SatixFy Set for Acquisition by MDA Space in a Strategic Move
Deal News | Apr 30, 2025 | Bryan Cave Leighton Paisner LLP
International law firm Bryan Cave Leighton Paisner LLP (BCLP) has advised SatixFy Communications Ltd., a leader in next-generation satellite communication systems, on the English law aspects of its proposed acquisition by MDA Space. The acquisition aims to enhance MDA Space's satellite offerings in response to the growing demand for digital constellations. The transaction, expected to close in Q3 2025, is subject to customary closing conditions. MDA Space is a global leader in space technology providing diverse solutions, including satellite communications and space exploration. BCLP's team, which advised on this transaction, was led by Partner Jonathan Morris with contributions from Partners David Dennison and Mark Richards, and Associate Hansy Shore.
Sectors
- Satellite Communications
- Space Technology
- Corporate Law
Geography
- Global – MDA Space is a global leader in space technology, which implies a worldwide reach and impact of the acquisition.
- UK – BCLP, the law firm advising on English law aspects, operates from the UK and is engaged in this transaction.
- Israel – SatixFy is based in Israel, making it a key location for this acquisition deal.
Industry
- Satellite Communications – The industry involves developing and deploying satellite communication systems, pertinent to SatixFy's focus on next-generation satellite systems.
- Space Technology – This industry encompasses technology for space exploration and satellite services, relevant to MDA Space's global operations and strategic acquisition.
- Corporate Law – Legal advice and services provided by BCLP are instrumental in the acquisition process, emphasizing the role of corporate law in M&A activities.
Financials
- – Financial terms of the acquisition have not been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| SatixFy Communications Ltd. | Target Company | Company | SatixFy specializes in next-generation satellite communication systems and is the target of MDA Space's acquisition. |
| MDA Space | Bidding Company | Company | A global leader in space technology, MDA Space is acquiring SatixFy to enhance its satellite offerings. |
| Bryan Cave Leighton Paisner LLP (BCLP) | Legal Advisor | Company | International law firm advising SatixFy on English law aspects of the acquisition by MDA Space. |
| Jonathan Morris | Partner (Corporate Transactions) | Person | Lead partner from BCLP on the transaction. |
| David Dennison | Partner (Employee Benefits) | Person | Provided legal assistance on employee benefits aspects of the deal. |
| Mark Richards | Partner (Energy, Environment and Infrastructure) | Person | Contributed on energy, environment, and infrastructure-related legal matters. |
| Hansy Shore | Associate (Energy, Environment and Infrastructure) | Person | Assisted on energy, environment, and infrastructure-related legal aspects of the deal. |