NordSpace has made its second strategic investment through its venture capital arm to invest in North Vector Dynamics. The strategic investment deepens a technical partnership, pairing NordSpace’s orbital propulsion infrastructure with the interceptor and hypersonic missile programs currently under development at the Calgary defence technology firm.
This marks the second investment of capital by NordSpace Ventures. The division launched earlier this year with plans to invest up to $2 million annually in domestic aerospace and defence firms. Its inaugural investment backed hyperspectral imaging operator Wyvern.
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