- MDA Space Ltd. is trading around $55.03 following renewed investor interest.
- The company's subsidiary, 49North, recently secured a CAD 3.7 million contract for Canada's Remotely Piloted Aircraft System program, strengthening its defense sector position.
- The stock is also rebounding after a sector-wide sell-off following the recent SpaceX IPO, with analysts noting attractive entry points for pure-play satellite operators.