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MDA Space caught off guard by EchoStar’s deal cancellation, CEO says

Shares of MDA Space Ltd. fell sharply Monday as the high-tech manufacturer lost a recently announced contract with EchoStar Corp. EchoStar cancelled the deal as it separately announced an agreement to sell its spectrum licenses to SpaceX for about US$17 billion in cash and shares, as the Elon Musk-founded SpaceX pushes further into providing satellite-based […]


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