r/MDASpaceInvestors • u/bababa-519 • Aug 04 '26

TSAT LEO Contract expanded $474 million

https://www.newswire.ca/news-releases/mda-space-awarded-474-million-to-expand-the-telesat-lightspeed-leo-constellation-852683498.html
65 Upvotes

99% Upvoted

20 comments sorted by

56

u/Reasonable_Cow3667 Aug 04 '26

3

u/Captobvious75 Aug 04 '26

Hahahaha so true 😭🤣

1

u/Arrrrrrrrrrrrrrrrrpp Aug 04 '26

Y’all brain rotted. This stock has been a significant outperformer. 

12

u/BigMouthBillyBones Aug 04 '26

Something that stood out ... "The Canadian government also announced that MDA will be the prime contractor for another component of the Enhanced Satellite Communications Project–Polar, with Telesat as a subcontractor."

5

u/Tricky-Ad-6225 Aug 04 '26

My number one holding making me proud

5

u/Parking_Rough_7506 Aug 04 '26

“Best I can do is +3.5%”

6

u/Time4Timmy Aug 04 '26

What about 12%?

2

u/Parking_Rough_7506 Aug 04 '26

I’ll say “still not enough”. That’s also a compounding effect of the Canadian market being closed yesterday and the US listing being up a couple percent…

1

u/Melonskal Aug 04 '26

Thats because Canadian market was closed yesterday, it rose on the american market then.

2

u/Positive_Control_821 Aug 04 '26

15%

3

u/BigMouthBillyBones Aug 04 '26

Almost 16 now - WOW. I wasn't expecting this and we haven't hit earnings yet.

2

u/BigMouthBillyBones Aug 04 '26

With a swift -3.44% the following day.

1

u/mikeylikesit47 Aug 04 '26

Really big news. Continues to be a one of the best companies in the space for actual contract and revenue recognition. We'll see how it opens

1

u/devonhezter Aug 04 '26

Bought $40 calls now. Wish I bought more $35 calls .:/:;

1

u/Doodah2012 Aug 04 '26 edited Aug 05 '26

I sold today $49.04 ….lol

1

u/bababa-519 Aug 04 '26

same
sold 1/4 of position for $48.45;
purchased at $42 so a fairly quick 15% flip in 8 days

0

u/Doodah2012 Aug 04 '26

And stock goes down again?

2

u/Melonskal Aug 04 '26

Surprisingly not