. However, the competition remains intense, and the ability to quickly adapt to market changes will be crucial for future success.

Revenue Growth: 10% (2025) Backlog: 1.5 billion CAD (2025) Research and Development Investments: 150 million CAD (2025)

MDA Space Ltd. recorded a revenue growth of 10% in 2025, indicating strong demand for their space solutions and satellite technologies. The backlog of 1.5 billion CAD represents a solid future revenue stream and suggests high customer demand.

The company continues to invest heavily in research and development, with 150 million CAD in 2025, indicating a strategic focus on innovation and technological advancement. These investments could help MDA Space Ltd. to compete in a highly competitive market and explore new business opportunities.

Overall, these factors suggest that MDA Space Ltd. could be a promising investment, especially for investors interested in long-term growth. The strong order backlog and ongoing investments in research and development could further strengthen the company in the coming years.

Dividend: No payout (as of 2026)

MDA Space Ltd. currently does not pay a dividend to its shareholders. The company has focused in recent years on investing its resources in growth and expansion, particularly in the areas of space technology and satellite services.

The decision not to pay a dividend can be seen as a strategic move to secure capital for future projects and innovations. Investors in MDA Space Ltd. should therefore focus more on capital gains rather than dividend income.