Business

RADARSAT Constellation Mission Future and Canadian Space Agency Budget Get MP’s Brief Attention

The future of Canada’s current big space project, the RADARSAT Constellation Mission (RCM) and the Canadian Space Agency budget cut were the subject of questions in yesterday’s House of Commons Question Period. The questions were brought forward by Liberal MP Marc Garneau. Garneau is a former astronaut and Canadian Space Agency (CSA) President and knows a thing or two about space.

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COM DEV Bucks Canadian Space Sector Trend

It’s been a pretty good start to the year for COM DEV, the Cambridge based international space systems company. On April 12th the company reported improved profitability in its quarterly earnings report. Since then they’ve booked three new orders worth US $21 million including a new order today.

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Canadian Space Sector Faces New Reality Post Budget

It should not have come as a surprise, after all everyone had been warned for months that the budget would see cuts. The fact that the government is spinning the cuts as “savings” still doesn’t change the facts, this budget is a tough one for many and in particular the space sector.

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