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RBC sees USD 10 billion launch market opportunity for Canada's space industry through 2035
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RBC sees USD 10 billion launch market opportunity for Canada's space industry through 2035
  • Canada could compete for at least US$ 10 billion in spaceport and launch business between 2027 and 2035.
  • No domestic orbital launch capability leaves Canadian military satellites dependent on scarce foreign launch slots, creating a national security vulnerability.
  • Another 129 planned Canadian satellites lack launch bookings through 2035, representing approximately US$ 290 million in potential contracts.
  • Federal funding and military launch commitments are needed; commercial demand alone cannot finance domestic rocket development.
  • A modeled rollout of Canadian small and medium-lift rockets could generate 31 launches worth more than US$ 400 million by 2035.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RBC - Royal Bank of Canada published the original content used to generate this news brief on October 19, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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