MDA Space Lands C$100M Deal for EU Satellite Constellation

A C$100 million agreement marks a significant expansion for Canada’s MDA Space into the European market, as the firm secures a contract to supply advanced digital antenna subsystems for the EU’s sovereign satellite initiative. The deal bolsters the first phase of the IRIS program, targeting a 2029 launch schedule.

Today, 15:57· Money Talk· 1,697 reads

MDA Space Lands C$100M Deal for EU Satellite Constellation

The authorization to proceed agreement tasks MDA Space with delivering its proprietary MDA Aurora digital phased array antennas and controllers. These components are designated for 66 low-Earth-orbit satellites, a foundational layer of the European Union’s secure connectivity infrastructure. The work will be executed through a partnership with Thales Alenia Space, the joint venture between France’s Thales Group and Italy’s Leonardo.

All hardware production will take place at the company's Montreal facility. MDA Space plans to integrate this contract into its backlog during the fourth quarter of fiscal 2026, signaling a long-term commitment to the IRIS program's development timeline.

MDA Space Lands C$100M Deal for EU Satellite Constellation

Comments (0)