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MDA Space

MDA Space

Space-systems company (public, TSX and NYSE)

Appears in 2 stories

Stories

MDA Space buys small-satellite maker Blue Canyon from RTX

Money Moves

Buyer

MDA Space, a Canadian space-systems company, agreed on June 19, 2026 to buy Blue Canyon Technologies for US$620 million in cash. Blue Canyon builds small satellites and spacecraft parts at two plants near Denver, and it currently belongs to RTX's Raytheon business.

Updated Jun 19

Amazon's pending acquisition of Globalstar

Money Moves

Building the replenishment fleet

A SpaceX Falcon 9 lifted off from Cape Canaveral on Sunday morning carrying replacement satellites Globalstar needs to keep its mobile network alive. The same launch ticks off one of the conditions Amazon set before paying about $10.7 billion to buy the company.

Updated May 17