Laboratoire Reaction Dynamics Inc.
Launching satellites is an expensive and unreliable process, yet demand for microsat launch services increases year after year. 

Reaction Dynamics is pioneering a revolutionary, inherently safe type of propulsion system. This technology demonstration aims to develop the competencies necessary to use hybrid rocket engines in launch vehicles, and build and operate launch vehicles reliably. Additionally, other systems for supporting space launch operations, such as ground infrastructure, supply chains, avionics and communication systems, will be developed. Within this proposal, Reaction Dynamics hopes to launch the flight demonstration vehicle to an altitude of at least 100 km by early to mid-2020. Starting as early as 2023, the company aims to jump-start an orbital satellite launch service in Canada, targeting the emerging market of CubeSats, microsats as well as Earth observation missions.