BRAMPTON, Ontario — October 13, 2026 Canadian space technology company MDA Space has gained a major international investor after Czech industrial group CSG acquired a 9.5% stake, becoming the company’s largest shareholder.

The investment, announced on Tuesday, marks CSG’s first move into the space sector. The group said the investment could open opportunities for closer cooperation with MDA Space, including potential joint ventures involving manufacturing facilities in Europe.

MDA Space is known for its work in satellite systems, space robotics and related technology. Its Canadian operations place it among the businesses contributing to the country’s aerospace and advanced-manufacturing industries.

For CSG, the investment offers a potential entry point into a global space industry that is attracting growing commercial and government interest. The companies could explore additional collaboration, although no specific joint venture or manufacturing project was confirmed in the announcement.

The development highlights increasing international investment in Canada’s aerospace and space-technology sector, as companies seek partnerships, manufacturing capabilities and access to emerging satellite markets.