|

Government of Canada Selects 10 Companies for SoCal-Canadian Space Accelerator, Led by Mandala Space Venture

March 6, 2024

Government of Canada Selects 10 Companies for SoCal-Canadian Space Accelerator, Led by Mandala Space Venture

Initiative is a two-month virtual accelerator for Canadian space small and medium enterprises (SMEs)

Mandala Space Ventures, a Pasadena-based venture studio and leader in supporting entrepreneurs and venture capitalists to successfully launch companies within the emerging new-space economy, has announced the selection of 10 Canadian space startups to take part in the SoCal – Canadian Space Accelerator.

The companies selected are:

  • Baüne (Edmonton, AB) – enabling autonomous management of crew health and wellness
  • GALAXIA Mission Systems Inc (Halifax, NS) – design and development of modern computation hardware and software for small satellites
  • Magnestar (Toronto, ON) – platform for satellite operators, regulators, and military groups, that increases communications resiliency in contested and congested environments
  • Obruta Space Solutions (Ottawa, ON) – safe, reliable, and autonomous spacecraft docking for on-orbit serving and logistics
  • OroraTech Ltd. (Vancouver, BC) – revolutionizing Wildfire management with space-based data.
  • Reaction Dynamics (Saint-Jean-sur-Richelieu, QC) – a space mobility company with a mission to facilitate routine space access by introducing one of the most responsive, safe, and cost-effective launch vehicles ever created together with in-space propulsion systems for satellites.
  • SBQuantum (Sherbrooke, QC) – develops magnetic field maps for resilient autonomous navigation
  • Wyvern (Edmonton, AB) – delivering Earth Observation imagery from satellite platforms
  • Volta Space Technologies (Montreal, QC) – energy/power solution for industrial lunar economy
  • Stealth Mode Company (Toronto, ON) – monitoring of atmospheric conditions in space

The initiative is a two-month virtual accelerator for Canadian space small and medium enterprises (SMEs) looking to raise between $500K to $20 million USD and to support growth and expansion of the company in Southern California. The accelerator is set to kickoff virtually on February 12th and conclude with an in-person pitch day in Los Angeles on April 4th and further programming at the Colorado Springs Space Symposium.

“Mandala Space Ventures looks forward to using our expertise in both space technology and venture fundraising to support these 10 companies as they look to grow their contacts and presence in the Southern California space ecosystem to create meaningful, long-lasting partnerships,” said Dr. Leon Alkalai, founder & CEO of Mandala Space Ventures. 

The accelerator was created by the Canadian Trade Commissioner Service (TCS) with the support of the Canadian Space Agency (CSA) and Innovation, Science and Economic Development Canada (ISED).

“Congratulations to the ten Canadian companies selected for the program – they represent a diverse range of stages and technologies of the burgeoning space industry in Canada,” said Michael Willmott, Senior Trade Commissioner, Consulate General of Canada in Los Angeles, “this program will further already strong relationships between the Canadian and Southern California space ecosystems.

Source

Related Story

Reaction Dynamics: Preparing to Deliver More Cost-Effective and Timely Small Satellite Launches

Reaction Dynamics was founded in 2017 to develop a breakthrough hybrid propulsion launch technology. This technology will allow the company to offer highly cost-effective, reliable and eco-friendly launches. Reaction Dynamics will be launching a suborbital rocket in 2023 and offering small satellite launch services with its Aurora vehicle starting in 2024. 

Related Articles


Latest Articles

  • Guide to Synchronous Serial Interface (SSI) in Industrial Applications

    Guide to Synchronous Serial Interface (SSI) in Industrial Applications

    April 15, 2024 Synchronous Serial Interface (SSI) technology is a cornerstone in the realm of digital communication, particularly for conveying position and speed feedback from encoders in both rotary and linear forms. Known for its precision and resilience to noise interference, SSI plays a pivotal role in applications demanding high accuracy, such as in CNC… Read More…

  • Omron’ Advanced Safety Services 101

    Omron Offers Advanced Safety Services – What You May Not Know Yet April 10, 2024 In any industrial setting, safety is of the utmost importance. Omron Offers Advanced Safety Services to help you and your staff navigate the challenges of complex industry standards and compliance regulations. They also can provide machine safety technology to protect… Read More…


Featured Article

Revolutionizing Material Movement with Autonomous Mobile Robots

Revolutionizing Material Movement with Autonomous Mobile Robots

In today’s fast-paced manufacturing and logistics industries, the need for efficient and flexible material movement solutions has never been greater. Traditional methods like conveyor systems, forklifts, and manual pushcarts have served us well, but they come with limitations.

That’s why Omron is thrilled to announce the launch of their game-changing MD Series of Autonomous Mobile Robots (AMRs). Read more


Products