What Happened
Toronto Startup Prepares For Hot Fire Tests In December
Toronto-based Canada Rocket Company is preparing for hot-fire testing of engine components for its R-2 rocket, with the first test planned for December. The company is targeting a medium-lift design capable of launching up to 15,000 kilograms to low-Earth orbit. Canada Rocket Company has raised $22 million, including government funding, and aims to raise $650 million in the next few years. The company’s plans were reported by Aerospace America.