ISS News

SpaceNews.comJeff Foust

MDA Space to acquire 70% of French EO/geo-intelligence firm CLS in €567M deal, vertically integrating radar satellite data with

MDA Space will purchase a 70% majority stake in French data analytics and geo-information company Collecte Localisation Satellites (CLS) from CNES, in a €567 million transaction (about $647 million). MDA also plans to raise US$819 million via an upsized bought deal to fund the acquisition, positioning the combined company as a top global space-based geointelligence provider.

2026-07-09T04:29:00.090902-07:00

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Our International Space Station coverage offers a window into the orbiting laboratory that has become a symbol of global cooperation in space. Get the latest updates on scientific research, crew expeditions, and the technological advancements aboard the ISS that contribute to our understanding of space and life on Earth.