RBC sees USD 10 billion launch market opportunity for Canada's space industry through 2035

By Public Technologies
  • 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.


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