WASHINGTON
\nCanada on Friday announced a multi-year plan to support the first privately built rocket launches in the country and develop new launch regulations, as global demand for space-based services soars.
\nThe goal, presented at the Canadian Space Agency\u2019s headquarters by transportation minister Omar Alghabra, is aimed at significantly expanding the country\u2019s space capabilities and commercial space sector, most prominently composed of firms such as Telesat and MDA and the country\u2019s presence on the International Space Station.
\n\u201cWe want to convey the message loud and clear… that Canada intends on being a leader in the field of space,\u201d Alghabra said, adding that stimulating a commercial launch capability would benefit Canada\u2019s economy and add more jobs.<\/p>\n
Plans by various countries and US companies to deploy vast networks of thousands of internet-beaming satellites in the next few years have generated a wave of new launch companies looking to get a slice of what some analysts expect to become trillion dollar space market by 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"
WASHINGTON Canada on Friday announced a multi-year plan to support the first privately built rocket launches in the country and develop new launch regulations, as global demand for space-based services soars. The goal, presented at the Canadian Space Agency\u2019s headquarters by transportation minister Omar Alghabra, is aimed at significantly expanding the country\u2019s space capabilities and […]<\/p>\n","protected":false},"author":2,"featured_media":308893,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-308879","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"yoast_head":"\n