Latest news with #SIAE
Deccan Herald
18 hours ago
- Business
- Deccan Herald
HAL enters into agreement with SAE for production of LEAP engine parts at Paris Air Show
Paris Air Show, organised by SIAE, a subsidiary of the French Aerospace Industries Association (GIFAS), is the largest event in the industry, bringing together stakeholders from around the world. This year it is being held from June 16 to June 22.
Cision Canada
2 days ago
- Business
- Cision Canada
Reaction Dynamics Raises CAD $14M in Series A, Reaches CAD $38M in Total Funding Français
A patented propulsion technology positions Reaction Dynamics as a leader in dedicated orbital launch services, rapid replenishment, and reconstitution of satellite constellations. This funding accelerates the path to the company's first suborbital demonstration flight and the commercialization of its launcher, aimed at commercial and defense satellite markets. LE BOURGET, France, June 18, 2025 /CNW/ - Reaction Dynamics, a Canadian aerospace company based in Québec, announces the closing of its CAD $14 million Series A funding round. This round supports the next phase of development of its hybrid propulsion system, with a first suborbital demonstration flight planned for this winter. The announcement was made at the 2025 International Paris Air Show (SIAE) in Le Bourget. Reaction Dynamics is redefining access to space with a new generation of hybrid launchers. Its technology, designed for deployment from mobile launch infrastructure, offers unprecedented operational flexibility. This innovation serves the commercial sector by enabling fast and efficient replenishment and reconstitution of constellations. It also supports national security applications, including hypersonic platforms. Its hybrid propulsion system, combining solid fuel and liquid oxidizer, stands out for its simplicity, safety, and operational flexibility. The innovative rocket engine drastically simplifies the propulsion architecture, comprising only about a dozen parts compared to nearly 15,000 in traditional liquid-fueled engines. This type of fuel and oxidizer eliminates explosion risks, increasing safety during both ground and flight operations. Reaction Dynamics' Aurora-8 rocket targets the growing market of small satellites under 200 kilograms, offering affordable, rapid, and precise launches into targeted orbits. The company aims to serve both commercial and defense markets. Since its founding in 2017, Reaction Dynamics has successfully completed all major validation milestones of its now-patented technology, with full-system testing underway and a maiden flight expected this winter. This new investment adds to a CAD $10 million grant from the Government of Québec announced last week, as well as previous seed funding, tax credits, and other public support, bringing the total funds raised to date to CAD $38 million. This substantial injection marks a turning point in the company's growth, allowing it to accelerate operations and scale its launch solutions internationally, at a time when space sovereignty is emerging as a strategic national issue. Quote: "We have a clear growth trajectory, with engine testing underway to validate our hybrid propulsion system. A suborbital demonstration flight is scheduled for this winter – a key milestone to demonstrate our technology under real conditions, even though engine reliability is already proven. This funding round will move us closer to commercial deployment and solidify our role as a key player in the Quebec and Canadian space ecosystem," said Bachar Elzein, CEO and CTO of Reaction Dynamics. About Reaction Dynamics Reaction Dynamics is a Quebec-based aerospace company founded in 2017 and headquartered in Longueuil. It specializes in the design of hybrid rockets. With its patented technology that simplifies and secures space launches, Reaction Dynamics offers flexible, cost-effective solutions to quickly deploy small commercial and defense satellites into orbit. The company is contributing to building a dynamic space sector in Quebec while addressing the growing global demand for rapid, on-demand access to space.
Yahoo
2 days ago
- Business
- Yahoo
Reaction Dynamics Raises CAD $14M in Series A, Reaches CAD $38M in Total Funding
A patented propulsion technology positions Reaction Dynamics as a leader in dedicated orbital launch services, rapid replenishment, and reconstitution of satellite constellations. This funding accelerates the path to the company's first suborbital demonstration flight and the commercialization of its launcher, aimed at commercial and defense satellite markets. LE BOURGET, France, June 18, 2025 /CNW/ - Reaction Dynamics, a Canadian aerospace company based in Québec, announces the closing of its CAD $14 million Series A funding round. This round supports the next phase of development of its hybrid propulsion system, with a first suborbital demonstration flight planned for this winter. The announcement was made at the 2025 International Paris Air Show (SIAE) in Le Bourget. Reaction Dynamics is redefining access to space with a new generation of hybrid launchers. Its technology, designed for deployment from mobile launch infrastructure, offers unprecedented operational flexibility. This innovation serves the commercial sector by enabling fast and efficient replenishment and reconstitution of constellations. It also supports national security applications, including hypersonic platforms. Its hybrid propulsion system, combining solid fuel and liquid oxidizer, stands out for its simplicity, safety, and operational flexibility. The innovative rocket engine drastically simplifies the propulsion architecture, comprising only about a dozen parts compared to nearly 15,000 in traditional liquid-fueled engines. This type of fuel and oxidizer eliminates explosion risks, increasing safety during both ground and flight operations. Reaction Dynamics' Aurora-8 rocket targets the growing market of small satellites under 200 kilograms, offering affordable, rapid, and precise launches into targeted orbits. The company aims to serve both commercial and defense markets. Since its founding in 2017, Reaction Dynamics has successfully completed all major validation milestones of its now-patented technology, with full-system testing underway and a maiden flight expected this winter. This new investment adds to a CAD $10 million grant from the Government of Québec announced last week, as well as previous seed funding, tax credits, and other public support, bringing the total funds raised to date to CAD $38 million. This substantial injection marks a turning point in the company's growth, allowing it to accelerate operations and scale its launch solutions internationally, at a time when space sovereignty is emerging as a strategic national issue. Quote: "We have a clear growth trajectory, with engine testing underway to validate our hybrid propulsion system. A suborbital demonstration flight is scheduled for this winter – a key milestone to demonstrate our technology under real conditions, even though engine reliability is already proven. This funding round will move us closer to commercial deployment and solidify our role as a key player in the Quebec and Canadian space ecosystem," said Bachar Elzein, CEO and CTO of Reaction Dynamics. About Reaction Dynamics Reaction Dynamics is a Quebec-based aerospace company founded in 2017 and headquartered in Longueuil. It specializes in the design of hybrid rockets. With its patented technology that simplifies and secures space launches, Reaction Dynamics offers flexible, cost-effective solutions to quickly deploy small commercial and defense satellites into orbit. The company is contributing to building a dynamic space sector in Quebec while addressing the growing global demand for rapid, on-demand access to space. SOURCE Reaction Dynamics Lab Inc. View original content:
LeMonde
23-05-2025
- Politics
- LeMonde
NGOs file legal action against Paris Air Show for showcasing Israeli companies
The 55 th edition of the Paris Air Show, set to take place from June 16 to 22 at the Parc des Expositions in Paris, has come under pressure amid heightened international tensions. Following the lead of 145 organizations, parties, collectives and unions, the leaders of the left-wing groups on the Seine-Saint-Denis departmental council, backed by Socialist president of the administrative department Stéphane Troussel, called on for Israeli companies to be excluded from the Paris Air Show on Monday, May 19, given the war crimes committed by Israel in Gaza. Alongside these calls, two emergency legal complaints were filed against SIAE, a subsidiary of the French Aerospace Industries Association (GIFAS), which organizes the biennial show. The first complaint accuses SIAE of promoting and allowing the participation of companies, delegations and intermediaries suspected of being directly or indirectly involved in international crimes (war crimes, crimes against humanity and genocide) in the Palestinian territories. The complaint is being brought by the organizations Al-Haq, French Jewish Union for Peace (UJFP), Attac, Stop Fueling War (SFW) and Survie. The second complaint accuses SIAE of promoting and allowing the participation of companies that indirectly fuel the conflicts in Ukraine and Sudan through arms deliveries to third-country firms such as those in the United Arab Emirates. It was supported by the same organizations except for Al-Haq and UJFP.
