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Canada $5 Billion Space Technology Firm MDA Space to Buy United States Satellite Maker Blue Canyon Technologies for $620 Million in All-Cash Deal from United States $254 Billion Aerospace & Defense Giant RTX, Blue Canyon Technologies Founded in 2008 by George Stafford, Matthew Beckner & Stephen Steg

26th June 2026 | Hong Kong

Canada space technology firm MDA Space ($5 billion market value) has announced to buy United States satellite maker Blue Canyon Technologies for $620 million in all-cash deal from United States aerospace and defense giant RTX ($254 billion market value).  Blue Canyon Technologies was founded in 2008 by George Stafford, Matthew Beckner & Stephen Steg.  Blue Canyon Technologies – Blue Canyon Technologies is an end-to-end spacecraft manufacturer and leading provider of turnkey small satellite solutions. We are a dedicated mission partner, delivering innovative hardware, software, and systems engineering solutions to meet the toughest challenges in space. MDA Space – Building the space between proven and possible, MDA Space (TSX:MDA; NYSE:MDA) is a trusted mission partner to the global defence and space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. RTX – RTX is comprised of three market-leading businesses – Collins Aerospace, Pratt & Whitney and Raytheon – working as one to answer the biggest questions and solve the hardest problems in aerospace and defense.

“ Canada $5 Billion Space Technology Firm MDA Space to Buy United States Satellite Maker Blue Canyon Technologies for $620 Million in All-Cash Deal from United States $254 Billion Aerospace & Defense Giant RTX, Blue Canyon Technologies Founded in 2008 by George Stafford, Matthew Beckner & Stephen Steg “

 



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Canada $5 Billion Space Technology Firm MDA Space to Buy United States Satellite Maker Blue Canyon Technologies for $620 Million in All-Cash Deal from United States $254 Billion Aerospace & Defense Giant RTX, Blue Canyon Technologies Founded in 2008 by George Stafford, Matthew Beckner & Stephen Steg

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