MDA Space Q1 2026: Satellite manufacturing revenue up 40% as Telesat Lightspeed and Globalstar backlog conversion accelerates
MDA Space reported 32% year-over-year revenue growth in Q1 2026, driven by strong backlog conversion and growth in Satellite Systems. The company says its high-volume production facility for Telesat Lightspeed and Globalstar direct-to-device satellites remains on schedule, with CEO Mike Greenly indicating “no change” to ongoing Globalstar work.