MDA Space Sees Years of Growth as Space Economy Lifts Off -- Market Talk

Dow Jones

05/08

1349 ET - MDA Space's C$40 billion pipeline of opportunity is riding off a surging space sector economy. CEO Mike Greenley says in an earnings call that the space economy is estimated to have grown to US$626 billion last year, and is forecasted to surpass one point $8 trillion U.S. by 2035. Behind the growth is lower launch costs, power satellite technologies and demand for more space-based connectivity. He adds that the company's C$3.69-billion backlog provides visibility in 2026, and "our C$40 billion pipeline provides confidence that we can maintain profitable revenue growth for years to come," Greenley says. Shares rise 3.8% to C$45.69. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

May 07, 2026 13:49 ET (17:49 GMT)

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CEO Mike Greenley says in an earnings call that the space economy is estimated to have grown to US$626 billion last year, and is forecasted to surpass one point $8 trillion U.S. by 2035. Behind the growth is lower launch costs, power satellite technologies and demand for more space-based connectivity. He adds that the company's C$3.69-billion backlog provides visibility in 2026, and \"our C$40 billion pipeline provides confidence that we can maintain profitable revenue growth for years to come,\" Greenley says. Shares rise 3.8% to C$45.69. 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CEO Mike Greenley says in an earnings call that the space economy is estimated to have grown to US$626 billion last year, and is forecasted to surpass one point $8 trillion U.S. by 2035. Behind the growth is lower launch costs, power satellite technologies and demand for more space-based connectivity. He adds that the company's C$3.69-billion backlog provides visibility in 2026, and \"our C$40 billion pipeline provides confidence that we can maintain profitable revenue growth for years to come,\" Greenley says. Shares rise 3.8% to C$45.69. (adriano.marchese@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 07, 2026 13:49 ET (17:49 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MDA","symbol_name":"MDA Space Ltd.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2633127077","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2633127077","pubTimestamp":1778176140,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1349 ET - MDA Space's C$40 billion pipeline of opportunity is riding off a surging space sector economy. CEO Mike Greenley says in an earnings call that the space economy is estimated to have grown to US$626 billion last year, and is forecasted to surpass one point $8 trillion U.S. by 2035. Behind the growth is lower launch costs, power satellite technologies and demand for more space-based connectivity. He adds that the company's C$3.69-billion backlog provides visibility in 2026, and \"our C$40 billion pipeline provides confidence that we can maintain profitable revenue growth for years to come,\" Greenley says. Shares rise 3.8% to C$45.69. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MDA":"MDA Space Ltd.","BK4187":"航天航空与国防"},"translate_title":"随着太空经济的腾飞，MDA Space迎来了多年的增长——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MDA":1.5},"content_text":"1349 ET - MDA Space's C$40 billion pipeline of opportunity is riding off a surging space sector economy. CEO Mike Greenley says in an earnings call that the space economy is estimated to have grown to US$626 billion last year, and is forecasted to surpass one point $8 trillion U.S. by 2035. Behind the growth is lower launch costs, power satellite technologies and demand for more space-based connectivity. He adds that the company's C$3.69-billion backlog provides visibility in 2026, and \"our C$40 billion pipeline provides confidence that we can maintain profitable revenue growth for years to come,\" Greenley says. Shares rise 3.8% to C$45.69. 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