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Canadian space company MDA Ltd., whose shares also took off in trading on Aug. 11, will be the primary partner to manufacture the satellites resulting in “approximately US$2 billion in anticipated capital savings,” Telesat said in a press release. French-Italian manufacturer Thales Alenia Space was initially tapped to build the satellites and provide other infrastructure at a cost of US$5 billion.
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Company Plans to Offer Monthly Trips to Aspiring Space TouristsVirgin Galactic, along with Blue Origin and SpaceX, aims to become a leader in the space tourism sector by offering monthly trips to customers. The company recently launched its first group of space tourists from New Mexico's Spaceport, with the goal of inspiring others and overcoming financial challenges.
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