• MDA Space is acquiring about a 70% stake in Collecte Localisation Satellites (CLS), with the purchase price payable in cash.
• Net proceeds from a US$819 million common-share sale are earmarked to fund part of the CLS purchase price.
• Proceeds may also repay some or all of CLS’ existing debt if MDA Space cannot secure separate debt financing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MDA Space Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: TO03847) on July 14, 2026, and is solely responsible for the information contained therein.