MDA Space reports record CA$1.6 billion revenue and CA$108.5 million net income in 2025, outpacing peers in profitability and scale.
MDA Space, a Canadian satellite and robotics firm, stands out among recent space IPOs with record revenue of CA$1.6 billion and net income of CA$108.5 million in 2025. The company, founded in 1969, operates in satellite systems, robotics, and geointelligence, offering a longer track record than competitors.
HawkEye 360 and York Space Systems, both newer entrants, lag in financial performance and operational history. MDA Space’s dual listing on the NYSE and TSX expands its investor base, reinforcing its appeal as a stable, profitable option in the space sector.
The company’s established presence and profitability contrast with peers still scaling operations, positioning it as a preferred choice for investors targeting the space industry.