InfraOrbitThe capital behind space.
InfraOrbit register · 2015 to 2026

Canada space financing

2 space financings involving Canada since 2015, and 4 investment and M&A deals, each with its terms and primary sources.

Randeep Bubbra | Lawyer | Making space financeable

2Financings on file
US$4.4bnFunded volume (US$ eq.)
4Investments and M&A
US$2.5bnLargest financing
2015: US$0m152016: US$0m162017: US$0m172018: US$0m182019: US$2.5bn1932020: US$0m202021: US$0m212022: US$0m222023: US$0m232024: US$1.9bn2422025: US$0m252026: US$0m26
Canada space financing: funded volume by year. US$bn equivalent at approximate annual average rates; contingent and unfunded programme commitments are excluded.

Largest financing

Telesat Canada 2019 refinancing, 22 Nov 2019.

By type

TypeFinancingsFunded (US$)
Bank facility1US$2.5bn
Government finance1US$1.9bn

Financings

DateFinancingTypeAmount
13 Sep 2024Telesat Lightspeed government loans (Canada and Quebec)Government financeC$2.54bn
22 Nov 2019Telesat Canada 2019 refinancingBank facilityUS$2.51bn

Investments and M&A

DateDealTypeValue
30 Nov 2021Spire Global acquisition of exactEarthM&ANot disclosed
19 Nov 2021Telesat and Loral combination (Telesat Corporation)M&ANot disclosed
7 Apr 2021MDA IPO on the TSXIPOC$400m
8 Apr 2020Northern Private Capital acquisition of MDA from MaxarM&AC$1bn

Totals are US$ equivalents of funded deals at approximate annual average rates; programme-level and conditional commitments are listed but left out. Records come from public, primary sources. How the register is built.

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