✉news ScienceSpace Policy first seen 7 h ago, last 4 h ago, peak #32
Czech group CSG takes 9.5% stake in MDA Space
Original: The Czech CSG makes the leap into space by taking a 9.5% majority in MDA Space
Czechoslovak Group (CSG) has acquired a 9.5% majority stake in Canadian space company MDA Space, marking the Czech defence group's first major move into the space sector. The deal signals CSG's ambition to expand beyond munitions and land systems into satellites and orbital technology, drawing attention from defence and aerospace watchers.
Why now: A major European defence group's entry into the space industry is a significant strategic shift for the sector.
CSGMDA SpaceCzech RepublicCanada
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