Add-on Acquisition • Communications

MDA Space Acquires SatixFy

On April 1, 2025, MDA Space acquired communications company SatixFy for 193M USD

Acquisition Context
  • This is MDA Space’s 2nd transaction in the Communications sector.
  • This is MDA Space’s largest (disclosed) transaction.
  • This is MDA Space’s 1st transaction in Israel.

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M&A Deal Summary

Date April 1, 2025
Target SatixFy
Sector Communications
Buyer(s) MDA Space
Deal Type Add-on Acquisition
Deal Value 193M USD
Advisor(s) Cowen (Financial)
Goldfarb Seligman
Sullivan & Worcester (Legal)

Target Company

SatixFy

Rehovot, Israel
SatixFy develops end-to-end next-generation satellite communications systems, including satellite payloads, user terminals and modems, based on powerful chipsets that it develops in house. SatixFy’s products include modems that feature Software Defined Radio (SDR) and Fully Electronically Steered Multi Beam Antennas (ESMA) that support the advanced communications standard DVB-S2X. SatixFy was founded in 2012 and is headquartered in Rehovot, Israel.
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Buyer Overview 1

Buyer

MDA Space

Brampton, Ontario, Canada

Category Company
Founded 1969
Sector Technology Hardware
Revenue 1.1B CAD (2024)
DESCRIPTION

MDA Space is a space technology company delivers space robotics, radar satellite technology and satellite components. MDA Space was founded in 1969 and is based in Brampton, Ontario.


Deal Context for Buyer #
Overall 2 of 2
Sector: Communications 2 of 2
Type: Add-on Acquisition 1 of 1
Country: Israel 1 of 1
Year: 2025 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-05 MDA - Nuclear Assets

Brampton, Ontario, Canada

MDA's Nuclear Assets offers complex project planning and management for large nuclear outages and refurbishment projects, including experience in nuclear outage tooling. MDA's Nuclear Assets, based in Brampton, Ontario.

Sell -