MDA SPACE TO ACQUIRE SATIXFY COMMUNICATIONS
Vertical integration of SatixFy expected to further enhance the MDA Space end-to-end satellite offering as demand for digital constellations growsMDA Space to pay US$2.10 per SatixFy share, representing a 75% premium to SatixFy's share price on March 31, 2025BRAMPTON, ON and REHOVOT, Israel, April 1, 2025 /PRNewswire/ - MDA Space Ltd. (TSX:MDA), a trusted mission partner to the rapidly expanding global space industry, and SatixFy Communications Ltd. (NYSE:SATX), a leader in next-generation satellite communication solutions based on in-house-designed chipsets, today jointly announced that they have entered into a definitive agreement (the "Transaction Agreement") under which MDA Space will ac