MDA Space reports 45-percent year-over-year revenue growth in Q3 after losing EchoStar contract
Brampton-based MDA Space maintained a bright outlook on fiscal 2025 in its third-quarter earnings despite losing out on a $1.8-billion CAD contract with American telecom EchoStar in September. More than half of MDA Space’s $20-billion opportunity pipeline is in satellite systems. The Canadarm manufacturer reported a 45-percent year-over-year increase in revenue growth, raking in $409.8…
