![Celestial Acquisition logo](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>)
May 2026
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Largest Aircraft & Space Systems Public Companies in Canada
Benchmark revenue and EBITDA valuation multiples for public comps like
Barrick Mining, CAE, MDA Space, Chorus Aviation and Maritime Launch Services.
 | Based in Toronto, Barrick is one of the world's largest gold miners. In 2025, the firm sold about 3.3 million attributable ounces of gold and about 220,000 metric tons of copper. At end-2025, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure, driven by the expansion of its Lumwana mine in Zambia and the development of its Reko Diq copper and gold project in Pakistan. It intends to undertake an IPO of its joint venture stakes in Nevada Gold Mines and Pueblo Viejo along with its Fourmile deposit later in 2026. | $39 | +107% | $66B | $64B | 3.8x | 5.8x | ||
| CAE Inc provides training and aviation services, integrated enterprise solutions, in-service support, and crew-sourcing services. The company operations are managed through two segments: Civil Aviation which offers comprehensive training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation, a complete range of flight simulation training devices, ab initio pilot training, and crew sourcing services, as well as aircraft flight operations solutions; and Defense and Security which is a world-wide training and simulation provider delivering scalable, platform-independent solutions that enable and enhance force readiness and security. It generates the majority of its revenue from the Civil Aviation segment. | $26 | +2% | $8B | $11B | 3.1x | 12.8x | ||
| MDA Space Ltd is a developer and manufacturer of technology and services to the space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, and space exploration and infrastructure. Geographically, it generates the majority of its revenue from Canada. | $39 | +88% | $5B | $5B | 4.4x | 22.3x | ||
| Chorus Aviation Inc is a Canadian holding company. The company focuses on delivering regional aviation to the world through its businesses. The company specializes in contract flying, maintenance, pilot training, repair and overhaul, and aircraft leasing solutions. | Airlines+2 | $17 | +14% | $395M | $603M | 0.6x | 3.7x | |
| Maritime Launch Services Inc is a commercial aerospace company responsible for developing Spaceport Nova Scotia, a satellite launching site for the commercial space transportation industry. | $0 | +1580% | $275M | $271M | 24873.6x | (8.0x) | ||
| Celestial Acquisition Corp is a capital pool company. The principal business of the Corporation is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction (as defined under the policies of the Exchange) (the QT). The Corporation has not commenced commercial operations and has no assets other than cash. The company operates in a single segment. | $0 | -- | $471K | $136K | — | (4.4x) | ||
| Median | $22 | +88% | $3B | $3B | 3.8x | 4.7x |
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