MDA Space Ltd. Common Shares (MDA)

MDA Space (NYSE:MDA) shares are moving lower in Wednesday's after-hours session after the company announced an offering of common stock.

The short form base shelf prospectus is accessible, and the final prospectus supplement will be accessible within two business days, through SEDAR+

TORONTO, July 08, 2026 (GLOBE NEWSWIRE) -- MDA Space Ltd. (TSX:MDA) (NYSE:MDA) (“MDA Space” or the “Company”), a trusted mission partner to the rapidly expanding global space industry, today announced that it has entered into a firm and irrevocable offer to acquire a majority interest in CLS (the “Transaction”), a global leading provider of AI-driven Earth observation value-added services and satellite IoT solutions. With more than 14,000 customers in approximately 150 countries, CLS is expected to generate approximately €286 million (C$465 million) in revenue in 2026.

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