Toronto’s MDA Space Eyes NYSE Listing as Defense Boom Fuels Demand

DeFiChef · 2026-03-11T17:11:15+00:00

A Toronto firm is initiating a $300 million IPO in the U.S. to list on the New York Stock Exchange, capitalizing on increasing global defense budgets and the push for more assets in space.

DeFiChef

2026-03-11 17:11:15

Abstract generation in progress

The Toronto-based firm launched a $300 million initial public offering in the U.S., seeking a listing on the New York Stock Exchange at a moment when defense budgets are rising globally and governments are racing to put more assets into orbit.

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