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MDA Space (#MDA) Expands Telesat Lightspeed Satellite Contract | THINKSABIO
Aug 4, 2026 · ThinkSabio Inc
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MDA Space (TSX: MDA) has secured a $474 million contract expansion from Telesat (#TSAT) to supply 27 additional Lightspeed low Earth orbit (LEO) satellites and provide military Ka-band upgrades. The majority of the contract value is expected to be added to MDA's Q3 2026 backlog.
Sector: Space Technology / Satellite Communications
Key Highlights
🛰️ Secured a $474 million contract expansion from Telesat
📡 Will supply 27 additional Lightspeed LEO satellites
🛡️ Includes military Ka-band communication upgrades
📈 Most of the contract value expected in Q3 2026 backlog
🚀 Strengthens MDA's role in next-generation satellite infrastructure
Why It Matters
The expanded contract reinforces MDA's position as a leading satellite manufacturer while increasing revenue visibility through a stronger order backlog.
Read More:
https://www.thinksabio.com/reports/isr/MDA
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