MDA Space acquisition of SatixFy
Canada's MDA Space bought Israeli satellite chipset maker SatixFy to bring digital beamforming in house for its constellation work.
- Company
- SatixFy Communications
- Type
- M&A
- Status
- Completed
- Date
- 2 Jul 2025
- Value
- US$280m
- Value basis
- US$3.00 a share in cash, about US$280m equity value (raised from US$2.10, about US$193m, after a go-shop bid)
- Region
- Israel
- Segment
- Payloads
Parties
- MDA buyer
Key terms
- Price
- US$3.00 a share in cash, up from US$2.10 agreed on 1 Apr 2025
- Equity value
- About US$280m
- Amended
- 20 May 2025, after a competing go-shop proposal
Sources
- MDA Space and SatixFy news release: MDA Space to acquire SatixFy (Form 6-K exhibit) sec.gov · 1 Apr 2025
- MDA Space and SatixFy news release: amended merger agreement for increased consideration (Form 6-K exhibit) sec.gov · 20 May 2025
- SatixFy Form 6-K: closing of merger with MDA Space sec.gov · 2 Jul 2025
Record ORB-INV-2025-0025. Investments are kept apart from the financings register and never counted in debt totals.
