MDA SPACE SELECTED BY MISSILE DEFENSE AGENCY FOR SHIELD PROGRAM

MDA SPACE SELECTED BY MISSILE DEFENSE AGENCY FOR SHIELD PROGRAM

BRAMPTON, ON, Jan. 8, 2026 /PRNewswire/ - MDA Space Ltd. (TSX: MDA), a trusted mission partner to the rapidly expanding global space industry, today announced it has received an indefinite delivery/indefinite quantity (IDIQ) contract from the Missile Defense Agency for the Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) program.

This contract award positions MDA Space to bid on future tasks and services that support the expansive US defence initiative, which covers a broad range of work to strengthen defence against threats from land, sea, air, cyberspace, and space.

"As a long-time trusted mission partner to space and defence organizations worldwide, MDA Space is committed to delivering mission-critical solutions and strategic operational capabilities," said Mike Greenley, CEO of MDA Space. "Our selection for the Missile Defense Agency SHIELD IDIQ is a recognition of the technology, talent and expertise MDA Space offers to meet defence, security and sovereignty requirements."

FORWARD-LOOKING STATEMENTS
This press release contains certain statements that may constitute "forward-looking information" within the meaning of applicable securities laws ("forward-looking statements"), including the MDA Space's qualification to bid on future tasks and programs and the scope of the applicable IDIQ. Forward-looking statements are based on certain assumptions and analyses made by MDA Space in light of management's experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties and other factors which may cause the actual results, performance or achievements of MDA Space to differ materially from those anticipated in such forward-looking statements for a variety of reasons, including without limitation the risks and uncertainties detailed under the "Risk Factors" section of MDA Space's annual information form dated March 7, 2025.

Although MDA Space believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect and there can be no assurance that actual results will be consistent with the forward-looking statements. There are a number of additional risks and uncertainties affecting or that could affect MDA Space, which could cause actual results and developments to differ materially from those described in, expressed or implied by these forward-looking statements. Accordingly, readers should not place undue reliance on any forward-looking statements or information. These forward-looking statements speak only as of the date of this news release. Except as required by law, MDA Space is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

ABOUT MDA SPACE
Building the space between proven and possible, MDA Space (TSX:MDA) is a trusted mission partner to the global space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The MDA Space team of more than 3,800 space experts in Canada, the US and the UK has the knowledge and know-how to turn an audacious customer vision into an achievable mission – bringing to bear a one-of-a-kind mix of experience, engineering excellence and wide-eyed wonder that's been in our DNA since day one. For those who dream big and push boundaries on the ground and in the stars to change the world for the better, we'll take you there. For more information, visit mda.space.

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SOURCE MDA Space