China's Starlink rival launches new fundraising round, state media says

Thu, 25 Jun 2026 11:02:16 +0000

China's low Earth orbit satellite company SpaceSail, widely seen as a challenger to Elon Musk's Starlink, ‌has launched a new round of fundraising, state media Securities Times reported on Monday.

Source: reuters.com

Canadian space agency contract with MDA

Thu, 25 Jun 2026 08:02:12 +0000

TORONTO, June 24, 2026 /CNW/ - MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a trusted mission partner to the rapidly expanding global space industry, has been awarded a contract by the Canadian Space Agency (CSA) to supply an advanced, synthetic aperture radar (SAR) satellite that will operate with the RADARSAT Constellation Mission (RCM) satellites. In addition to the space segment, the contract provides for launch and the enhancement of the satellite ground control, security and data management systems. This follows an initial $44.7M contract to procure and deliver long lead parts awarded in December of last year.

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China's Starlink rival launches new fundraising round, state media says

Canadian space agency contract with MDA