
Magellan Aerospace
MAL.TOMagellan Aerospace, founded in 1996 and headquartered in Mississauga, Canada, is a global aerospace manufacturer providing integrated products to the aerospace industry.
- Founded
- 1996
- Headquarters
- Mississauga, Canada
- Stage
- Public
- Ownership
- Listed
Quick Facts
About Magellan Aerospace
Magellan Aerospace, founded in 1996 and headquartered in Mississauga, Canada, is a global aerospace manufacturer providing integrated products to the aerospace industry. The company focuses on complex machined components and assemblies for both engine and structural applications. Magellan’s product portfolio includes aeroengine components (hot and cold sections, shafts), aerostructures, major assemblies, and specialized materials. They also manufacture rocket motor cases, spacecraft deployables, and components for small satellite buses.
Notably, Magellan has secured long-term agreements with major industry players, including Pratt & Whitney Canada and GE Aerospace. Recent contracts involve the production of components for the F414-GE-400K aircraft engine used in the Korean KF-21 program, and continued manufacturing for Pratt & Whitney Canada through 2034. Magellan is actively expanding its manufacturing capabilities, demonstrated by a recent Memorandum of Understanding to explore establishing a 50/50 jointly-owned sand casting facility in India with Aequs Private Limited.
As a publicly traded company listed on the TSX, Magellan Aerospace appears to position itself as a key supplier of critical components to leading aerospace and defense companies, with a growing international footprint and focus on expanding manufacturing capacity. Their diverse product range and established relationships suggest a strong position within the aerospace supply chain.
Signals
- Market cap, 90 days
- -0.1%
- Verification
- Verified 2026-09-05
Categories & Capabilities
Industry Categories
Stock Performance
MAL.TO · Daily close data
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Frequently asked about Magellan Aerospace
Quick answers to the questions readers most often search for.
- When was Magellan Aerospace founded?
- Magellan Aerospace was founded in 1996 in Canada.
- Where is Magellan Aerospace headquartered?
- Magellan Aerospace is headquartered in Mississauga, Canada.
- What does Magellan Aerospace do?
- Magellan Aerospace, founded in 1996 and headquartered in Mississauga, Canada, is a global aerospace manufacturer providing integrated products to the aerospace industry. The company focuses on complex machined components and assemblies for both engine and structural applications. Magellan’s product portfolio includes a…
- Is Magellan Aerospace publicly traded?
- Yes. Magellan Aerospace trades under the ticker MAL.TO on Toronto.
- What sector does Magellan Aerospace operate in?
- Magellan Aerospace works in spacecraft components, Structures and Propulsion, plus 2 other space-industry sectors.
Sources
The structured fields on this page (founding year, location, sector, status, listing) and the profile text are drawn from the sources below. How profiles are drafted and checked is described in our methodology.
- Official website (www.magellan.aero)
- Market data via Yahoo Finance (MAL.TO)
- Wikidata / Wikipedia · retrieved 2026-09-04
- GLEIF LEI record · retrieved 2026-09-05
Data Accuracy Notice: Information about Magellan Aerospace is compiled from publicly available sources including company websites, press releases, regulatory filings, and industry reports. Data is reviewed periodically but may not reflect the most recent developments.
