Canada

Canadian aerospace company NordSpace announced today the launch of NordSpace Ventures, a newly established division focused on investing in the space, defence, and dual-use technology sector. Its first portfolio member is an Edmonton space data company with one of the world’s most powerful satellite imaging arrays.

NordSpace announced its investment in Wyvern on Thursday, calling it an act of sovereignty-building between the two industry-aligned companies.

“The investment aligns two deeply complementary Canadian companies,” a release issued by NordSpace reads. “NordSpace is building the sovereign launch infrastructure and satellite systems to place and operate assets in orbit, while Wyvern is developing the sensing capabilities that give those assets purpose.”