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Startup · Canada

Canada Rocket Company

HQ Toronto, CanadaFounded 202611-50 employeesUpdated

Canada Rocket Company is building sovereign launch with reusable methalox rockets.

StartupSpace, launch and counterspace
Website
Total raised
~$4.5M
2 rounds
Last round
~$6.1M
Grant · Mar 17, 2026
Systems
2
Capabilities
1

Funding2 rounds · ~$4.5M

Equity raised
~$4.5M
Debt, secondaries & grants
~$6.1M
Latest
~$6.1MGrant · Mar 17, 2026

Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.

Systems2

  • E-1A methalox gas-generator-cycle rocket engine.
    —
  • R-2A reusable medium-lift launch vehicle.
    —

Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.

Capabilities1

  • Space, launch and counterspace
    Developer
    classify_sectors run 37, haiku, taxonomy 2026-10-18b: Builds reusable methalox launch rockets for sovereign launch, with no defense use explicitly stated.
    —Reported

Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.

People1

All 1 people →
People
PersonRole
Hugh Kolias · LinkedIn ↗CEO & Co-Founder

More in Space, Launch and Counterspace

All organizations in Space, launch and counterspace →

Sources8

Profile3

  1. 1
    DatabaseCanada Rocket Company - PitchBook company profile

    PitchBook · Supports Organization · employee range, Organization · founded year, Organization · linkedin url

    “employee_range: 11-50 (profile: 34)”
  2. 2
    DatabaseSixth-Domain public startups directory

    Sixth-Domain · Supports Organization · country, Organization · kind

    “{"country": "Canada", "hq_iso2": "CA", "id": "65ef3165-5038-4554-a060-0e6f91e269e8"}”
  3. 3
    DatabaseCanada Rocket Company - LinkedIn company profile

    LinkedIn · Supports Organization · employee range, Organization · hq city, Organization · linkedin url

    “employee_range: 11-50 (profile: 11-50 employees)”

Systems1

  1. 4
    CompanyCanada Rocket Company

    Canada Rocket Company · Supports Organization · description, Organization · name, Organization · website, System

    “Canada Rocket Company is building sovereign launch with reusable methalox rockets. Backed by top Canadian VCs and entrepreneurs, we are repatriating and developing world-class Canadian talent to secure our nation’s future in the global space economy.”

Funding3

  1. 5
    NewsBDC steps up its defence-sector footprint

    GlobeNewswire · Jan 27, 2026 · Supports Funding round · amount, Organization · ownership

    “$6.2M CAD seed round”
  2. 6
    NewsCanadian Launchers and Spaceport Get Funding Boost

    Payload · Supports Funding round · amount

    “Canada also selected three unflown orbital-rocket systems to receive a conditional $8.3M CDN (~$6M) each in development funds”
  3. 7
    NewsCanada Rocket Company enters the Launch the North sweepstakes and raises $6.2M in seed round

    SpaceQ · Supports Funding round

    “the seed round was co-led by the Business Development Bank of Canada (BDC) and Garage Capital, and included participation from Ripple Ventures, Panache Ventures, Northside Ventures, and Cold Capital.”

People1

  1. 8
    DatabaseCanada Rocket Company - Crunchbase company profile

    Crunchbase · Supports Organization · hq city, Organization · linkedin url, Role

    “hq_city: Toronto”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.