10:43 AM EST, 12/09/2025 (MT Newswires) -- MDA Space ( MDALF ) Tuesday said it signed a strategic partnership agreement with the Government of Canada and Telesat Corporation ( TSAT ) to develop and deliver military satellite communications (MILSATCOM) capabilities.

The company said that the partnership is part of the Enhanced Satellite Communication Project - Polar (ESCP-P), one of the key procurements being led by Canada's newly formed Defence Investment Agency (DIA).

"A longstanding program of record, ESCP-P will significantly enhance the ability of the Royal Canadian Air Force (RCAF) and the broader Canadian Armed Forces (CAF) to conduct sovereignty operations in the Arctic, supporting the defence of Canada and North America," noted the company.

The company said that the project will deliver secure wideband and narrowband satellite communications capabilities that are "essential to fulfilling the CAF's continental defence mandate."

Telesat ( TSAT ), in a separate release noted that, the ESCP-P project represents "a multi-billion dollar investment by Canada and will act as a catalyst for significant investment, job creation and economic growth in Canada through its world-class space supply chain."

"MDA Space ( MDALF ) has a long history as a trusted mission partner to the Canadian Armed Forces, delivering the advanced technologies and mission outcomes they need to accomplish their critical mandate," said MDA Space's ( MDALF ) chief executive officer, Mike Greenley.

"We understand the significance of the missions they execute and the challenges inherent in their operations. With this partnership, and in close collaboration with the Department of National Defence and Telesat ( TSAT ), we are ready to deliver essential Arctic military satellite communications capabilities at the speed of innovation and operational relevance."

"Along with MDA Space ( MDALF ), we are honoured to be chosen as strategic partners in modernizing Canada's defence capabilities and expanding secure, resilient communications infrastructure," said Telesat's ( TSAT ) chief executive officer, Dan Goldberg.

"We commend the government's forward-thinking approach to defence procurement-one that harnesses industry expertise, innovation, and investment to accelerate deployment of a secure, multi-frequency architecture that strengthens Arctic security and safeguards Canadian sovereignty."

MDA Space's ( MDALF ) shares were last seen up 6.8% to $26.09, while Telesat's ( TSAT ) shares were last seen up 10.2% to $44.18 on the Toronto Stock Exchange.

Price: 26.05, Change: +1.64, Percent Change: +6.72