Acquiring Company
MDA Space
Acquired Company
Collecte Localis
Description
MDA Space Ltd. has announced a firm offer to acquire a majority interest in Collecte Localis, a major player in AI-driven Earth observation services. The transaction involves MDA Space purchasing approximately 70% of CLS for €567 million in cash. This acquisition is expected to enhance MDA Space's capabilities and drive significant growth in revenue and service offerings.
Who to call at MDA Space, and when
When MDA Space changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day MDA Space raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at MDA Space, from your own LinkedIn network
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Frequently asked
Who acquired Collecte Localis?
Collecte Localis was acquired by MDA Space, based in Brampton. The deal was reported on July 8, 2026. MDA Space is a trusted mission partner to the global space industry, specializing in robotics, satellite systems, and geointelligence. MDA Space is publicly traded (MDA) and operates in Manufacturing.
When did MDA Space acquire Collecte Localis?
MDA Space's acquisition of Collecte Localis was reported on July 8, 2026. MDA Space Ltd. has announced a firm offer to acquire a majority interest in Collecte Localis, a major player in AI-driven Earth observation services. The transaction involves MDA Space purchasing approximately 70% of CLS for €567 million in cash. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Collecte Localis do?
Collecte Localis (CLS) is a leading provider of AI-driven Earth observation and satellite IoT solutions. Founded in 1986, CLS has continuously innovated in space-based monitoring and sustainable resource management. It is privately held, operating in Artificial Intelligence, and is based in Toulouse.
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