MDA SPACE REPORTS SECOND QUARTER 2026 RESULTS

* Backlog of $4.0 billion at quarter-end increased $310 million compared to Q1 2026 * Revenues of $499 million, up 34% YoY * Adjusted EBITDA(1) of $96 million, up 26% YoY; Adjusted EBITDA margin(1) of 19.3% * Adjusted net income(1) of $52 million, up 13% YoY * Operating cash flow of $(93)million; Free cash flow(1) of $(150) million * Net cash(1) position of $153 million at quarter-end; Total liquidity of $1.1 billion * Increased midpoint of 2026 Revenue and Adjusted EBITDA guidance TORONTO, Aug. 7, 2026 /PRNewswire/ -- MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a trusted mission partner to the rapidly expanding global space industry, today announced its financial results for the second quarter ended June 30, 2026.

"With our continued focus on disciplined execution, the MDA Space team delivered another quarter of strong, profitable year-over-year growth in Q2 as we continue to advance our long-term growth strategy.