Canadian space technology firm MDA Space has expanded its contract with Globalstar to develop next-generation low Earth orbit satellites, bringing the total value of the deal to C$1.1 billion. The agreement will see MDA manufacture over 50 advanced digital satellites, reinforcing Globalstar's position in the competitive satellite communications market.
The US Louisiana-based Globalstar, partly owned by Apple, provides satellite-based phone and data transmission services. This contract expansion adds approximately C$750 million to Canadian MDA's order backlog for early 2025, following an initial C$350 million commitment in late 2023.
With demand for satellite connectivity rising, companies like Globalstar are competing with major players such as SpaceX's Starlink. MDA Space CEO Mike Greenley confirmed that the company is now moving 'full speed ahead' with production, highlighting the growing importance of satellite infrastructure in global communications.
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