Reported about 12 hours ago
MDA Space has expanded its contract with Globalstar to C$1.1 billion to develop next-generation low Earth orbit satellites. The Canadian company will produce over 50 advanced digital satellites, adding approximately C$750 million to its backlog in early 2025. This deal enhances Globalstar's position in the satellite service market, competing against companies like SpaceX's Starlink.
Source: YAHOO