MDA Space is a major international supplier of advanced space technologies and services. Its shares are listed on the Toronto Stock Exchange and the New York Stock Exchange. CSG has also established a specialist team to guide its development in the sector.

Space capabilities complement existing businesses

CSG regards space as a natural extension of its defence and aerospace activities, given the close links between these fields. The group cites projections that the global space economy could grow approximately threefold to $1.8 trillion by 2035. It also points to around $74 billion in worldwide government spending on space defence in 2025 as evidence of sustained investment.

Against this background, CSG plans to build its presence gradually, allocating capital carefully and combining in-house expertise with partnerships and selected strategic investments.

Potential cooperation in manufacturing and international growth

The stake creates scope for CSG and MDA Space to explore cooperation over time. Possible areas include joint investment in European manufacturing or assembly facilities, collaboration on strategic acquisitions and the use of CSG’s customer relationships to help MDA Space expand internationally.

The transaction follows smaller venture capital investments in the UK’s SatVu and Germany’s Atmos Space Cargo through the Tech Horizons VC fund. A dedicated subsidiary holds CSG’s interest in MDA Space.

The group considers MDA Space attractive for its technological expertise, range of activities and established industrial scale, as well as its exposure to both commercial customers and government markets. The investment is part of CSG’s broader long-term approach to the space industry.

A specialist team to develop the space business

CSG’s new team combines experience in space technology, defence, national security and the Canadian aerospace and defence market. It is intended to provide the foundation for a larger organisation as the group develops its activities.

Ladislav Stahl, formerly a NATO space adviser, will serve in the newly created position of Head of Space Strategy and Technology. Filip Kocián, an investment and corporate development professional specialising in the global space industry, will become Space Director for Corporate Development.

They will be joined by Cameron McKenzie, a senior Canadian aerospace and defence executive. As Senior Adviser, he will be responsible for CSG’s activities and expansion in Canada.

Prepared by the staff of CzechBusiness Office in Cairo
Source: www.csg.com