Founder and CEO Bachar Elzein and Jesse Mikelberg, who is holding a a piece of their shelf stable fuel pellet.
Founder and CEO Bachar Elzein and Jesse Mikelberg, who is holding a a piece of their shelf stable fuel pellet. Credit: Reaction Dynamics

Québec-based launch and propulsion startup, Reaction Dynamics (RDX), has just announced the successful conclusion of a Series A funding round. The round attracted over $14 million CAD in investment. 

The announcement was made at the 2025 International Paris Air Show (SIAE) in Le Bourget, and follows a recent announcement of $10 million CAD in support from the government of Québec, as covered in SpaceQ earlier this month. The company noted on LinkedIn that this round “brings the company’s total funds secured to CAD $38 million to date.”


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Craig started writing for SpaceQ in 2017 as their space culture reporter, shifting to Canadian business and startup reporting in 2019. He is a member of the Canadian Association of Journalists, and has a Master's Degree in International Security from the Norman Paterson School of International Affairs. He lives in Toronto.