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Telesat Reports Results for the Quarter and Year Ended December 31, 2012

Telesat Reports Results for the Quarter and Year Ended December 31, 2012 | More Commercial Space News | Scoop.it

OTTAWA, Feb. 21, 2013 (GLOBE NEWSWIRE) -- Telesat Holdings Inc. ("Telesat") today announced its financial results for the three month and one year periods ended December 31, 2012.

 

For the year ended December 31, 2012, Telesat reported consolidated revenues of $846 million, an increase of approximately 5% ($37 million) compared to 2011. When adjusted for foreign exchange rate changes, revenue increased by 4% ($36 million) compared to 2011. Revenue growth was driven, in part, by the successful deployment of the Nimiq 6 satellite in the second quarter of 2012 and a full year of revenue from the Canadian payload on the ViaSat-1 satellite, which entered commercial service in December 2011. Operating expenses of $245 million were 31% ($58 million) higher than in 2011 or 30% ($57 million) higher when taking into account changes in foreign exchange rates. Excluding one-time items totaling $54 million related primarily to special compensation payments to executives and certain employees in connection with the cash distributions made to Telesat's shareholders, 2012 operating expenses were just $4 million (2%) higher than in 2011. Adjusted EBITDA1 was $656 million, an increase of 5% ($33 million) over 2011. The Adjusted EBITDA margin1 for 2012 was 78% compared to 77% for 2011...

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A supplement to the Commercial Space Blog (http://acuriousguy.blogspot.com)
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Apples and oranges: Why comparing India’s reusable launch vehicle with the space shuttle is totally out of place | The Space Review

Apples and oranges: Why comparing India’s reusable launch vehicle with the space shuttle is totally out of place | The Space Review | More Commercial Space News | Scoop.it

On Monday, the Indian space agency ISRO flew its first reusable launch vehicle technology demonstrator vehicle on a brief suborbital flight. Kiran Krishnan Nair argues that while the flight is a step forwards towards an RLV, its importance has been overhyped, particularly in the Indian media...


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Next Big Future: ORNL laser method could dramatically reduce cost of carbon fiber polymer composites for lightweight and more energy efficient cars

Next Big Future: ORNL laser method could dramatically reduce cost of carbon fiber polymer composites for lightweight and more energy efficient cars | More Commercial Space News | Scoop.it
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The Commercial Space Blog: India is also Building Reusable Spacecraft

The Commercial Space Blog: India is also Building Reusable Spacecraft | More Commercial Space News | Scoop.it
For those who believe that only the Americans and Elon Musk should be building high-tech spaceships, it's worth noting that the Indian Space Research Organization (ISRO) has just completed the first flight test of a small, shuttle like and reusable "space plane." 

 It's hard to believe that, as recently as 2010, Canada was considered to have a stronger and more competitive space industry...
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From the Classroom to the Stratosphere: A First in Canada

From the Classroom to the Stratosphere: A First in Canada | More Commercial Space News | Scoop.it
Thanks to the Stratos program, students from Sir Wilfrid Laurier School in Calgary are preparing an experiment set to fly on a stratospheric balloon from Kiruna, Sweden, in September 2016...
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Space Flight Laboratory Canada - Smaller satellites big performances - Geospatial World

Space Flight Laboratory Canada - Smaller satellites big performances - Geospatial World | More Commercial Space News | Scoop.it
The Space Flight Laboratory (SFL) develops complete space missions for international customers with high performance demands but tight budgets and short schedules. For over 17 years, SFL has been pushing the performance envelope by building big satellite performance into smaller satellites. By doing this, SFL intends to not simply be disruptive, but to continually set the high bar of what is achievable in smaller packages and lower than expected cost...
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It's good to see Bob Zee from UTIAS SFL finally able to talk about his satellites. 
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Report: UK Spaceport Competition Scrapped

Report: UK Spaceport Competition Scrapped | More Commercial Space News | Scoop.it

The Herald reports the UK Department for Transport (DfT) has scrapped a competition to select a single spaceport in favor of a licensing process that would enable multiple locations to apply to host launches. 


The newspaper obtained a copy of a letter sent to spaceport competitors...

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Eutelsat forecast sends shivers through satellite markets - SpaceNews.com

Eutelsat forecast sends shivers through satellite markets - SpaceNews.com | More Commercial Space News | Scoop.it

Satellite fleet operator Eutelsat on May 12 delivered a multiple-warhead bomb to its investors, and by extension to the entire fixed satellite services industry, slashing revenue forecasts on weakness in its data transmissions, U.S. military, consumer broadband and Latin American operations and even in its gilded Hot Bird direct-to-home television business in Europe...

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Record-breaking quarter: 2016 Canadian VC investment nearly doubles 2015 results | CVCA News

Record-breaking quarter: 2016 Canadian VC investment nearly doubles 2015 results | CVCA News | More Commercial Space News | Scoop.it
May 18, 2016 – Toronto, ON – Record high Q1 venture capital investment of $838 million – nearly double the amount in the same quarter of 2015 – builds on the past few years of growth and highlights a continuing shift towards private investment in innovation and growth. 

The dramatic increase was primarily driven by larger deals. The top five disclosed deals in Q1 2016 accounted $336 million, or 40 per cent of the total disbursements. In comparison, the top five disclosed deals in Q1 2015 received approximately $100 million, 24 per cent of total disbursements of $419 million...
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A Tale of Two Prizes

A Tale of Two Prizes | More Commercial Space News | Scoop.it
Two major flight-related anniversaries are being celebrated this week. 

Today marks the 89th anniversary of Charles Lindbergh’s historic solo flight across the Atlantic aboard the Spirit of St. Louis. Lucky Lindy took off from New York on this date and arrived in Paris some 33.5 hours later, claiming the $25,000 Orteig Prize. 

Wednesday was the 20th anniversary of the launch of X Prize (later Ansari X Prize). Inspired by the Orteig Prize, it offered $10 million for the first privately build vehicle to fly to suborbital space twice within two weeks. The Ansari X Prize was won in October 2004 by a team led by Burt Rutan and Paul Allen with SpaceShipOne...
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Industry Group launches Canadian Government R&D Accelerator Campaign

Industry Group launches Canadian Government R&D Accelerator Campaign | More Commercial Space News | Scoop.it

Ottawa -- CATAAlliance (www.cata.ca), Canada’s One Voice for Innovation Lobby Group called upon the Canadian government, led by Navdeep Singh Bains, federal Minister of Innovation, Science and Economic Development to create a Canadian Government R&D Accelerator to launch startups that want to commercialize R&D created by Canadian federal government scientists, engineers and technologists...

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Toronto Team named top 25 global finalist for NASA Space Apps 

Toronto Team named top 25 global finalist for NASA Space Apps  | More Commercial Space News | Scoop.it
May 18, 2016, Toronto, Ontario, Canada: Toronto team Kid On The Moon is on a mission – to inspire the next generation of space explorers. They just took one small step closer as the Top 25 global finalists were announced this week for the NASA Space Apps Challenge. Kid On The Moon was named as a Top 5 Finalist in the “Most Inspirational” project category, and is proud to be representing Toronto and Canada in the international competition. 

On the weekend of April 22–24, 2016, developers, makers, engineers, and entrepreneurs took on NASA-designed challenges, creating a diverse range of solutions. Over 15,000 people world-wide took part in the 2016 NASA Space Apps Challenge, with 1,287 projects produced...
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A successful hypersonic test flight in the Aussie Outback

A successful hypersonic test flight in the Aussie Outback | More Commercial Space News | Scoop.it
A SUCCESSFUL test flight of an experimental rocket has further cemented South Australia’s place in the international space industry. 

Launched from the Woomera Test Range in the heart of the South Australian outback, the rocket reached an apogee of 278 km, achieving the targeted speed of Mach 7.5 (seven and a half times the speed of sound). 

The experimental flight was undertaken as part of a joint research program, HIFiRE (Hypersonic International Flight Research Experimentation Program) being conducted by the Defence Science and Technology Group and the US Air Force Research Laboratory with Boeing and the University of Queensland providing expert technical design and analysis...
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How to Watch Jeff Bezos' Transformers Conference Today

How to Watch Jeff Bezos' Transformers Conference Today | More Commercial Space News | Scoop.it
Jeff Bezos has transformed The Washington Post since purchasing the newspaper for $250 million in 2013. Now, the paper is spotlighting him and a host of other big deal business and government leaders with its first “Transformers” conference today. If you’re looking for a heavy dose of Silicon Valley futurism from the comfort of your cubicle or phone, a livestream of the entire conference is available at wapo.st/transformers...
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Next Big Future: Discovery of new catalyst materials for lithium-air batteries could enable batteries with five times the energy density of lithium ion batteries

Next Big Future: Discovery of new catalyst materials for lithium-air batteries could enable batteries with five times the energy density of lithium ion batteries | More Commercial Space News | Scoop.it
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M3MSat, derailed by sanctions in 2014, now back on track for launch; SpaceNews.com

M3MSat, derailed by sanctions in 2014, now back on track for launch; SpaceNews.com | More Commercial Space News | Scoop.it

VICTORIA, British Columbia — The Canadian government will put a maritime monitoring microsatellite into orbit in June on an Indian rocket, two years after it scuttled an earlier launch because of its sanctions against Russia. 


The Maritime Monitoring and Messaging Microsatellite (M3MSat), built by Honeywell’s Com Dev but owned by Canada’s Department of National Defence, had been scheduled for launch on board a Russian rocket in June 2014. 


But after Russia annexed the Crimea and supported separatists in that part of Ukraine, the Canadian government halted the launch...

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India’s shuttle-like reusable spaceplane makes its first test flight

India’s shuttle-like reusable spaceplane makes its first test flight | More Commercial Space News | Scoop.it
For the last several years, India has been making steady progress with its space program, including the successful insertion of a spacecraft into Mars orbit in 2014, something previously only the United States, Soviet Union, and the European Space Agency had accomplished. 

Now the second-most populous country in the world has taken its first significant step toward developing a reusable launch vehicle. 

On Monday, the country's space program launched a winged body aerospace vehicle on its maiden test flight from the Satish Dhawan Space Center on the east coast of India. The Indian Space Research Organization, or ISRO, declared the test flight a success.
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Aerospace innovation to take off at Downsview Park | Skies Magazine

Aerospace innovation to take off at Downsview Park | Skies Magazine | More Commercial Space News | Scoop.it

Not only is Downsview historically significant to aerospace, it provides adequate space for research, testing and development of aircraft and equipment that most schools are lacking...

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Car crashes, curses, and carousing—the story of the second Soviet in space

Car crashes, curses, and carousing—the story of the second Soviet in space | More Commercial Space News | Scoop.it
The recklessness and bravado of the first seven Mercury astronauts are immortalized in the 1979 Tom Wolfe book (and 1983 film) The Right Stuff. You'd think the Soviet space program wouldn't have tolerated such misbehavior—early cosmonauts were supposed to represent the superiority of the Communist system, after all—but you'd be wrong. And this reality is best understood through the story of Gherman Stepanovich Titov, the Soviet Union's second man in space...
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The Commercial Space Blog: The 2016 Listing of Canadian Space Advocates, Activists and Otherwise Associated Groups

The Commercial Space Blog: The 2016 Listing of Canadian Space Advocates, Activists and Otherwise Associated Groups | More Commercial Space News | Scoop.it
There are a lot of space advocates in Canada. 

Some of them are affiliated with academic institutions. Others are wrapped around ideas such as the "open source" development of space missions/ equipment or "working in space" or something else. 

A few are tied to activities where the members actually have to accomplish something, such as launching rockets, building satellites, raising money for scientific research or some other activity. Normally, this last group is the sanest, because of the practical requirements needed to accomplish something, which tends to overwhelm the dreamers.

With that in mind, below is a representative sampling of some of the more interesting Canadian examples of space advocates, activists and their associated groups. 

Enjoy...
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Mars Expected to Reach Closest Distance to Earth In Over a Decade

Mars Expected to Reach Closest Distance to Earth In Over a Decade | More Commercial Space News | Scoop.it

According to NASA, on Sunday (May 22), Mars will be in opposition, meaning the Sun and Mars will be on opposite sides of Earth. Mars will appear to rise in the east at around sunset and set in the west just at daybreak and its sunlit side will be visible all night long to astronomers and stargazers. 


Then, on May 30, Mars will be just 46.8 million miles away from Earth, the closest it’s been in 11 years.

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Orbital ATK Proposes Man-Tended Lunar-Orbit Outpost by 2020 for Link Up with NASA’s Orion | Universe Today

Orbital ATK Proposes Man-Tended Lunar-Orbit Outpost by 2020 for Link Up with NASA’s Orion | Universe Today | More Commercial Space News | Scoop.it

Orbital ATK has unveiled a practical new proposal to build a near term man-tended outpost in lunar orbit that could launch by 2020 and be operational in time for a lunar link-up with NASA’s Orion crew module during its maiden mission, when American astronauts finally return to the Moon’s vicinity in 2021 – thus advancing America’s next giant leap in human exploration of deep space.

The intrepid offer by Orbital could be carried out rather quickly because it utilizes an evolved version of the company’s already proven commercial Cygnus space station resupply freighter as “the building block … in cislunar space,” said Frank DeMauro, Orbital ATK Vice President for Human Spaceflight Systems, in an exclusive interview with Universe Today. See an artist concept in the lead image...


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Next Big Future: Nuclear Fusion comany Tri-alpha Energy has raised $500 million to make a prototype reactor in the 2020s

Next Big Future: Nuclear Fusion comany Tri-alpha Energy has raised $500 million to make a prototype reactor in the 2020s | More Commercial Space News | Scoop.it
Tri Alpha Energy, nuclear fusion startup, has raised $500 million. Tri Alpha’s setup borrows some of the principles of high-energy particle accelerators, such as the Large Hadron Collider, to fire beams of plasma into a central vessel where the fusion reaction takes place. Last August the company said it had succeeded in keeping a high-energy plasma stable in the vessel for five milliseconds—an infinitesimal instant of time, but enough to show that it could be done indefinitely. Since then that time has been upped to 11.5 milliseconds...
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Astrophysicist John Hutchings is the 2016 recipient of the Chapman Award of Excellence

Astrophysicist John Hutchings is the 2016 recipient of the Chapman Award of Excellence | More Commercial Space News | Scoop.it
He's shown here with CSA astronaut David Saint-Jacques...
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Britain's first sub-orbital spaceport: who will use it and where will it be?

Britain's first sub-orbital spaceport: who will use it and where will it be? | More Commercial Space News | Scoop.it

The mock-up published by the UK Government imagining what a British spaceport will look like ticks every box on the science fiction ‘must have’; surprising architecture, futuristic spaceplanes, open countryside and no clutter or crowds. 


It’s entirely speculative but the artist wasn’t getting completely carried away. Something similar to this will be built in Britain sometime after 2018, giving the country and early lead in sub-orbital travel. A decade from now, spaceplanes could be taking off from it carrying paying passengers...

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European Space Agency renews Lenovo deal as it aims to map the Milky Way

European Space Agency renews Lenovo deal as it aims to map the Milky Way | More Commercial Space News | Scoop.it
The European Space Agency (ESA) has renewed a deal with Lenovo to support an attempt to map almost one billion stars in the Milky Way. 

The ESA began the Gaia Project in 2013 to try to build up the most complete picture of the Milky Way to date by creating a map of the region...
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