Business

Another important, and long-sought after item on the Maritime Launch Services (MLS) to do list can now be marked as accomplished. MLS has a 20 year crown land lease with the Province of Nova Scotia for Spaceport Nova Scotia.

The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, paid a visit to MDA’s headquarters in Brampton on Wednesday, August 17 to tour the facilities which includes R&D for the Canadarm3.

Maritime Launch Services reported a quarterly loss of $4,315,979 for the three month period ended June 30, 2022 and a loss of $4,580,700 for the six month period ended June 30, 2022. It also disclosed that it has a letter of intent (LOI) for the use of another medium class launch vehicle if the the Ukrainian Cyclone 4M is not available. This page is for …

In his annual survey of small launch vehicles, Carlos Niederstrasser of Northrop Grumman says the survey is now tracking 166 vehicles, up very slightly from the year before. However, the number of vehicles in development has been going down since the high of the 2020 survey. Notably though, it appears small launch vehicles are on track to launching once a month, a marked improvement. This …

MDA said slowdowns in two space programs will lead to fewer revenues in Q3, during financial results released Friday (Aug. 12). But the company emphasized that it is working on guidance for 2023 and that the overall space market is strong, along with MDA’s customer base.

GHGSat announced Thursday that they’re been able to speed up the deployment and operationalization of their satellites, doubling their capacity in “record time.”

Recently retired BGen Kevin Whale who was Director General for Space at the Royal Canadian Air Force and recently Deputy Commanding General (Transformation) at Space Operations Command, United States Space Force has now now joined MDA.

Telesat is adjusting its budget for Lightspeed after inflation and schedule delays are further pushing up the cost of the satellite constellation.

Canada used to have a Space Advisory Board that provided guidance to the federal government on strategies for the space sector. Now, Space Canada is adding its list to the growing chorus of voices asking for Canada to once again launch an advisory group focused on space.

The Space Foundation has released its Q2 2022 Space Report in which it states the global space economy was US$469B in 2021, a 9% increase over the previous year.