MDA Space (Acquisition)
Funding Details
Awarder
RSS - spacenews.com
Date Award
May 20, 2025
Vertical
Satellite Manufacturing
Funding Amount
$356,000,000
Company Info
Traction
MDA's acquisition offer is backed by investors representing 57% of SatixFy’s shares.
Market
Satellite Technology
Location
Montreal, Canada
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.

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