EchoStar selects MDA Space for new non-terrestrial network; shares slip over 17%

12 hours ago 1

EchoStar (NASDAQ:SATS) on Friday selected MDA Space (TSX:MDA:CA) as the prime contractor for its new non-terrestrial network (NTN) low Earth orbit (LEO) direct-to-device (D2D) satellite constellation.
The company said the initial contract valued at approximately $1.3 billion (approx. C$1.8 billion) includes the design, manufacturing and

Recommended For You