SpaceRyde has officially opened Canada’s first, orbital-class rocket factory — this 25,000ft² facility is home to the company’s headquarters, research and development and rocket manufacturing.
Today, Canada doesn’t have access to space despite steady investment in research and development by domestic aerospace manufacturing companies. Significant developments and contributions to space projects, such as Canadarm on the International Space Station, are launched to space on foreign rockets.
From the Concord, Ontario, facility, SpaceRyde manufactures their 3-stage rocket named Ryder, multipurpose kick stages called Black Bay, proprietary gimbaling hybrid engines named Grolar and their rocket carrier named Flying Spider. These components will be used to build their network of smart rockets in space and pioneer Canada’s space launch industry.
World-famous astronaut Chris Hadfield spoke at the company’s grand opening ceremony. “To regularly and safely launch from Canada to space has been a dream for many decades,” said Hadfield, “SpaceRyde is making that dream a reality.”
“Without domestic launch capabilities, Canada will be at the mercy of foreign trade relationships to access and monetize the final frontier,” said Sohrab Haghighat, CEO of SpaceRyde. The space economy expects to reach $1 trillion in annual sales by 2040.
SpaceRyde is a space transportation company, providing on-demand delivery to space, from space and within space. Utilizing its network of smart rockets, SpaceRyde forms a logistic infrastructure to accelerate space development and unleash the full potential of the space economy. SpaceRyde’s fleet of rockets will perform continuous and innumerable cargo delivery missions from the Earth to the Moon and anywhere in between, offering a private Uber-like service for cargo in space. In creating such unprecedented access to space, SpaceRyde helps accelerate space innovation, expand access to deep space, facilitate space tourism and unlock trillions of dollars of value for the New Space Economy. Additionally, SpaceRyde’s smart rockets are equipped with an enhanced kick stage, which will complete in-space missions such as refueling, lunar communications and decommissioning space junk. At the core of SpaceRyde’s business is the belief that the development of the new space economy shouldn’t come at the cost of our planet. We’ve developed the world’s only sustainable launch system that eliminates harmful combustion from 99% of Earth’s atmosphere. Headquartered in Canada, SpaceRyde’s facilities are the country’s first and only rocket factory and rocket testing facility.