MDA Space wins $474 million Telesat Lightspeed satellite order expansion

Reuters2026/08/04 11:32

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MDA Space received a follow-on order from Telesat LEO that lifts its contract value by USD 474 million.
Order covers 27 additional AURORA broadband satellites for Telesat Lightspeed, raising MDA’s build total to 225 satellites.
Contract update also adds 500 MHz of military Ka-band capacity to satellites already in production, replacing the same amount of commercial Ka-band.
Most of the USD 474 million increase is expected to be added to backlog in Q3 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MDA Space Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608040730PR_NEWS_USPR_____TO18463) on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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MDA Space wins $474 million Telesat Lightspeed satellite order expansion

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