Canadian Satellite Company CEO: Russian and Chinese Hypersonic Missile Threats Drive Space Defense Demand
Mike Greenley, CEO of Canadian satellite technology company MDA Space, stated that space defense systems are becoming increasingly necessary as Russia and China enhance their hypersonic missile capabilities. He noted that space-based systems can detect, track, and potentially intercept incoming missiles, at a cost no higher than other advanced defense technologies. The United States recently confirmed for the first time that it has deployed weapons in space, and President Donald Trump is planning to invest $185 billion in a ballistic missile interception system called "Golden Dome," while also calling for an increase in the US defense budget to $1.5 trillion by 2027.
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