Business

Today and tomorrow SpaceX will be holding its first Mars Workshop in Boulder, Colorado to discuss how the company will accomplish the goal of sending humans to Mars with an eye to living on the Red Planet.

The Canadian Space Agency has awarded two QEYSSat Phase A contracts to Neptec and COM DEV as Canada looks to establish a space based satellite quantum encryption capability.

Telesat revenues in the second quarter this year were down 4% excluding the impact of foreign exchange rate changes, and the company’s backlog remained sizeable at $3.8B.

Maxar’s released its second quarter earnings yesterday and while revenue was down, margins increased, primarily due to the imagery business.

The Canadian Space Agency has released its annual State of the Space Sector report for 2016 which shows the Canadian Space Economy grew 4% over the previous year with total revenues coming in at $5.5B.

Telesat announced today it has selected a consortium comprised of Thales Alenia Space and Maxar Technologies to further systems design for Telesat’s LEO constellation.

The Canadian Space Commerce Association is no longer. Long live the Canadian Space Commerce Association.

If anyone thought MDA was leaving Canada, they better think again. The announcement on Monday that they had acquired Ottawa based Neptec Design Group is an example of how the company is consolidating its hold on key technologies.

Kepler Communications announced this week that they had partnered with the UK’s Satellite Applications Catapult on developing a third demonstration satellite and expanding their operations into the UK.

There have been several attempts in the past to start a commercial spaceport from scratch in Canada, but none have reached the milestone of completing and submitting an environmental assessment for review by the jurisdiction in which they want to launch. And while Maritime Launch Services has reached this milestone, there’s still the hurdle of funding to surmount.