Reaction Dynamics plans medium-lift Borealis rocket by 2031

Canada's Reaction Dynamics aims to launch its Borealis medium-lift rocket by 2031, carrying up to six tonnes to low Earth orbit. The company plans to raise about $350 million CAD and grow its workforce from 68 to 350 employees over five years.

• Borealis will carry up to six tonnes to LEO, like Falcon 9
• Plans to raise ~$350 million CAD across two rounds
• Headcount to grow from 68 to 350; footprint to 375,000 sq ft
• Light-lift Aurora rocket targeted for orbit in 2028