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Showing posts with the label CanadArm

Minister Bains Releases "Canada's New (Sorta) Space Strategy," But No Details or Funding Breakdowns

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           By  Chuck Black It wasn't a bad press conference, if you ignored the fact that it was set up mostly to release documents intended to support Prime Minister Justin Trudeau 's February 28th, 2019 press conference announcing Canadian support for the US led Lunar Gateway program and funding for the construction of a new $2Bln CDN " Canadarm3 ." There was also the question of why the language used by the presenters seemed targeted more at the elementary school children attending the event than at the Canadian taxpayers expected to pay for the program or the scientists, engineers and businessmen expected to build and manage the new Canadarm. Be that as it may, on March 6th, 2019 Innovation Minister Navdeep Bains formally announced the release of the written copies of " Canada's New Space Strategy ," at the Telus " World of Science " Centre in Edmonton AB to an audience of mostly elementary school students. As outlined in the March 6th, 20...

The Next Three Important Dates For the Canadian Space Industry

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           By  Chuck Black The 2019 Canadian Federal Budget (expected to be tabled in the Canadian House of Commons on March 19th, 2019), along with the fourth quarter 2018 report (expected on February 28th, 2019) and the year-end stockholder meeting (currently scheduled for May 8th, 2019) of Westminster CO based Maxar Technologies , are currently the hottest topics of gossip among those who focus on the Canadian space industry. How did that happen? It's because Brampton ON based MDA is both the maker of Canada's iconic Canadarm and a Maxar subsidiary. Since the formation of the Canadian Space Agency (CSA) in 1989, the space industry in Canada has been wrapped around Federal government funding for its favorite contractor. This state of affairs is in the midst of changing. But change comes slowly to the industry and many are hoping that change will be delayed or superseded by announcements deriving from one or more of those events. As outlin...

Still No Plan for SSL or GEOSats, But Maxar's CEO Howard Lance Has Resigned. Here's What it Means for Canada's MDA

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           By  Chuck Black CEO Howard Lance has resigned from his job at Westminster CO based Maxar Technologies effective immediately and been replaced by Daniel Jablonsky, one of his Maxar colleagues who, since October 2017, has also acted as the president of the Westminster CO based Maxar subsidiary DigitalGlobe . New Maxar CEO Jablonsky. Photo c/o  Space Intel Report . Jablonsky will also now sit on the Maxar board of directors, where he will join other DigitalGlobe alumni, including retired US General Howell M. Estes III , the current chairman of the Maxar board (who has also been the chair of the DigitalGlobe board since 2011) and Nick S. Cyprus, the chairman of the Maxar audit committee, who was also previously a director of DigitalGlobe. The circling of the Maxar wagons around the DigitalGlobe subsidiary and it's lucrative US government Earth imaging contracts is simply the final, last ditch effort to keep the wheels twirling on the ...

2018: The Year in Space for Canada

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           By  Chuck Black Last January, no one would ever have thought that the big Canadian space story of 2018 would be the slow destruction of Westminster CO based Maxar Technologies ' market valuation on the New York Stock Exchange (NYSE) and its effect on Canada. Maxar stock peaked with a January 4th, 2018 high of $65.25 US ($88.97 CDN) per share, then bottomed out with a December 24th, 2018 low of $9.55 US ($13.02) per share. But while Maxar crashed and burned, a whole new generation of private sector, mostly Canadian owned and operated space focused firms quietly perfected their technology, slowly raised funds for expansion and painstakingly developed functional business plans. Here's an overview of some of the important stories this blog has covered over the last year. It's alliance with Dorval PQ based Bombardier Aerospace to turn Bombardier’s single-aisle C Series (now known as the Airbus A220) into a commercial success moved Ottobrunn Ger...