Calian Enters Definitive Agreement to Acquire Galaxy Broadband, Expanding Communications and Connectivity Capabilities Across Canada (opens original article in a new tab)

Calian agrees to acquire Galaxy Broadband for $24 million upfront and potential $27.5 million in earnouts, aiming to enhance communications and connectivity for defense and remote areas in Canada.

• Calian enters a definitive agreement to acquire Galaxy Broadband for $24 million upfront plus $27.5 million in earnouts over three years.
• The acquisition aims to expand Calian's communications and connectivity capabilities for defense, government, and remote communities in Canada.
• Galaxy Broadband provides satellite and remote connectivity solutions, enhancing Calian's portfolio in critical infrastructure sectors.