MDA Space Strikes $1.1B CAD Partnership with Globalstar with MDA Space CEO Mike Greenley 02/11/25
Feb 12, 2025
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Mike Greenley, CEO of MDA Space, leads a Canadian company at the forefront of satellite innovation. He discusses MDA's significant $770 million contract with Globalstar to enhance satellite communication capabilities, vital for emergency services. Greenley also emphasizes the surge in satellite production and international collaboration in lunar exploration. The conversation touches on the evolving space economy and the competitive landscape, including insights on T-Mobile's Starlink beta and its potential to improve connectivity in underserved regions.
MDA Space's $770 million partnership with Globalstar will significantly enhance direct-to-device communication through a new constellation of satellites.
The evolving satellite technology aims to bridge connectivity gaps for underserved regions globally, transforming emergency services into regular data and voice capabilities.
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Advancements in Satellite Communication
MDA Space has recently secured a significant contract with Globalstar, valued at approximately $770 million, to develop a new constellation of over 50 digital satellites. This initiative focuses on improving direct-to-device communication capabilities, initially catering to emergency services, with future expansions into broader data and voice services. The MDA Aurora satellites utilize a software-defined system that enhances communication efficiency by allowing dynamic reconfiguration of beams based on real-time demand. The company's ability to scale production, with plans to manufacture two satellites per day, positions it well to meet the growing global need for advanced connectivity solutions.
The Future of Global Connectivity
The ongoing evolution of satellite technology aims to bridge the connectivity gaps experienced by about a third of the Earth's population, particularly in underserved regions. Enhanced networks are emerging to provide consistent, high-speed communication services, moving from emergency applications to regular data and voice services. As competition increases among providers like Globalstar, T-Mobile, and others, the market is expected to evolve with continuous improvements in performance and capacity. This transformation signifies a shift towards more inclusive global connectivity, enabling users in remote locations to access essential communication services.
Globalstar, which provides the space-based emergency services for Apple’s iPhones, is tapping MDA Space to build satellites for its next-gen communication satellites. MDA CEO Mike Greenley joins Morgan Brennan to talk the new contract, the future of connectivity, and how the Canadian company is navigating the possibility of tariffs.
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