Space Tech

Technology

Canada is set to announce a new investment in Toronto-based Xanadu Quantum Technologies aimed at expanding its research and development facility and building advanced manufacturing capacity. The federal government says the move is intended to strengthen Canada's quantum technology supply chain. The announcement is scheduled for August 28, with further investment details expected from the government.

Technology

MDA Space has launched LaunchPad Ventures, an investment program for Canadian small and medium businesses developing space and defence technologies. The company says the program has 25 investment focus areas and will connect selected businesses with expertise and potential future-program opportunities through MDA Space and 49North.

Technology

Astronomers using the James Webb Space Telescope have uncovered evidence for an extraordinary cosmic object known as a “black hole star.” The newly studied MoM-BH*-1 may contain a rapidly growing black hole surrounded by dense hydrogen-rich gas, offering scientists a potential explanation for Webb’s mysterious little red dots and clues about how massive black holes formed surprisingly early in cosmic history.

Technology

SpaceX has entered public markets in what could become the largest IPO in history. The debut marks a turning point for capital markets and the growing power of private infrastructure companies.

Technology

SpaceX’s market entry reshapes how global infrastructure is valued, blending satellites, defense systems, and connectivity into one financial structure.