In a significant move to enhance its position in the space industry, Quebec has pledged $10 million Canadian dollars to Reaction Dynamics, a Montreal-based startup focused on launching small satellites. This funding is expected to enable the company to start launching microsatellites by 2027. Currently, Canada is the only G7 nation without a domestic satellite launch capability, making this investment critical to boosting Canada's aerospace sector and aligning it with international peers, particularly as the Canadian Space Agency has historically not prioritized this area.
Quebec's investment in Reaction Dynamics will enable the province to establish a domestic satellite launch system, filling the G7 gap in Canadian space capabilities.
By investing $10 million in Reaction Dynamics, Quebec aims to initiate a domestic satellite launch capability, setting Canada on the map for space technology.
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