-- MDA Space (MDA.TO, MDA) has finalized nine early customer contracts for MDA CHORUS data, its next-generation Earth observation constellation expected to launch in late 2026, it said on Tuesday at the GEOINT Symposium.
The company has also received 32 letters of interest from customers across Asia-Pacific, Latin America, Europe, North America and the Middle East, it added.
"Demand for Earth observation data and imagery is driving increased engagement with customers globally who are looking for dependable and near real-time access to detect activity, protect critical environments, and support national security priorities," said MDA Space Chief Executive Mike Greenley. "MDA CHORUS is ideally positioned to meet that demand."
Designed to deliver EO data day or night and in all-weather conditions, MDA CHORUS will support "more frequent imaging opportunities, faster delivery of insights, and advanced applications such as near real-time exploitation and insights", the company said. "Once operational, the collaborative multi-sensor satellite constellation will provide one of the most extensive radar imaging capacity available on the market in one system, ranging from broad area coverage with a 700 km-wide swath to sub-metre very high-resolution spotlight images," it added.
U.S.-listed shares of the company were last seen up 4.6% at US$32.35 in pre-market trading.