RBC Capital Markets

Company RY

Last mentioned: Mar 12, 2026

Timeline

  1. Offering Close

    The offering is expected to close, subject to customary closing conditions and approvals.

  2. NYSE Trading Debut

    Common shares are expected to commence trading on the New York Stock Exchange.

  3. NYSE Debut

    MDA Space officially begins trading on the NYSE, raising $300M at $30.50/share.

  4. IPO Pricing

    MDA Space announces the pricing of its U.S. public offering at $30.50 per share.

  5. CHORUS Development

    Company accelerates work on its next-generation Earth observation constellation.

  6. TSX IPO

    MDA returns to the public markets with an IPO on the Toronto Stock Exchange.

  7. Founding

    MDA is founded, eventually becoming a leader in space robotics and satellite tech.

Stories mentioning RBC Capital Markets 3

ipo Bullish

MDA Space Debuts on NYSE, Securing $300M to Fuel Global Expansion

Canadian aerospace pioneer MDA Space has officially listed on the New York Stock Exchange, raising $300 million at a price of $30.50 per share. The move marks a strategic shift to capture deeper U.S. capital markets as the company scales its satellite and lunar robotics programs.

2 sources
ipo Bullish

MDA Space Prices $300M U.S. IPO at $30.50 to Accelerate Global Expansion

MDA Space Ltd. has priced its U.S. initial public offering at $30.50 per share, aiming to raise approximately $300 million in gross proceeds. The Canadian space technology leader will begin trading on the New York Stock Exchange today, marking a strategic move to tap into deeper U.S. capital markets while maintaining its existing Toronto listing.

2 sources
funding Bullish

MDA Space Prices $300M US IPO to Accelerate Global Growth

MDA Space Ltd. has priced its U.S. initial public offering at $30.50 per share, aiming to raise approximately $300 million in gross proceeds. The company will dual-list on the New York Stock Exchange and Toronto Stock Exchange to fund strategic growth initiatives in the expanding satellite and space infrastructure markets.

2 sources