MDA Space, a Canada-based provider of satellite systems, space robotics, and geospatial intelligence solutions, submitted an initial public offering application to the U.S. Securities and Exchange Commission on Tuesday. The company aims to raise up to $300 million through the offering. MDA Space is currently listed on the Toronto Stock Exchange.

The company develops and delivers technology and services for space missions, which include satellite systems, robotics, and geospatial intelligence solutions. Its operations are divided into three main segments: satellite systems, responsible for designing and manufacturing communication satellites and related subsystems; robotics and space operations, which develops robotic systems and operational technologies for space exploration and in-orbit services; and geospatial intelligence, providing Earth observation data, satellite ground infrastructure, and analytics services.

MDA Space collaborates with government space agencies, defense organizations, and commercial aerospace companies to support satellite communications, scientific missions, and Earth observation applications. Founded in 1969, the company plans to list on the New York Stock Exchange under the ticker symbol MDA.

J.P. Morgan, RBC Capital Markets, BMO Capital Markets, Deutsche Bank, Jefferies, Scotia Capital, and Canaccord Genuity are serving as joint bookrunners for the offering. Although pricing terms have not yet been disclosed, the company has begun its marketing efforts and expects to price the IPO during the week of March 9, 2026.