It’s that time of year again where we look back at the top Canadian space stories of the year. To say that 2020 was a remarkable year would be an understatement. The year started out full of promise and optimism, but was quickly overshadowed by the pandemic.
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Northern Private Capital (NPC) today has closed the deal to buy MDA from Maxar Technologies bringing the company back into Canadian control.
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On the eve of 2020, followers of the Canadian space industry were greeted with exciting news. Northern Private Capital, a Toronto-based investment consortium, had reclaimed a national asset by buying MacDonald, Dettwiler and Associates (MDA) for an eye-popping $1 billion.
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The rumour had been floating for six months, so now that its happened, it shouldn’t come as shock that MDA has been sold, right?
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