MDA Space Ltd TSE: MDA stock News
On October 13, 2026, Czech defense and industrial conglomerate Czechoslovak Group (CSG) announced the acquisition of a 9.5% equity stake in MDA Space Ltd. (TSX: MDA), establishing itself as the company's largest shareholder. The strategic investment—valued between C$618.5 million and C$656 million (approximately US$434 million)—was finalized following regulatory approval under the Investment Canada Act. CSG aims to serve as a long--term strategic partner, exploring potential collaborations that include co--investing in European satellite manufacturing and assembly infrastructure, partnering on strategic aerospace acquisitions, and introducing MDA Space to its European defense customer network.