What Happened
Rocket Startup Aids Canadian Space Ambition Through Local Subsidiary
Isar Aerospace, a Munich-based rocket startup, plans to help Canada build a local space launch capacity through a partnership involving German shipbuilder TKMS. The company intends to set up a local subsidiary in Canada to work with small and medium-sized businesses. This move may aid Canada’s ambition to develop its own space launch capabilities, as reported by Aviation Week.