Kongsberg Gruppen Expands Canadian Presence Through MOU With MDA Space And LOI With Telesat LEO ULC

Kongsberg Gruppen announced plans to expand its Canadian presence through a memorandum of understanding with MDA Space and a strategic letter of intent with Telesat LEO, a Telesat subsidiary. The partnerships could broaden Kongsberg's access to Canada's space, satellite communications and defense-related technology markets, though no financial terms or revenue targets were disclosed.