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Tag Archives: MDA

MDA raise another $60 million in over-allotment option

MDA 2017 satellite servicing concept

A week after going public and getting listed on the Toronto Stock Exchange, MDA announced today it had raised an additional $60 million in their over-allotment option. This page is for subscribers only. Already a subscriber? Log in. Fact-driven space news, columns, business, policy, technology and more. Support independent journalism. SUBSCRIBE TODAY

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Turbulent stock market impacts MDA IPO

The new MDA brand and vision

While the TSX Composite index is up 6.98% the first three months this year, the month of March was quite turbulent with the index up just under 1%. The unsettled market has had an impact on the uptake of MDA's initial public offering which is scheduled to be listed next week. This page is for subscribers only. Already a subscriber? Log in. Fact-driven space news, …

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Canadian Spaceport Report – Northern Private Capital expressed an interest in Nova Scotia spaceport

Canadian Spaceport Report - From left to right: Joseph Hasay, United Paradyne; Andrew Lapham, Northern Private Capital; and Steve Matier, Maritime Launch Services (MLS)

This is the first edition of the Canadian Spaceport Report, the renamed report for our previous series we called the Canadian Spaceport Launch Vehicle Power Rankings. Among the updates in this report is news concerning Maritime Launch Services (MLS) and we've also learned that Northern Private Capital visited Yuzhnoye Design Office with MLS. This page is for subscribers only. Already a subscriber? Log in. Fact-driven …

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As MDA aims to raise $500M in an IPO is it under or overvalued (updated)

The new MDA brand and vision

MDA Ltd. has released its preliminary prospectus for its initial public offering (IPO) and is looking to raise $500 million with an offering price per share between $16 and $20. If the interest in the IPO is strong, then the company could be valued at $2 billion as it goes public. That valuation would suggest a nice return on investment for Northern Private Capital (NPC) …

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MDA advocates for a long-term space plan in House Committee hearing

MDA CEO Mike Greenley outlines his three things Canada needs to do including a long-term space plan.

If you thought the space community was satisfied with the Space Strategy the Liberal government unveiled two years ago, think again. With MDA leading the charge from the industry perspective, CEO Mike Greenley called for a long-term space plan among the short list priorities government should be thinking about. This page is for subscribers only. Already a subscriber? Log in. Fact-driven space news, columns, business, …

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MDA garners government Dark Vessel Detection contract adding to a very busy month of news

The new MDA brand and vision

If the start of 2021 is any indication of how the new Canadian owned MDA is going to fare, then when the company does go public, possibly this summer according to the Globe and Mail, then the pitch to institutional investors might go pretty smoothly. This page is for subscribers only. Already a subscriber? Log in. Fact-driven space news, columns, business, policy, technology and more. …

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