MDA Space's U.S. Stock Market Debut Could Be Used as 'Currency' For Future Acquisitions, CEO Says
MDA Space Ltd. launched a $300 million IPO on the New York Stock Exchange, adding a U.S. ticker alongside its Toronto listing. CEO Mike Greenley said the dual‑exchange shares will act as "currency" for future acquisitions in the United States and Europe. The offering will retire roughly $100 million of debt, leaving the company with a few hundred million dollars in cash for growth. Greenley highlighted a $40 billion opportunity set over the next five years, including satellite constellations and space‑grade robotics.
Constellation Software 'Well-Positioned' Against AI Disruption, CEO Says
Constellation Software reported a 30% profit decline for 2025 while revenue grew 15% to $11.6 billion. CEO Mark Miller said the firm is "well‑positioned" against AI disruption, adding an explicit AI risk‑upside lens to its capital‑allocation process. The company is piloting...