MDA Space (Acquisition)

Funding Details
Awarder
RSS - spacenews.com
Date Award
May 20, 2025
Vertical
Satellite Manufacturing
Funding URL
View Funding Page
Funding Amount:
$356,000,000

Company Info
Traction
MDA's acquisition offer is backed by investors representing 57% of SatixFy’s shares.
Company Description
MDA Space is a satellite manufacturing company that has recently increased its offer to acquire SatixFy, a satellite chipmaker, to enhance its supply chain and scale up its satellite constellation manufacturing capabilities.
Market
Satellite Technology
Location
Montreal, Canada

Links