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Edmonton headquartered Wyvern says the $230 million attached to its Canada Investment Summit pitch is a full-program estimate, the entire cost of taking its satellite-imaging project from integration through commercial service, and confirms the figure hadn’t appeared in any earlier funding announcement.

Maritime Launch Services Inc (MLS) and Isar Aerospace have finalized the statement of work and programmatic milestones for a dedicated launch complex at Spaceport Nova Scotia. This shifts the agreement out of the planning phase and directly into execution. The completed framework satisfies a critical condition of the contract and meets an extended mid-September deadline.

The federal government is asking global investors to help finance four Canadian space-sector projects as part of the Canada Investment Summit that opened in Toronto on Monday. One company though has a CapEx figure we haven’t see publicly yet which is of interest. Prime Minister Mark Carney first announced the summit on April 17, pitching it as a way to help catalyze a trillion dollars in investment in Canada over five years.

A Russian Progress cargo ship undocked from the International Space Station on Sept. 8, wrapping up a resupply run that began when it launched from the Baikonur Cosmodrome in Kazakhstan in March 2026 carrying about three tons of food, fuel and supplies for the station’s crew. Progress 94 backed away from the station’s Poisk module at 11:18 a.m. EDT and, according to a NASA mission update, burned up in a planned, destructive re-entry over the South Pacific later that day.

Telesat rose 11.1 per cent to $69.01, the week’s largest gain, after the Ottawa satellite operator said on Sept. 8 that Farcast’s antenna technology had held a live link to a Telesat test satellite in orbit. The milestone clears a hurdle in a four-year partnership to build user terminals for Telesat’s Lightspeed broadband constellation. The shares have now risen 74.4 per cent since the start of the year. Telesat reports in Canadian dollars and is dual-listed on Nasdaq and the TSX under TSAT.

The Canadian government is moving to de-risk domestic quantum hardware supply chains by procuring $1.5 million in cryogenic amplifier technology from Qubic. The agreement is facilitated through the Innovation Solutions Canada (ISC) Testing Stream, and targets thermal bottlenecks that currently restrict the deployment of advanced RF sensors and scalable quantum computers. To scale quantum operations, operators must overcome severe thermal limitations.

MDA Space has launched a defence-focused variant of its software-defined satellite platform designed to capture a larger share of the global military communications market. The company said the new MDA Aurora Black product line introduces enhanced cyber and physical security features designed specifically for contested space-based operations and multi-domain defence architecture.

Halifax-based Galaxia has closed an oversubscribed $4.5 million Seed funding round to manufacture satellite hardware and orbital computing payloads. Quebec venture capital firm Amiral Ventures and provincial agency Invest Nova Scotia co-led the equity raise. This injection provides institutional capital for Galaxia to commercialize edge computing payloads designed for low-Earth orbit.

The Weekly Close is SpaceQ’s new weekly column on the public space economy published every Friday on the Canadian and U.S. companies, contracts and capital moving the sector. Each issue tracks the SpaceQ Canadian Space Index alongside sector benchmarks, the week’s biggest movers and a look at what’s coming up next week. Full details on how the index is built are on the methodology page. This debut issue covers the week ended Sept. 4, 2026 but does not include all the new features.

Version 1.0. Effective September 4, 2026. Any later change to weighting, base value, constituent rules or corrections policy requires a new version number and a note in The Weekly Close. The SpaceQ Canadian Space Index tracks the share-price performance of Canada’s publicly traded space-economy companies as a single number.