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MDA Space to buy Blue Canyon Technologies
Posted: Sat, Jun 20, 2026, 10:18 AM ET (1418 GMT) MDA Space is buying smallsat manufacturer Blue Canyon Technologies. MDA Space announced Friday morning it reached an agreement to acquire Blue Canyon for $620 million from Raytheon. The transaction is expected to close by the end of year, subject to regulatory approvals. Blue Canyon produces small satellites and components and was a standalone company before being acquired by Raytheon in 2020. MDA Space, based in Canada, said the acquisition will give it more access to U.S. market opportunities.
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