The company behind the Canso Spaceport Facility is on track to start construction by the end of this year. The goal is to put satellites into orbit for commercial purposes.
$200-million project could eventually see as many as 12 satellites blast into orbit per year.
Replacing its globe-circling fleet with 75 next-generation orbiters.
Says initial government review unearthed “no significant national security concerns.”
Replacing Iridium’s orbiting fleet with a next-generation constellation.
The satellites have GPS navigation receivers to measure the surface roughness of oceans to calculate wind speed, storm intensity.
Low-cost system would improve maritime awareness, safety and security.
Oil-rich OPEC member looks to diversify its economy and create skilled jobs for a growing youth population.