en.Wedoany.com Reported - Calian Group announced that it will acquire Galaxy Broadband Communications, a Canadian provider of satellite communications and remote connectivity solutions, for up to C$52 million (approximately US$36.6 million). Under the agreement, Calian will pay an initial C$24 million (US$16.9 million), with an additional earn-out of up to C$27.5 million (US$19.3 million) based on Galaxy Broadband's performance over the next three years. The transaction was announced on June 25, with Galaxy Broadband held by private equity firm Crown Capital Partners, which completed its acquisition of the company in 2020.

Galaxy Broadband provides secure, resilient communication and connectivity solutions to government, defense, critical infrastructure, and remote community customers across Canada, covering low-Earth orbit satellite deployments, private wireless networks, and multi-orbit connectivity. The company particularly supports organizations operating in the most remote and challenging environments, such as Canada's North, and has established partnerships with federal and territorial government organizations, critical infrastructure operators, and businesses operating in Canada's northern and remote regions. Galaxy Broadband is a distribution partner of Eutelsat OneWeb and has deployed OneWeb services across Canada.

Calian Group stated that this acquisition will combine Galaxy Broadband's expertise in connectivity with its own capabilities in communications infrastructure, cybersecurity, defense technology, and remote service delivery, enhancing its ability to provide integrated communication and connectivity solutions. Galaxy Broadband founder and CEO Rick Hodgkinson said that Calian aligns closely with its values, commitment to talent, and dedication to customer success, and that together, the two companies will be better positioned to support customers and communities that rely on secure and reliable communications.

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