MDA Space's Operates in Scarce Space Sector -- Market Talk

Dow Jones
2024-11-18

0923 ET - MDA Space operates in an industry with few players, which should be attractive to investors who want more space-related exposure. In an RBC report, analyst Ken Herbert says the space-technology company can use its position for small acquisitions that could support its current plans of ramping up production to two satellites a day. This would only be positive for MDA Space, which has room to grow. Herbert also says the "scarcity of investable space companies will be a positive for sentiment." (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

November 18, 2024 09:23 ET (14:23 GMT)

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