News

MDA Space has announced a definitive agreement to acquire Blue Canyon Technologies, a small satellite manufacturer currently owned by RTX (Raytheon Technologies), for $620 million. The deal represents a divestiture by RTX of a subsidiary it had previously acquired. The transaction expands MDA Space's capabilities in the small satellite segment.

Teamshares Inc. has completed its business combination with Live Oak Acquisition Corp. V (NASDAQ: LOKV), a SPAC, following shareholder approval on June 16, 2026. The transaction makes Teamshares, a tech-enabled acquiror of small and medium-sized enterprises, a publicly listed company. The deal was previously announced and has now been formally closed.

MDA Space has announced a definitive agreement to acquire Blue Canyon Technologies for $620 million. Blue Canyon Technologies is a manufacturer of small satellites and spacecraft components. The deal represents a significant expansion of MDA Space's capabilities in the smallsat market.