MDA Ltd: We’re in talks with $7B+ in commercial LEO constellation prospects, all of them financially solid

by Peter B. de Selding

LA PLATA, Maryland — Canada’s MDA Ltd., already working on three satcom constellations, said it is “actively engaged” with prospective customers for several billion dollars of new constellations for broadband internet, direct-to-device and Internet of Things (IoT) applications.

The company said all these potential customers had proven their financial viability, enabling MDA to spend time sharing pricing information.

The market is too dynamic to call MDA a bellwether for the satellite constellation market, but the company’s new software-defined, digital satellite platform and the . . .

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