When was MDA founded?

MDA was founded in 1969 and raised its 1st funding round 49 years after it was founded.

Where is MDA located?

MDA is headquartered in Brampton, Canada. It is registered at Gaithersburg, Maryland.

Who is the current CEO of MDA?

Paul Nephin and Mike Greenley s of MDA.

How many employees does MDA have?

As of Mar 31, 2026, the latest employee count at MDA is 4381.

Is MDA a funded company?

MDA is a funded company, having raised an undisclosed amount across 6 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jan 11, 2018.

When was the latest funding round of MDA?

MDA's latest funding was a $***** Post IPO round on Oct 13, 2026, with participation from 0 investor.

Where does MDA rank among its competitors?

MDA ranks 4th amongst 126 active competitors, of which 8 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was ispace, which secured $148M in Aug, 2026.

Who are the top competitors of MDA?

MDA's top competitors include ispace, Astrobotic and GITAI. Among them, MDA secured the most recent funding round in October, 2026.

MDA - 2026 Company Profile, Team, Funding & Competitors

MDA is a public company based in Brampton (Canada), founded in 1969 by Paul Nephin. It operates as a Provider of space research services. MDA has raised an undisclosed amount in funding. The company has 126 active competitors, including 8 funded and 9 that have exited. Its top competitors include companies like ispace, Astrobotic and GITAI.

Company Details

Website: mda.space
Social
Email ID: *****@mda.space
Registered Address: Gaithersburg, Maryland

Key Metrics

Founded Year

1969

Location

Brampton, Canada

Stage

Public

Latest Funding Round

Post IPO, Oct 13, 2026, $*****

Investors

CAI Capital Partners & 2 more

Ranked

4^th among 126 active competitors

Employee Count

4,381 as on Mar 31, 2026

Investment & Acquisitions

Blue Canyon Tech & 4 more

Similar Companies

ispace & 115 more

Exit Details

Public

View MDA's full profile

MDA is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
MDA LTD CIN: 13730559 , United Kingdom, Active	Nov 07, 2021	-	1 (As on Nov 30, 2024)
MDA U.S. SYSTEMS HOLDINGS, INC. CIN: 392077544 , United States, Active	Dec 26, 999	-	353 (As on Dec 31, 2017)	-

MDA got listed on Apr 07, 2021.

Click here to take a look at MDA's IPO in detail

MDA has raised funding over 6 rounds. Its first funding round was on Jan 11, 2018. MDA has 3 institutional investors.

Here is the list of recent funding rounds of MDA:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 13, 2026	1879415	Post IPO	8454763	7173111	3972870	9673336
Apr 19, 2021	3172377	Post IPO	9614807	2531868	7090961	9477218
Nov 01, 2020	8333041	Grant (prize money)	9191426	2712944	5831168	Europa

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View details of MDA's funding rounds and investors

The founders of MDA is Paul Nephin.

Here are the details of MDA's key team members:

Paul Nephin: Founder & CEO of MDA.
Mike Greenley: CEO of MDA.
Contact Info: 1 email address

View details of MDA's Founder profiles and Board Members

MDA's employee count trend

MDA has 4,381 employees as of Mar 26. Here is MDA's employee count trend over the years:

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Top competitors of MDA include ispace, Astrobotic and GITAI. Here is the list of Top 10 competitors of MDA, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ispace 2010, Chuo City (Japan), Public	Developer of micro-robots that locate the resources necessary to extend human life into outer space	$385M	Incubate Fund, INCJ & 23 others	67/100
2nd	Astrobotic 2007, Pittsburgh (United States), Acquired	Developer of landers, rovers, lunar surface power, and space robotics	$2.65M	Space Capital, NewSpace & 2 others	62/100
3rd	GITAI 2016, Tokyo (Japan), Series B	Developer of robotic solutions for space station support and exploration	$83M	Mitsui Sumitomo Insurance Venture Capital, SPARX Innovation for Future ... & 21 others	57/100
4th	MDA 1969, Brampton (Canada), Public	Provider of space research services	-	CAI Capital Partners, Europa & 1 others	53/100
5th	Motiv Space Systems 2014, Pasadena (United States), Acquired	Developer of robotic systems, motor controllers, and mechanisms for space applications	-	-	48/100
6th	PAVE Space 2023, Crissier (Switzerland), Seed	Developer of autonomous spacecraft and services for satellite solutions	$40M	Creandum, Visionaries Club & 9 others	47/100
7th	TeamIndus 2011, Bengaluru (India), Series A	Provider of platforms for orbital delivery, lunar landing, and surface operations	$17.5M	Samta, TeamIndus Foundation & 77 others	44/100
8th	SEOPS 2017, Houston (United States), Unfunded	Provider of multi-satellite missions and advanced payload integration capabilities	-	-	42/100
9th	InterGravity 2024, Daejeon (South Korea), Seed	Provider of development and operation for space exploration	$5.38M	STIC Ventures, Company K Partners & 3 others	38/100
10th	Icarus Robotics 2003, Slovakia, Seed	Developer of robotic systems designed to augment astronaut crews	$6.35M	Entrepreneurs First, Nebular	36/100

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MDA has made 1 investments in companies including Maritime Launch Services. MDA has also acquired 4 companies including Blue Canyon Tech and MDA Space.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 19, 2026	Acquisition	Blue Canyon Tech	2008	Boulder (United States)
Nov 03, 2025	Investments	Maritime Launch Services	2016	Halifax (Canada)
Apr 01, 2025	Acquisition	MDA Space	1969	Montreal (Canada)