Calian completes acquisition of Galaxy Broadband for about $24 million upfront, with $27.5 million earnout

• Calian completed its acquisition of Galaxy Broadband Communications, a Canadian satellite communications and remote connectivity provider.
• Deal terms include about $24 million upfront consideration, with a further $27.5 million earnout.
• Transaction follows Aug. 11, 2026 amendments to Crown Capital Partners’ secured subordinated debentures.
• Galaxy is headquartered in Mississauga, Ontario, with more than 30 years serving government, defense, critical infrastructure, remote communities.
• Acquisition expands Calian’s communications footprint in Northern Canada, targeting secure connectivity for remote and mission-critical operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Calian Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608241709PRIMZONEFULLFEED9815241) on August 24, 2026, and is solely responsible for the information contained therein.