CNES will retain a 30% minority interest in CLS after the transaction.

MDA Space will buy a 70% majority interest in CLS for €567 million.

MDA Space expects pro forma leverage to remain within a target range of 1.5x to 2.5x net debt to LTM Adjusted EBITDA after closing the CLS and Blue Canyon Technologies transactions.

MDA Space is acquiring Collecte Localisation Satellites (CLS).

The CLS acquisition is expected to close in late 2026 or early 2027.

MDA Space will pay 100% cash for the CLS acquisition.

The CLS acquisition is subject to completion of customary French procedures, execution of definitive transaction documents, required regulatory approvals, and customary closing conditions.

The CLS transaction has an enterprise value of €1 billion and an equity value of €810 million.

The GRITSS payload aims to serve as a space-based geodetic reference point to achieve the Earth Science Decadal Survey’s target of 1-millimeter reference frame accuracy.

GRITSS is in a low Earth sun-synchronous orbit that allows it to cross primary ground tracking nodes systematically.

GRITSS launched from Vandenberg Space Force Base in California aboard a SpaceX Falcon 9 rocket on the Transporter-17 dedicated small-satellite rideshare mission.

GRITSS coordinates tracking data from GNSS, VLBI, and Satellite Laser Ranging to reduce site tie errors in the International Terrestrial Reference Frame.

ISISPACE engineers will manage GRITSS early orbit tracking and commissioning from their secure operations center.

GRITSS captures Global Positioning System signals onboard, upconverts them in real time to S-band and X-band frequencies, and broadcasts them back to Earth.

Initial GRITSS data collection passes will focus on broadcasting signals to NASA tracking stations in Maryland, Texas, and Hawaii.

NASA’s Geodetic Reference Instrument Transponder for Small Satellites (GRITSS) technology demonstration spacecraft launched into low Earth orbit on July 7, 2026.

GRITSS is a collaborative effort between NASA Goddard Space Flight Center, the University of Massachusetts Lowell, and ISISPACE.

The GRITSS instrument is housed within a 12U-XL CubeSat bus developed and integrated by ISISPACE.

SEOPS completed final physical processing and launch vehicle fairing integration for GRITSS before liftoff.

NASA awarded a commercial contract to ISISPACE for the physical assembly, mission design, and payload integration logistics for GRITSS.

GRITSS nominal operations are scheduled to run for at least one full year.

SEOPS paired GRITSS with an ISISPACE QuadPack deployment system inside the Falcon 9 rocket.

OCCAM Space is expanding its product line to include the KISS 15 system and custom payload adapters for upcoming commercial micro-launchers.

The KISS 24 flight was OCCAM Space’s first deployment on a SpaceX rideshare vehicle.

OCCAM Space has additional separation units scheduled for subsequent D-Orbit manifests later in 2026.

OCCAM Space managed the end-to-end design and fabrication of KISS 24 before providing deployment engineering support during vehicle integration in the United States.

The KISS 24 flight was part of OCCAM Space’s baseline technical integration contract with D-Orbit.

OCCAM Space’s KISS 24 hardware reached low Earth orbit aboard a SpaceX Falcon 9 rocket on the Transporter-17 mission launched from Vandenberg Space Force Base in California.

On July 9, 2026, OCCAM Space’s proprietary KISS 24 clampband separation system achieved flight heritage during a SpaceX rideshare campaign.

The KISS 24 flight involved a baseline technical integration contract with D-Orbit.

The larger KISS-XL clampband variant completed separation in late 2025.

The KISS 24 flight was OCCAM Space’s inaugural deployment on a SpaceX rideshare vehicle.

OCCAM Space’s larger KISS-XL clampband variant completed separation in late 2025.

OCCAM Space’s proprietary KISS 24 clampband separation system achieved flight heritage on a SpaceX rideshare campaign on July 9, 2026.

OCCAM Space handled the end-to-end design and fabrication of the KISS 24 clampband before providing deployment engineering support during vehicle integration in the United States.

OCCAM Space developed KISS 24 as part of a scalable family of clampband payload adapters for release operations on launch vehicles, satellite buses, and orbital transfer tugs.

KISS 24 was launched into low Earth orbit from Vandenberg Space Force Base in California on a Falcon 9 rocket flying the Transporter-17 mission.

The KISS 24 flight was the first operational flight of the KISS 24 architecture.

OCCAM Space has additional separation units scheduled for later D-Orbit manifests in 2026.

KISS 24 is part of a scalable family of clampband payload adapters developed for release operations on launch vehicles, satellite buses, and orbital transfer tugs.

Pulse Space will use the contract funding to accelerate engineering, system testing, and operational deployment of its proprietary laser-based remote power and orbital situational awareness platforms.

Pulse Space plans extensive subsystem qualification testing over the next eighteen months before integrating its laser assemblies onto active orbital testbeds.

Karl Stedman is the CEO of Pulse Space.

Pulse Space received a $40 million technology development contract from the U.S. Space Force on July 9, 2026.

Pulse Space’s hardware architecture is designed to replace legacy radio frequency arrays with focused optical laser links.

The U.S. Space Force’s Space Combat Power portfolio aims to deploy proliferated point-to-point energy nodes throughout low Earth orbit to provide a redundant off-grid power layer for critical defense constellations.

The $40 million award is the largest individual contract in Pulse Space’s history.

Pulse Space can use the capital injection to scale its dedicated engineering cleanrooms for high-rate component manufacturing.

The CZ-10A first stage is scheduled for a full-profile flight with cable-net catch recovery.

The CZ-10B Y1 is scheduled for its maiden flight.