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NordSpace lands C$10M grant to advance Canadian spaceport

What's the deal? NordSpace CorpDealroom has a profile for this one. Try Dealroom → has secured C$10 million ($7 million) in combined private and public capital to advance the Atlantic Spaceport Complex, its commercial launch facility in Canada. The financing was announced in August 2026.

What's the endgame? The Ontario-based company is building a sovereign space launch site — the Atlantic Spaceport Complex — to give Canada its own path to orbit. The fresh capital is aimed at hastening work on the commercial spaceport.

Why now? The push reflects a broader drive to establish domestic launch capability rather than rely on foreign providers. "Canada's push to build a sovereign space launch facility" has gained momentum as the company moves to accelerate construction.

The signal: The grant ranks among the larger deep tech funding events in Canada, sitting in the 92nd percentile by amount across 581 comparable rounds. That scale underlines how much capital sovereign launch infrastructure demands — and the appetite, public and private, to back it.

Read more: spacetoday.net

Image credit: NASA Goddard Photo and Video

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