Business

A study performed by the Futron Corporation predicts that companies such as those competing for the Google Lunar X PRIZE will be able to address a market in excess of $1 billion over the course of the next decade.

Google Lunar X PRIZE contender Odyssey Moon Limited announced today that top industry leaders Near Earth LLC, WPP Group, Aon and Milbank have joined its corporate team.

The Canadian Space Agency (CSA) were the beneficiary of an additional $110 million in funding over the next three years in yesterday’s budget but a closer look reveals that some of the new money will actually replenish a decreasing budget. The new funding comes at a time when the agency was actually taking a cut in its budget from $368.2 million in 2008-2009 to $348.3 …

The Canadian government released its budget today. Contrary to the expectation of some, this budget did not include any new money for the Canadian Space Agency’s (CSA) plans for Mars. Nearly two years ago, at the 3rd Canadian Space Exploration Workshop, CSA president Marc Garneau announced his vision for the CSA’s next bold adventure: Mars. At that time he said, “We have the expertise, it’s …

Sheila Fraser, Auditor General of Canada, presented her report to the House of Commons this week in which she called in to question the Canadian Space Agency’s (CSA) ability to implement its programs due to funding problems. These problems at CSA are not necessarily of its own making. Indeed, many of them predate the formation of the CSA. According to the Auditor General, the situation …

If former astronaut Marc Garneau has his way, Canada will soon become an important partner in several upcoming Mars missions. Garneau would also like to see Canada become a leader in several new space technology fields as well. Next Friday, Garneau, who is now President of the Canadian Space Agency (CSA), will define this vision to an audience at the University of Toronto. He will …

Dr. Marc Garneau will assume leadership of the Canadian Space Agency on November 22. Garneau replaces Mac Evans who had been President for the last seven years and has served in the Canadian Space Agency for 35 years. It was only last February that Garneau transitioned from active astronaut to the role of Executive Vice-president. Last year at this time he had been preparing for …

Participants at the 3rd Canadian Space Exploration Workshop (CSEW), being held in Montreal this weekend, were among the first to hear that Canada wants to go to Mars. In a pre-banquet speech on Saturday night, former astronaut Dr. Marc Garneau, now serving as Executive Vice-President for the Canadian Space Agency announced that the CSA would be expanding its space exploration efforts over the next several …