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MDA Adds Another $60 Million in Additional Gross Proceeds to its IPO Financing Haul with Over-Allotment Option ($460 Million Now Raised)

Richmond, BC, April 14, 2021--MDA Ltd., a leading provider of advanced technology and services to the burgeoning global space industry, announced that, further to its recently completed IPO of common shares of the Company on the TSX, the over-allotment option granted to the Underwriters was exercised in full, generating additional gross proceeds to the company of approximately $60 million.

Space Tech Company MDA Closes $400 Million Initial Public Offering (IPO), Lists on Toronto Stock Exchange

Richmond, BC, April 8, 2021--MDA Ltd., a leading provider of advanced technology and services to the burgeoning global space industry, announced the successful closing of its initial public offering of common shares of the Company. MDA issued 28,571,500 Common Shares at a price of $14.00 per Common Share for gross proceeds to the Company of approximately $400 million.

Richmond, BC-Founded Space Tech Firm MDA Announces Pricing of its $400 Million Canadian Initial Public Offering (IPO)

Richmond, BC, April 5, 2021--MDA LTD. Closes $400 Million INITIAL PUBLIC OFFERINGannounced that it has filed, and obtained a receipt for, a final long form prospectus with the securities regulatory authorities in each of the provinces and territories in Canada for a proposed initial public offering of common shares of MDA.

MDA Awarded Contract to Use Satellite Based Data Fusion and Analytics to Counter Illegal Fishing

Richmond, BC, April 1, 2021--MDA announced that it has beenawarded a three-year contract with the Government of Canada Department of Fisheries and Oceans and Defence Research and Development Canada to use satellite technology to detect vessels engaging in illegal, unreported and unregulated (IUU) fishing. The contract will run for a period of three years.

Richmond-founded Space Industry Tech Company MDA Files for $500 Million IPO (Initial Public Offering)

Richmond, BC, March 26, 2021--MDA Ltd., a leading technology and service provider to the burgeoning global space industry founded in Richmond, BC, announced that it has filed a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories in Canada for a proposed initial public offering of common shares of MDA.

MDA Selected for Major Role on Telesat Lightspeed

Richmond, BC, February 22, 2021--MDA announced that it has been selected to provide one of the critical technology subsystems on Telesat Lightspeed, the Low Earth Orbit (LEO) satellite broadband network recently unveiled by Telesat, one of the world's largest satellite operators.

SpaceTech Pioneer MDA Announces Appointment of Vito Culmone as Chief Financial Officer in Advance of Possible IPO

Richmond, BC, February 24, 2021--MDA announced the appointment of Vito Culmone as the company's new Chief Financial Officer (CFO). Mr. Culmone will play an integral role on the executive team with his deep expertise in finance leadership and strategic planning. He will assume his new position at MDA in early March. The Globe and Mail reported in an indepth feature that MDA's investors have said they expect MDA to one day be a public company again, and unnamed sources have indicated this could come in first half of 2021.

Vancouver-founded SpaceTech Company MDA Announces new initiative to build a Commercial Earth Observation Satellite Mission

Richmond, BC, February 23, 2021--MDA announced that the company has embarked on a major new initiative to build a commercial Earth observation satellite mission which will serve to extend MDA's market-leading geospatial data, products and analytics services business well into the future.

MDA Announces Contract for Canadarm3, a Third Generation Artificial Intelligence (AI)-based Robotic System Destined for "Gateway"

Richmond, BC, January 7, 2021--MDA announced that it has been awarded a contract from the Canadian Space Agency (CSA) to develop Canadarm3, the third generation Artificial Intelligence (AI)-based robotic system destined for "Gateway", a lunar-orbiting international space station.

MDA Appoints Geointelligence Business Leader Dr. Minda Suchan to its Leadership Team as Vice President, Geointelligence

Richmond, BC, December 2, 2020--MDA announced that it has appointed Dr. Minda Suchan to the leadership team as Vice President, Geointelligence, effective immediately.