Business

In this weeks Short Cuts we talk about another blockbuster deal by MDA in the acquisition of DigitalGlobe, Deep Space Industries revenue revealed, GHGSat confirms it will acquire two more satellites, the Canadian Space Agency wants your input on technology development and more.

It turns out the acquisition of Space Systems Loral (SSL) in 2012 was just the opening act in MDA’s U.S. strategy. Today the company announced that it was acquiring DigitalGlobe for $3.1 billion (US$2.4 billion) in shares and cash. The deal includes taking on DigitalGlobe’s $1.6 billion (US$1.2 billion) in net debt. Both companies reported their 2016 revenue today, which when combined, is just over $3 …

The Canadian Space Agency (CSA) has issued a Letter of Interest (LOI) soliciting ideas from the space community for the Space Technology Development Program (STDP) before a potential Request for Proposals (RFP) is issued. This is a refreshing departure from recent STDP solicitations.

According to the Wall Street Journal, MDA is in advanced talks to acquire DigitalGlobe. If a deal does emerge, it would be a significant acquisition. As reported by the Journal’s Dana Mattioli, “terms of the potential deal couldn’t be learned, but given DigitalGlobe’s market value of $1.8 billion Friday afternoon and a typical takeover premium, it could be worth between $2 billion and $3 billion. …

Kepler Communications announced today it has selected Innovative Space Logistics B.V. (ISL), part of the Innovative Solutions in Space (ISIS) group of the Netherlands, as their launch contractor, and that their first satellite will launch on an Indian  Polar Satellite Launch Vehicle (PSLV) rocket this November.

In this weeks Short Cuts we talk about the emerging satellite servicing business at MDA, they hope, Planet Labs sees growth opportunities in Canada and has 88 satellites launched, the Canadian Space Agency awards drone contracts fro earth observation and more.

The days of on-orbit servicing, or satellite servicing, living in obscurity are over. On February 7, Orbital ATK, Inc. and their subsidiary Space Logistics LLC, filed a lawsuit in the Eastern District of Virginia to stop the U.S. Defense Advanced Research Projects Agency (DARPA) from awarding Space Systems Loral (SSL), a subsidiary of Canada’s MDA, a contract to to develop satellite servicing of spacecraft in geostationary orbit …

In July 2015 Planet Labs made a significant purchase in acquiring Lethbridge based Blackbridge and its Rapideye constellation of five satellites. Combined with Planet’s Dove satellites, they are now offering an ever expanding suite of imagery products, with the precision agriculture and mapping segments leading the way.

MDA’s U.S. subsidiary, Space Systems Loral (SSL), today entered into an agreement with the U.S. Defense Advanced Research Projects Agency (DARPA) to develop satellite servicing of spacecraft in geostationary orbit (GEO) for the Robotic Servicing of Geosynchronous Satellites (RSGS) program.

It seems every couple of years another group comes along claiming they’ll setup a spaceport in Canada with Nova Scotia being the preferred location. The latest is Maritime Launch Services (MLS), a newly registered company in Nova Scotia with roots in the U.S and the Ukraine. What sets it apart from recent previous efforts is the experienced principals involved.