MDA SPACE NAMED AS ONE OF CANADA'S TOP GROWING COMPANIES IN GLOBE AND MAIL'S ANNUAL RANKING

BRAMPTON, ON , Oct. 1, 2024 /PRNewswire/ - MDA Space (TSX: MDA), a trusted mission partner to the rapidly expanding global space industry, has been recognized in The Globe and Mail's 2024 Report on Business (ROB) magazine's ranking of Canada's Top Growing Companies. An annual assessment, Canada's Top Growing Companies ranks Canadian companies based on their three-year revenue growth.

MDA Space joins the list with a three-year revenue growth rate of 96%. "With the global space economy expected to reach US$1.8 trillion over the next decade, customer demand for the full range of space-based technology, capabilities and products is accelerating," said Mike Greenley , CEO of MDA Space.

"With a 55+ year history of delivering best-in-class space innovation on more than 450 space missions, and with more than 3,000 of the world's best space engineers, scientists, technicians and business leaders, MDA Space is capitalizing and executing on this expanding market opportunity." Canada's Top Growing Companies is an editorial ranking that was launched in 2019 to celebrate the achievements of innovative businesses in Canada . The 2024 list of Top Growing Companies was just released with additional editorial coverage available in the October issue of ROB magazine.

"Our annual ranking of Canada's Top Growing Companies reflects the sector-spanning ingenuity of this country's entrepreneurs and corporate leaders," says Dawn Calleja , Editor of Report on Business magazine. "And we think it's impor.