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Magellan Aerospace

AviationDefenceSpaceTSX: MALMississauga, ON

TSX-listed Ontario manufacturer of aeroengine and aerostructure components for commercial and defence aircraft, with a Winnipeg space division building small satellite buses, avionics and Black Brant rockets.

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About

Company site: magellan.aero

TSX-listed Ontario manufacturer of aeroengine and aerostructure components for commercial and defence aircraft, with a Winnipeg space division building small satellite buses, avionics and Black Brant rockets.

  • FY2025 revenue reached $1,044.7 million, up 10.9% from $942.4 million in 2024, with net income of $39.4 million. magellan.aero

  • Awarded up to $6.9 million by the Canadian Space Agency in October 2025 for MINERAL, a lunar CubeSat orbiter and micro penetrator built in Winnipeg. magellan.aero

  • Leads the $15.8 million National Defence-funded Redwing microsatellite for space situational awareness, with launch expected in 2027. magellan.aero

  • Its Winnipeg space heritage began with the first Black Brant rocket launch in 1959 and now includes five spacecraft in orbit. magellan.aero

Products & Services

Company site: magellan.aero

Products Magellan Aerospace publishes on its own site. Each card links to the page it was taken from.

Aeroengines

Aeroengine components

Manufacturing of aeroengine components and assemblies, with expertise in complex fabrications and rotatives, spanning engine cold section, hot section, shafts and specialty materials.

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Aerostructures

Airframe structures

Major assemblies and components for airframe structures, supplied to aerospace primes.

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Wire Strike Protection System

Helicopter safety system

A passive helicopter safety system that guides wires over the fuselage into cutting blades, with an upper cutter, lower cutter and windshield deflector. More than 30,000 kits delivered, available for over 70 military and commercial helicopter models.

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Black Brant

Sounding rocket

A sounding rocket family in service since 1962, with more than 1,000 launched and a vehicle success rate above 98 per cent, alongside custom rocket motor systems tailored to specific missions.

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Government & Grants

Government support actually received. Unpublished amounts are left out.

  1. Canadian Space Agency - MINERAL lunar CubeSat orbiter and micro penetrator

  2. Department of National Defence - Redwing microsatellite research and development

People

Sourced from the company's own pages or announcements.

Phillip C. Underwood

President & Chief Executive Officer

Elena M. Milantoni

Chief Financial Officer & Corporate Secretary

Technology Focus

Company site: magellan.aero

Terms the company uses about its own work.

AerostructuresAeroengine componentsPrecision castingsEngine repair and overhaulSmall satellite busesSpacecraft avionicsSounding rockets

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