MDA Space

We're going to start with an email from Ellen.

I'd like to hear the guest's thoughts on MDA Space.

Is it a buy, sell, or hold at this point? Marissa, I've watched MDA Space for a while.

I feel like it gets stuck at that $45 mark.

It gains on announcements and sharing of backlog numbers and expansion, and then it always kind of fizzles back down to around that mark.

It's a solid integration we're looking at, how things are changing with Meta and Muse and, of course, Shopify.

OK, last one is MDA space we're looking at.

And let's take a look at how it has fared.

Well, it was recommended at $32, almost $33.

It is at about $44 at the moment.

And total return is at 35%.

John, MDA space.

Yeah,

And then it's going to use medium Earth orbits to address requirements for X and UHF band.

And those satellites are being worked on and developed by our partner in all of this, MDA Space, based out of Montreal.

So what this is going to do is going to bring basically connectivity of bands that the CAF and D&D already use, ex-UHF and military KA band, and it's going to provide the ability to connect all of their assets with legacy capabilities all the way up to the North Pole, which of course is critically important for Canada at this point.

We're seeing increased activity in the North and maintaining awareness of what's going on in our northern regions is critically important for sovereignty perspective, not just for the Canadian Armed Forces, but for Canada writ large.

Yeah, it's going to be an exciting period for us over the next little while.

Obviously, we've made the changes to the satellites that we're going to do in order to meet those high level requirements for the CAF and DND.

So MDA Space and their facility in Montreal are going to be building those out for us at a fairly rapid rate.

And the plan is to start launch of the constellation in mid-2027.

It's using low Earth orbit satellites, which is what Telesat is doing with our LightSpeed constellation on the Mil Ka frequency band, and then it's going to use medium Earth orbits to address requirements for X and UHF band.

And those, um, satellites are being worked on and developed by our partner in all of this, MDA Space, based out of Montreal.

So what this is gonna do is going to bring basically connectivity on bands that the, um, the CAF and DND already use, X, UHF, and Military Ka band, and is going to provide the ability to connect all of their assets with legacy capabilities all the way up to the North Pole, which of course is critically important for Canada at this point.

We're seeing increased activity in the North, and, uh, maintaining awareness of what's going on in our northern regions is, is critically important for a sovereignty perspective, not just for the Canadian Armed Forces, but for Canada writ large.

Yeah, it's, uh, going to be an exciting period for us, uh, over the next little while.

Obviously, we've, um, made the, the changes to the satellites that we're going to do in order to i- meet those high-level requirements for the CAF and DND.

So MDA Space and their facility in Montreal are going to be building those out for us at a, uh, fairly rapid rate, and the plan is to start launch of the constellation in mid twenty twenty-seven.

Uh, we have a, a launch cadence, uh, set up so that we'll have, uh, a rocket full of satellites about every three to four weeks going up and, and putting the, uh, satellites into their assigned orbits and, uh, looking to have beginning global service sometime in early twenty twenty-eight, all things going, um, smoothly.

Hello.

Um, my, my question today is on MDA.

It's down from its $67 high, according to my chart, and I'm looking to take a third position.

So Keith, what is your analysis for entry points on this one?

We could probably look at the-

I could look at it

... one-year chart, um, MDA space

... 'cause it looks like it's hooking up.

And as you know, looking at the beams and how they're being used and what the technologies are and it's just it's great stuff.

But this week, we also got just like a hint of yet another player that has entered into this space was entered into this sector, which is a company called MDA Space.

Companies in the satellite industry probably are familiar with this company, Canadian based, builds a lot of interesting satellites, is a supplier of satellites and other satellite related technology to a lot of different companies.

And they've got an interesting plan to start launching their own constellation of low Earth orbit satellites.