MDA Space to Acquire SatixFy Communications

Expected to Enhance Company's End-to-End Satellite Offering

A definitive agreement has been announced under which MDA Space will acquire all outstanding shares of SatixFy in an all-cash transaction for US$2.10 per share. The transaction, which represents an equity value for SatixFy of approximately $193 million (approximately C$278 million), is expected to further enhance the end-to-end satellite systems offerin…