Off World Capital is an idea born from approaching the next historical economic revolution from a top down view. A collective of ideas where future growth potential is being realized by those who dream big, and command potential never seen since the Industrial Age. /1
This will be a pivotal fork in the road. Being (atleast initially) at the opposite end of the spectrum from Starlink will be a very interesting avenue.
L-Band vs KA-Band is a very different trajectory to play in.
This will be interesting to watch
Rocket Lab is acquiring Iridium Communications Inc – one of the most transformative deals in the space industry.
By combining our launch capability and satellite manufacturing with @IridiumComm’s global satellite communications network and rare spectrum, Rocket Lab becomes a fully integrated, self-launching, tier-1 space power, delivering critical communications capability to millions of users worldwide.
Full details and important information: https://t.co/hj5aWrDPjz
Already seeing M&A, and adjustment on the multiples. But the decades ahead have been building momentum. 1 week, 6 months, 2 years, are a drop in the bucket when looking at a domain larger than any preindustrial era finding of a new continent. This shift is > than the Americas.
This will have a material effect on both the SpaceX IPO and many other currently listed companies with direct and indirect interests in orbital constellations and more so the Lunar economy.
This week NordSpace's CEO, Rahul Goel, appeared before the House of Commons Standing Committee on National Defence (NDDN) in our nation's capital to make the case for sovereign space launch: Canadian payloads, on Canadian rockets, from Canadian soil. Specifically, how NordSpace has spent years methodically and meticulously executing on its step-by-step plan to sustainably evolve capabilities, capital, and cadence.
Rahul's message was clear. Assured access to space underpins navigation, communications, and surveillance for the Canadian Armed Forces and our allies. Unnecessary delays in achieving sustained operational capabilities chasing science experiments, buying foreign products, or developing impractical capabilities results in Canadian lives at stake, on and off the battlefield. When Canada cannot deploy or replenish a satellite at home with our own people, intellectual property, supply chains, and infrastructure, foreign nations are making national security decisions on our behalf.
Sovereign launch also represents more than 1,000 skilled jobs over the coming decade, sustained demand for Canadian aluminum and critical minerals, and intellectual property that remains in Canada which can evolve with changing requirements. We are scaling our Ontario manufacturing facility tenfold toward 235 employees, expanding our spaceport in Newfoundland and Labrador, and signing launch service agreements.
A suborbital demonstration of our Taiga rocket powered by our in-house designed and manufactured 3D printed Hadfield engines is weeks away. Our Terra Nova satellite is bound for orbit this year to use artificial intelligence at the edge to assess threats from space, both security and environmental. Our spaceport, the Atlantic Spaceport Complex (ASX), is ready to scale to medium-lift and beyond, with design and construction ongoing as we speak.
We are grateful to the Committee for the invitation, and for taking sovereign launch seriously. Encouraging measures such as the Defence Industrial Strategy, the Launch the North challenge, and the Canadian Space Launch Act signal to industry and investors that Canada is serious.
NordSpace is not here merely to survive. We are here to win, in Canada and globally. But Canada has a choice to make, and a narrow window in which to make it. Will we be participants, or leaders in space? Will we be buyers, or builders?
As BGen Horner, Commander of 3 Canadian Space Division, said: "From the Arctic to cislunar space, Canada's strategic environment is expanding. And so must our ambition."
@NationalDefence@DavidMcGuinty@DRDC_RDDC@CanadianForces Charles Sousa @jamesbezan@SherryRomanado Philip Earle Scott Anderson @cherylgallant Lori Idlout @JeffKibbleCML@VivianeLapointe Chris Malette Tim Watchorn Christine N. Tim W.
This is huge, and will fundamentally change the investment and capital surrounding the next era of an industrial revolution.
This isn’t the next chapter, we are entering the subject matter after the preface.
This will have a material effect on both the SpaceX IPO and many other currently listed companies with direct and indirect interests in orbital constellations and more so the Lunar economy.
The aftermath of LC-36 following New Glenn's explosion during its Static Fire test last night captured by D Wise (@dwisecinema).
Overview of the incident:
https://t.co/J1aWYWecfA
The next era of Moon exploration has begun! We're proud to announce a $75 million subcontract from @NASAJPL to deliver four drones above the Moon's south pole with our Elytra orbiter. In support of @NASA's MoonFall mission and larger Moon Base initiative, these drones will help map safe landing spots and resources for future Artemis missions. Read more here: https://t.co/MZUTgDROCw
We have officially acquired Motiv Space Systems.
Motiv – now Rocket Lab Robotics – brings mission-tested Mars heritage with advanced multi-degree of freedom robotic arms, actuators, and drive electronics that have enabled some of the most ambitious planetary exploration missions in history, including NASA's Mars Perseverance rover.
We're now one of few companies in the world capable of delivering end-to-end Mars mission solutions including launch, spacecraft, software, and proven robotics for surface and on-orbit operations. This unique capability positions us to lead programs like Mars Sample Return mission and the Mars Telecommunications Network.
📣 Invitation to Tender – Construction at NordSpace's Atlantic Spaceport Complex (ASX) in Newfoundland and Labrador is ramping up after several months of design and engineering, this time at SLC-01 in preparation for 2028 orbital launch readiness. SLC-01 is the site of our orbital launch pads, sized to scale to medium-lift vehicles. The invitation to tender can be found in the comments below.
With an approved spaceport integrated into our vertically aligned launch architecture, NordSpace is uniquely positioned to compete for and support national security, civil, and commercial missions requiring responsive and reliable launch from Canadian soil. The Atlantic Spaceport Complex offers a set of unmatched capabilities:
✅ Widest range of nominal launch inclinations in Canada from 44 to 105 degrees over the Atlantic Ocean, enabling access to polar, sun-synchronous, mid-inclination, and select equatorial trajectories
✅ Positioned 5+ km (extendable to 10+ km) from the nearest town with 6,000 acre buffer zone, enabling the safe operation of medium-lift and future heavy-lift launch vehicles by offering the largest safety distances of any launch site in Canada
✅ Approved for an initial ramp up to 20 launches per year, offering the greatest cadence of launches in Canada
✅ Supported by nearby seaports, airports, and highway infrastructure, providing multiple logistics pathways for launch vehicles and payloads
For NordSpace, the ASX is a foundational element of our end-to-end launch strategy. Internalizing spaceport operations enables more efficient mission execution, improved schedule control, enhanced reliability, and reduced launch costs, while allowing us to capture greater value across the launch supply chain. NordSpace's responsive launch vehicles under development comprise Tundra (1,100 kg LEO, 850 kg SSO) and future reusable medium-lift Tempest (5,000+ kg LEO, 3,500+ kg SSO).
@NationalDefence@DRDC_RDDC@GovNL
NASA just officially unveiled their master plan for a permanent Moon Base at the lunar South Pole
This is not just about flags and footprints. NASA is moving to establish an enduring, sustained human presence, and they are heavily relying on commercial innovators to build it
The roadmap is highly aggressive:
• Phase 1: Heavy robotic missions and commercial payload deliveries
• Phase 2: Semi-permanent infrastructure, including fission surface power and lunar drones
• Phase 3: A sustained, permanent human outpost
The most important takeaway is NASA explicitly stated this base is the ultimate proving ground to prepare humanity for missions to Mars
While legacy aerospace companies are still struggling to reliably get a small capsule to the ISS, NASA is setting the stage for massive lunar infrastructure....which is exactly the kind of heavy-lift planetary deployment SpaceX’s Starship was designed for
The multi-planetary economy is officially kicking off
I don’t usually make a resource prediction.
But if you believe in a massive shift towards off plant compute. Then resources especially Gold and Silver will suddenly have a large market pressure without the closed loop recycling infrastructure we see today.
Orbital decay ☄️
We are pleased to present NordSpace CEO, Rahul Goel's, annual update on our progress and missions from last week's Canadian Space Launch Conference. The keynote spanned rocket development, spaceport construction, satellite and robotic missions, strategic investments, and a 25 year vision for Canada's future in space. In Rahul’s address, he specifically discussed:
🏗️ The existential necessity for a space launch company to pursue vertical integration to develop a commercially viable and scalable capability that is sovereign itself, to reliably support a sovereign launch program for the country.
📈 NordSpace’s three phase plan to evolve from pathfinder missions and developments, to scaled manufacturing and production, and ultimately internalized launch cadence and gains. Resulting in a highly competitive cost structure that only the convergence of a company’s carefully planned launch systems and space systems divisions can enable.
🚀 NordSpace’s rapid advancements in its rocket systems, ranging from scaling engine technology to the orbital regime with our patent pending Hadfield-150 engine, growing our advanced manufacturing capabilities in metal additive and automated composites for primary structures, engine testing and test facilities, and more.
💫 The Atlantic Spaceport Complex (ASX), NordSpace’s private spaceport in Newfoundland and Labrador, and recent advancements including active construction at SLC-02, environmental approvals, aeronautical studies, spaceport design in preparation for Tundra’s first flight, and community collaborations.
🏭 NordSpace’s new campus, a 60,000 sqft facility that we are moving into this month to expand our team to 235 employees over the coming years, while adding significant capabilities in vertically integrated manufacturing, assembly, and testing of our rockets and spacecraft.
🛰️ Updates on NordSpace's first satellite, Terra Nova, launching to space later this year to demonstrate key in-house developed hardware and software for wildfire monitoring, Arctic surveillance, and space domain awareness. The mission uses our edge-AI imaging payload, Chronos, and will test secondary systems such as key components of our Athena bus and our Zephyr-EP in-space thruster.
🌖 Our new lunar program, starting with Canada’s first lunar rover named TERRY, fully privately financed and built by NordSpace, arriving at the surface of the Moon late 2027. This mission will expand into a high cadence of hosted payload lunar rover missions with TERRY+ starting in 2028.
💵 Announcing several new investments, including over $20M in new strategic investments in manufacturing and spaceport infrastructure, and NordSpace Ventures with several new investments in Canadian space and defence startups.
👩🚀 NordSpace’s 25 year vision for Canada’s future in space from interplanetary missions to manned spaceflight.
The remainder of the sessions will be published to NordSpace’s YouTube channel over the coming days. We look forward to welcoming everyone to the Canadian Space Launch Conference in 2027. Ad astra! 🇨🇦
@daveginvesting is worth watching. He has invested both time and capital into a strong belief of the future. And brings a 🇨🇦 perspective missing from the broader international launch discussion.
Off World Capital is an idea born from approaching the next historical economic revolution from a top down view. A collective of ideas where future growth potential is being realized by those who dream big, and command potential never seen since the Industrial Age. /1
The idea we will mine ore and bring it back on earth is short sighted. In space manufacturing will be the future. Just as on earth we moved the manufacturing and resource extraction out of our backyard.
Earth constellations in the not so distant future will be not terrestrial.
Onboard views from Starship and Super Heavy V3, which are equipped with upgraded cameras capable of streaming 4K video through every phase of flight via @Starlink