At what enterprise value was BLUE CANYON TECHNOLOGIES acquired in 2026?

During the acquisition of BLUE CANYON TECHNOLOGIES by MDA SPACE in 2026, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b USD. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.2x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of BLUE CANYON TECHNOLOGIES when it was acquired by MDA SPACE?

The estimated EV/EBITDA multiple for BLUE CANYON TECHNOLOGIES is in the range of 15x - 25x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.2x. Join our community for free to access full valuation data and industry trends.

When was BLUE CANYON TECHNOLOGIES acquired by MDA SPACE?

BLUE CANYON TECHNOLOGIES was acquired by MDA SPACE in 2026.

What was the revenue of BLUE CANYON TECHNOLOGIES at the time of the deal?

The revenue of BLUE CANYON TECHNOLOGIES at the time of the deal is estimated to be in the range of 150M - 250M USD. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of BLUE CANYON TECHNOLOGIES during the acquisition?

BLUE CANYON TECHNOLOGIES's EBITDA is estimated to be in the range of 25M - 50M USD. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the BLUE CANYON TECHNOLOGIES acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the BLUE CANYON TECHNOLOGIES deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.themiddlemarket.com/latest-news/mda-space-acquires-blue-canyon-technologies-from-rtxs-raytheon

← DATABASE

Home Database Industry & ManufacturingBLUE CANYON TECHNOLOGIES

06/2026

BLUE CANYON TECHNOLOGIES acquired by MDA SPACE

UNITED STATES Aerospace, Naval & Defense EV 500M - 1.5b USD

Context

MDA Space has entered into a definitive agreement to acquire 100% of Blue Canyon Technologies from RTX Corporation's Raytheon business. This strategic move is expected to significantly bolster MDA Space's presence in the US government and defense space programs market, a segment considered one of the most dynamic in the global space industry. The primary strategic rationale for the transaction lies in the complementary nature of the two companies' businesses. Blue Canyon Technologies brings to MDA Space an established industrial platform in the United States, two manufacturing sites in the Denver region, and a team of over 400 space specialists. This local presence is expected to enhance the acquirer's access to sensitive defense and government contracts in the US. The acquisition also enables MDA Space to expand its technological portfolio through the integration of a comprehensive range of compact satellites, critical space components, and mission services. With a strong track record of over 85 launched satellites and more than 3,500 units currently in orbit, Blue Canyon Technologies boasts significant operational credibility with institutional clients.

BLUE CANYON TECHNOLOGIES, which reported an EBITDA margin of LOGIN in 2027, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (11.2x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in Industry & Manufacturing market trends

Target

Blue Canyon Technologies (BCT) is a US-based company that specializes in the design, manufacture, and operation of satellite platforms, space components, and mission solutions for institutional, government, scientific, and commercial markets. Founded in 2008 and headquartered in Colorado, the company has established itself as a leading player in the small satellite and high-performance space systems segment. BCT develops a comprehensive range of technologies for space missions, including integrated satellite platforms, attitude control systems, reaction wheels, embedded computers, and various critical subsystems. Its expertise spans the entire lifecycle of a space mission, from concept and integration to post-launch operational support. With a strong reputation among US government agencies, defense contractors, and commercial operators, Blue Canyon Technologies is recognized for the reliability of its technologies and its impressive track record of successful missions. The company's solutions are utilized in a variety of applications, such as Earth observation, telecommunications, scientific research, national security, and space exploration.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (USD)

Year

Rev

EBITDA

EBIT

2027

2026

Similar deals in Industry & Manufacturing

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
06/2026	KRAKEN ROBOTICS	COVELYA GROUP	UNITED KINGDOM	Aerospace, Naval & Defense	Kraken Robotics has entered into a definitive agreement to acquire Covelya Group, marking the largest acquisition in its history. This transaction represents a pivotal milestone in the company's scale-up strategy and its ambition to establish itself as a leading player in underwater technologies
06/2026	EMZ PARTNERS / BPIFRANCE / AMUNDI PRIVATE EQUITY	NEXTEAM	FRANCE	Aerospace, Naval & Defense	Nexteam completed a shareholder reorganization following a competitive process led by Crédit Agricole CIB and Indosuez Corporate Advisory. As part of the transaction, a consortium comprising EMZ Partners, Bpifrance and Amundi Private Equity Funds acquired a minority stake in the company to support its next phase of growth
06/2026	FJORD DEFENCE GROUP	PARTNERTECH KARLSKOGA AKTIEBOLAG	SWEDEN	Aerospace, Naval & Defense	Fjord Defence Group ASA has entered into a definitive agreement to acquire 100% of the share capital of PartnerTech Karlskoga Aktiebolag, a specialized industrial player in precision metal components for the defense industry
05/2026	ABENEX / BPIFRANCE	TETHYS	FRANCE	Aerospace, Naval & Defense	Abenex has completed the acquisition of a majority stake in Tethys, a French specialist in pyromechanical systems, through its second small-cap fund. This transaction represents a secondary leveraged buyout, facilitating a complete exit for the previous majority shareholders, which included a group of business angels operating as a search fund and Bpifrance's Definvest fund
05/2026	PAI PARTNERS	MECAER AVIATION GROUP	ITALY	Aerospace, Naval & Defense	The transaction involves the acquisition of a controlling interest in Mecaer Aviation Group (MAG) by the French private equity firm PAI Partners from Fondo Italiano d’Investimento and Stellex Capital Management
05/2026	HIG CAPITAL	INTERNATIONAL AEROSPACE COATINGS IAC	UNITED STATES	Aerospace, Naval & Defense	Global alternative asset manager H.I.G. Capital has finalized, through one of its specialized affiliates, the total acquisition of International Aerospace Coatings (IAC). This primary M&A transaction represents a strategic exit for the private equity sponsor Tiger Infrastructure Partners, which previously held a controlling interest in the aviation services company
04/2026	RHEINMETALL	NVL (NAVAL VESSELS LÜRSSEN)	GERMANY	Aerospace, Naval & Defense	Rheinmetall has finalized the acquisition of 100% of NVL (Naval Vessels Lürssen) from the Lürssen Group, which will now focus exclusively on the luxury yacht market. The transaction, agreed upon in September 2025, received final antitrust clearance in early 2026
04/2026	TINICUM / BLACKSTONE	SENIOR	UNITED KINGDOM	Aerospace, Naval & Defense	The consortium led by Tinicum and Blackstone has reached a definitive agreement to acquire 100% of the share capital of Senior plc, a prominent UK-listed engineering group. This strategic transaction represents the conclusion of a competitive bidding process, marking a significant milestone in the ongoing trend of international buyers targeting specialized UK industrial assets
04/2026	ROCKET LAB CORPORATION	MYNARIC	GERMANY	Aerospace, Naval & Defense	Rocket Lab has finalized the acquisition of a 100% stake in Mynaric AG, a move that significantly strengthens its position in the integrated space systems market. This strategic transaction represents the group’s first major industrial footprint in Europe, with the target maintaining its operational headquarters in Munich
04/2026	GROUPE RIVOLIER	THIFAN INDUSTRIE	FRANCE	Aerospace, Naval & Defense	Groupe RIVOLIER completed the acquisition of THIFAN INDUSTRIE to integrate specialized ammunition manufacturing capabilities and secure key ballistic intellectual property. This transaction allows the buyer to become the owner of the renowned Sauvestre brand and its associated BFS and FIP technologies, which are considered industry standards for hunting projectiles

REFERENCES

Valuation range: EV 500M - 1.5b USD

Revenue range: 150M - 250M USD

EBITDA range: 25M - 50M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of BLUE CANYON TECHNOLOGIES by MDA SPACE are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: blue canyon technologies

Acquirer: mda space