CSG Becomes Largest Shareholder of MDA Space With 9.5% Stake

Czech defense group CSG has invested in Canadian satellite maker MDA Space, taking a 9.5% stake to become its largest shareholder. The deal marks CSG's entry into the space sector; MDA Space expects 2026 revenue of CAD 1.8–1.9 billion ($1.27–1.34 billion), up about 13% year over year.

• CSG holds 9.5% of MDA Space, becoming its largest shareholder
• MDA Space targets CAD 1.8–1.9 billion revenue in 2026, ~13% growth
• CSG enters the space sector for the first time via its defense business
• MDA Space builds satellites, Canadarm robotics, and acquired CLS and Blue Canyon