Reaction Dynamics Raises CAD $14M in Series A, Reaches CAD $38M in Total Funding Français
This funding accelerates the path to the company's first suborbital demonstration flight and the commercialization of its launcher, aimed at commercial and defense satellite markets.
LE BOURGET, France, June 18, 2025 /CNW/ - Reaction Dynamics, a Canadian aerospace company based in Québec, announces the closing of its CAD $14 million Series A funding round. This round supports the next phase of development of its hybrid propulsion system, with a first suborbital demonstration flight planned for this winter. The announcement was made at the 2025 International Paris Air Show (SIAE) in Le Bourget.
Reaction Dynamics is redefining access to space with a new generation of hybrid launchers. Its technology, designed for deployment from mobile launch infrastructure, offers unprecedented operational flexibility. This innovation serves the commercial sector by enabling fast and efficient replenishment and reconstitution of constellations. It also supports national security applications, including hypersonic platforms.
Its hybrid propulsion system, combining solid fuel and liquid oxidizer, stands out for its simplicity, safety, and operational flexibility. The innovative rocket engine drastically simplifies the propulsion architecture, comprising only about a dozen parts compared to nearly 15,000 in traditional liquid-fueled engines. This type of fuel and oxidizer eliminates explosion risks, increasing safety during both ground and flight operations.
Reaction Dynamics' Aurora-8 rocket targets the growing market of small satellites under 200 kilograms, offering affordable, rapid, and precise launches into targeted orbits. The company aims to serve both commercial and defense markets. Since its founding in 2017, Reaction Dynamics has successfully completed all major validation milestones of its now-patented technology, with full-system testing underway and a maiden flight expected this winter.
This new investment adds to a CAD $10 million grant from the Government of Québec announced last week, as well as previous seed funding, tax credits, and other public support, bringing the total funds raised to date to CAD $38 million. This substantial injection marks a turning point in the company's growth, allowing it to accelerate operations and scale its launch solutions internationally, at a time when space sovereignty is emerging as a strategic national issue.
Quote:
"We have a clear growth trajectory, with engine testing underway to validate our hybrid propulsion system. A suborbital demonstration flight is scheduled for this winter – a key milestone to demonstrate our technology under real conditions, even though engine reliability is already proven. This funding round will move us closer to commercial deployment and solidify our role as a key player in the Quebec and Canadian space ecosystem," said Bachar Elzein, CEO and CTO of Reaction Dynamics.
About Reaction Dynamics
Reaction Dynamics is a Quebec-based aerospace company founded in 2017 and headquartered in Longueuil. It specializes in the design of hybrid rockets. With its patented technology that simplifies and secures space launches, Reaction Dynamics offers flexible, cost-effective solutions to quickly deploy small commercial and defense satellites into orbit. The company is contributing to building a dynamic space sector in Quebec while addressing the growing global demand for rapid, on-demand access to space.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Global News
8 minutes ago
- Global News
New rail spur line aims to connect Coaldale to global markets
Last month, a Dutch company officially started operating at their first Canadian facility. NewCold's cold storage facility in Coaldale, Alta., was a $222 million project that has already added dozens of full-time positions, with management saying the employment ceiling hasn't yet been reached. However, exports out of the 323,000-square-foot facility aren't moving at the level the new building is capable of. To help move things along, the Government of Alberta announced on Friday its support of a new rail spur running through the heart of Coaldale's industrial park. A rail spur is a short offshoot of a main line, and in this case the spur will connect with the Canadian Pacific Kansas City running through town. 'This project will provide us with a connection to the NewCold storage facility, which will allow local producers to transport southern Alberta grown and manufactured goods to a global consumer base in the agri-food processing sector,' said Devin Dreeshen, Alberta's minister of transportation and economic corridors. Story continues below advertisement In total, the Alberta government is spending $3.475 million via a grant through the Strategic Transportation Infrastructure Program. 'Coaldale is a growing hub for agri-food and industry in southern Alberta. By investing in key infrastructure like this rail extension, we're helping unlock the region's full economic potential and positioning Coaldale as a driver of long-term growth,' said Dreeshen. Despite being a small town, Coaldale is situated at the heart of the agri-food corridor on Highway 3. Combining its location with a willingness to expand the agricultural industry and government support, Coaldale's mayor is declaring a bright future for his town. Get daily National news Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day. Sign up for daily National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy 'Coaldale is open for business and we mean it,' said Jack Van Rijn, mayor of Coaldale. In fact, he says this is a true game-changer for the southern Alberta community. 'This project represents one of the most significant industrial infrastructure investments in Coaldale's history.' The NewCold facility isn't the only major agriculture investment in the region in recent years, either. In 2023, McCain announced a $600 million investment to double its potato operation just outside of town. 1:43 Coaldale McCain Foods plant looks to add 260 hires to workforce 'If you build it they will come,' said Grant Hunter, Alberta's associate minister of water. Story continues below advertisement He, like Van Rijn, says the region has a strong economic future. 'I think it's just the beginning. I've been saying this for six years, I believe that southern Alberta is going to be some of the best real estate investment in Canada.' Hunter says the government is serious about making an impact in the area. 'This partnership between the province, Town of Coaldale and private industry is exactly the kind of collaboration we need to drive long-term growth, support job creation and help establish southern Alberta as a leading centre for agri-food production and efficient supply chain distribution.' NewCold's area site manager, Derek Bedke, agrees that the area is ripe for business. 'When you're working with local governments and provincial governments that allow you to operate quickly, it really facilitates the progress and it makes it a very easy decision to partner with towns like Coaldale and provinces like Alberta,' said Bedke. That quick work is exactly what Van Rijn says he is happy to see. 'From the time that we shook hands on the deal moving forward, they had shovels in the ground less than a year later, so it's just a testament that southern Alberta, the Town of Coaldale and Lethbridge County is open for business.' Story continues below advertisement The rail spur project will have a total estimated cost of $8 million, with the town of Coaldale and NewCold picking up what the grant doesn't cover.
Global News
an hour ago
- Global News
U.S. raises anti-dumping duties on softwood lumber above 20%
British Columbia lumber organizations are condemning the decision by the U.S. Commerce Department to raise anti-dumping duties on Canadian softwood lumber to 20.56 per cent, calling them unjustified, punitive and protectionist. The B.C. Council of Forest Industries issued a statement Friday saying the trade action will harm workers, families and communities across the province and Canada. The council is calling on the Canadian government to make finding a resolution to the softwood dispute a top national priority, saying the latest escalation from the Commerce Department shows they can't wait for the United States to act. The B.C. Lumber Trade Council says in a separate statement that if the U.S. department's pending review on countervailing duties is in line with its preliminary results, the combined rate against Canadian softwood shipped to the United States will be well over 30 per cent. Story continues below advertisement Prime Minister Mark Carney said earlier this month that a future trade agreement with the United States could include quotas on softwood lumber, an area that has caused friction between two countries for years before the latest trade war. 0:36 U.S. tariffs on softwood lumber 'unjustified' and 'fundamentally misguided': Carney The American department had issued a preliminary anti-dumping rate in March of 20.07 per cent, up from 7.66 per cent set three years before, which is in addition to the countervailing duties of 6.74 per cent. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy 'This decision represents yet another example of ongoing U.S. protectionism at a time when cross-border co-operation should be a shared priority,' the statement from the B.C. Lumber Trade Council said. The B.C. Council of Forest Industries said the provincial government could make a number of changes that would help the industry keep mills operating. By activating timber sales, fast-tracking permits and cutting through regulatory gridlock, it said B.C. could send a signal that it is serious about rebuilding a sustainable forest sector. Story continues below advertisement 'These unjustified and punitive trade actions continue to harm workers, families, and communities across British Columbia and Canada — and have gone unresolved for far too long,' the statement from the council said.
Toronto Star
an hour ago
- Toronto Star
U.S. imposing 20.56% anti-dumping duties on Canadian softwood
VANCOUVER - British Columbia lumber organizations are condemning the decision by the U.S. Commerce Department to raise anti-dumping duties on Canadian softwood to 20.56 per cent, calling them unjustified, punitive and protectionist. The B.C. Council of Forest Industries issued a statement Friday saying the trade action will harm workers, families and communities across the province and Canada.
