Business

Hypersonic spaceplane illustration

Space Engine Systems Selected for UK’s Billion-Pound Hypersonic Technologies Framework

Edmonton's Space Engine Systems (SES) has achieved a milestone in their quest to become a player in hypersonic propulsion. The company was named as one of ninety potential vendors for the UK’s Hypersonic Technologies and Capability Development Framework, a £1 billion (CAD $1.74 billion) program intended to develop the United Kingdom’s hypersonic missile capabilities. This page is for subscribers only. Already a subscriber? Log in. …

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Unifor Local 112 and 673 on strike at MDA Space headquarters in Brampton, Ontario.

MDA Space, Unifor Return to the Bargaining Table (Updated)

MDA Space and Unifor have agreed to return to the bargaining table on May 22, 2024, according to a May 21, 2024 email sent to SpaceQ by Unifor National Communications Representative David Molenhuis. According to the union, about 50 Unifor Local 112 and 673 members have been on strike at the company’s headquarters in Brampton, Ontario since April 9th.

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Inuvik ground station

Eagle Flight Network and C-CORE Sign MOU on Ground Station Network

Alberta-based Eagle Flight Network (EFN) and Newfoundland-based C-CORE have announced that they will be working together to build a new ground station in Canada. They have “entered into a MOU (memorandum of understanding) to advance both company’s interests in the satellite ground station services business,” and will “work together to build a robust industry-led satellite ground segment in Canada.” 

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Telesat Contracts MDA as Prime Satellite Manufacturer for the Telesat Lightspeed constellation. Image credit: Telesat.

Telesat Moves Forward with Lightspeed Spending in Q1 Results

Telesat officials said the company will meet its 2024 guidance and continue spending on Lightspeed after releasing first-quarter results on Friday (May 10). That said, the company said it will need to maximize its EBITDA and cash flow "by seeking to mitigate anticipated revenue declines and rigorously manage our legacy cost structure" in its geostationary business, officials warned in the earnings statement. But as a …

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