27 C
New York
July 1, 2025
Business Earnings MDA news

MDA Space Raises Revenue Guidance

Lunar Gateway Close-up - Canadarm3

MDA Space reported record backlog of $4.6 billion, Q2 revenues up 23% to $242 million, EBITDA up 21%, and raised full-year revenue guidance. CEO Mike Greenley highlighted various contracts, including Canadarm3 and Globalstar. The company remains cash-flow positive amid strong market demand.

The post MDA Space Raises Revenue Guidance appeared first on SpaceQ.

Related posts

Senator Ted Cruz looks to add $10B in NASA funding including for the Lunar Gateway

TheWorldsNews

Globalstar Secures Prepayment from Apple

TheWorldsNews

Data from Canada’s First Satellite Alouette-1 Restored and Released

TheWorldsNews

Pin It on Pinterest

Share This