MDA Space has made another significant acquisition in recent weeks, entering an agreement to acquire 70 per cent majority stake in French Earth observation company Collecte Localisation Satellites (CLS) for approximately $920 million (€567 million). The transaction, which follows the company’s recent US$620-million purchase of satellite component manufacturer Blue Canyon Technologies, is a vertical integration push that changes how the space and defence company processes and distributes Earth observation data to its clients.
