The acquisition, valued at approximately $649.50 million USD, positions MDA Space to absorb a company currently operating 40 sites globally as a subsidiary of the French national space agency, CNES. By integrating these operations, the companies aim to build a vertically aligned geospatial business, leveraging combined technical infrastructure to scale their market reach.

Mike Greenley, chief executive of MDA Space, emphasized that the move preserves vital sovereign capabilities for both nations while fueling the growth trajectory of their combined assets. Stéphanie Limouzin, CEO of CLS, noted that the infusion of resources will broaden the international deployment of their existing solutions and bolster their internal research and development capacity.