MDA Space moves to acquire SatixFy in digital satellite expansion

Los Angeles CA (SPX) Apr 02, 2025 MDA Space Ltd. (TSX: MDA), a trusted partner in the global space sector, has signed a definitive agreement to acquire SatixFy Communications Ltd. (NYSE American: SATX), a provider of advanced satellite communications technology. The all-cash deal values SatixFy at approximately US$193 million (C$278 million), with shareholders receiving US$2.10 per share. The acquisition aims to broaden MDA Spac

Apr 2, 2025 - 10:25
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MDA Space moves to acquire SatixFy in digital satellite expansion
Los Angeles CA (SPX) Apr 02, 2025
MDA Space Ltd. (TSX: MDA), a trusted partner in the global space sector, has signed a definitive agreement to acquire SatixFy Communications Ltd. (NYSE American: SATX), a provider of advanced satellite communications technology. The all-cash deal values SatixFy at approximately US$193 million (C$278 million), with shareholders receiving US$2.10 per share. The acquisition aims to broaden MDA Spac