MDA Space Ltd. Trading Resumes After Temporary Halt

Toronto, May 2, 2025 — MDA Space Ltd., a leading technology and service provider in the global space industry, experienced a temporary trading halt on the Toronto Stock Exchange (TSX) on May 2, 2025. The halt, initiated by the Canadian Investment Regulatory Organization (CIRO), was due to a single stock circuit breaker, a mechanism designed to ensure fair and orderly trading. The halt occurred at 2:27 PM ET and was lifted at 2:32 PM ET, allowing trading to resume.

As of the close of trading on April 30, 2025, MDA Space Ltd. had a closing price of CAD 26.84. The company’s market capitalization stands at approximately CAD 3.27 billion. Over the past year, the stock has fluctuated between a 52-week high of CAD 30 and a 52-week low of CAD 11.44. The price-to-earnings ratio is currently 42.64.

Leadership Recognition

In addition to the trading developments, MDA Space Ltd. has recently celebrated a significant achievement in leadership recognition. Stephanie McDonald, the Chief People, Culture, and Transformation Officer at MDA Space, was named one of Canada’s Best Executives of 2025 by The Globe & Mail’s Report on Business Magazine. This accolade highlights McDonald’s impactful contributions to the company’s culture and transformation initiatives.

MDA Space Ltd., headquartered in Brampton, Canada, continues to focus on robotics, satellite systems, and geointelligence, serving a diverse range of customers, particularly in Canada. The company remains a trusted partner in the rapidly expanding global space industry.

For further information, please refer to the official announcements from CIRO and MDA Space Ltd.