Galaxia Takes Another Leap Forward in Canadian Space Exploration with the Launch of MÖBIUS -1
HALIFAX, NS, /CNW/ - Galaxia is thrilled to announce the launch of MÖBIUS-1 on Monday June 23, 2025. This is a groundbreaking moment for satellite development and the Canadian space industry. MÖBIUS -1 was deployed into orbit by SpaceX Falcon-9 rocket as part of the Transporter 14 mission.
MÖBIUS ™'s platform and unique status as a software-defined satellite (SDS) differentiates it from traditional hardware and is the first virtual satellite as a service platform that has ever launched. The platform allows clients to adapt their observation goals and provide real-time data. As part of the Launch and Early Orbit Phase (LEOP) Galaxia's Space Command and Control Team has begun tracking and communicating with the spacecraft to ensure the satellite is in a stable orbit and will be ready for operation soon.
With previous heritage in spaceborne systems, this launch marks Galaxia's first dedicated deployment of its proprietary software-defined satellite architecture. MÖBIUS-1 is not only the first commercial satellite to be built and launched in Atlantic Canada, but also a foundational step toward the first fully virtualized satellite system, similar to cloud computers on Earth. Designed to support MissionOne, Galaxia's turnkey space service, MÖBIUS-1 enables clients to deploy, update, and operate custom applications from Earth, using cloud-like infrastructure. From AI model execution to edge-based data analysis, MÖBIUS-1 makes advanced space capabilities accessible without requiring clients to build, launch, or directly manage their own satellites, lowering barriers, reducing latency, and dramatically accelerating time to orbit.
Arad Gharagozli, CEO of Galaxia emphasized that "Our MÖBIUS platform turns satellites into smart, cloud-like platforms - updatable, intelligent, and sovereign by design." Galaxia's innovation and independence in Canadian space construction has been a tireless journey, and MÖBIUS -1 represents the culmination of such efforts. Arad added, this is just the beginning- MÖBIUS and it's derivatives will soon fill mission-critical gaps across sovereign defense and commercial markets."
Built with Canadian software and hardware and operated through domestic ground infrastructure, MÖBIUS-1 enhances national sovereignty by enabling real-time, proactive monitoring, detection, and response to emerging threats, both commercial and defense-related. Its Earth Observation capabilities support a diverse range of applications including maritime security, tracking dark vessels and combating illegal fishing operations. As Canada builds toward independent space infrastructure, Galaxia is leading the charge, delivering scalable, intelligent systems that strengthen national defense and technological self-reliance.
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Cision Canada
24 minutes ago
- Cision Canada
Collective Mining Discovers a New Copper-Silver Rich Sub-Zone in Apollo, Intersecting 114.40 metres at 4.14 g/t Gold Equivalent
A new high–grade sub-zone ("HZ2"), enriched in copper and silver, has been discovered in the Apollo system. HZ2, which remains open for expansion, is the second high-grade sub-zone found by the Company with assay results as follows: 114.40 metres @ 4.14 g/t AuEq (1.06 g/t Au, 150 g/t Ag and 0.64% Cu) including; 57.25 metres @ 5.64 g/t gold equivalent (1.22 g/t Au, 221 g/t Ag and 0.89% Cu) in APC107-D5. 159.05 metres @ 3.01 g/t AuEq (1.19 g/t Au, 98 g/t Ag and 0.43% Cu) including; 59.25 metres @ 5.01 g/t gold equivalent (1.63 g/t Au, 196 g/t Ag and 0.68% Cu) in APC107-D4. The original high-grade gold-rich sub-zone ("HZ1") first announced by the Company on December 16, 2024, has been extended 50 metres to the west by hole APC107-D2, which cut: 67.50 metres @ 5.38 g/t AuEq within 377.85 metres @ 2.13 g/t gold equivalent. HZ1 now has dimensions of 230 metres of strike, 70 metres in thickness and over 180 metres vertical and includes previously announced intercepts of 150.55 metres @ 6.16 g/t AuEq (APC104-D1) and 106.35 metres @ 9.05 g/t AuEq (APC104-D5) (see press releases dated December 16, 2024, and February 24, 2025). HZ1 remains open in most directions. A potential third high-grade sub-zone, which requires follow-up confirmation drilling, has been intersected northwest of HZ2 in drill hole APC107-D3 as follows: 123.75 metres @ 3.03 g/t AuEq (1.24 g/t Au, 91 g/t Ag and 0.43% Cu). The Company continues to target up to 11 potential high-grade sub-zones throughout the top 1,000 metres of the Apollo system with a goal of further improving the overall grade (and total mineral inventory). TORONTO, June 24, 2025 /CNW/ - Collective Mining Ltd. (NYSE: CNL) (TSX: CNL) ("Collective" or the "Company") is pleased to announce further assay results for five directional diamond drill holes from its ongoing drilling program designed to discover and outline high-grade sub-zones within the bulk tonnage Au-Ag-Cu-W Apollo system ("Apollo"). Apollo is the most advanced discovery made to date within the Company's multi-target, Guayabales Project in Caldas, Colombia. The Company currently has nine drill rigs operating as part of its fully funded 70,000 metre drill program for 2025 with seven rigs operating at the Guayabales Project and two rigs turning at the San Antonio Project. Two additional deep capacity rigs are being mobilized to the Guayabales Project to resume testing the high-grade Ramp Zone located at the bottom of the Apollo system in Q3, 2025. The 2025 objectives for the portion of the drilling program targeting the Apollo system are: Drill test newly modeled high-grade sub-zone targets scattered throughout the top 1,000 vertical metres from surface to improve the grade profile (and size) of the system. Grow the overall dimensions of the system by expanding vertically and laterally the recently discovered high-grade Ramp Zone and northern extension. Expand and define the area of outcropping/shallow mineralization and test many drilling gaps within the internal block model from surface to a depth of 150 metres. Approximately 125,500 metres of diamond drilling has been completed to date at the Guayabales Project, including 87,000 metres at Apollo. There are currently twenty-five drill holes in the lab with assay results for most of these holes expected in the near term. Ari Sussman, Executive Chairman commented: "Apollo continues to deliver in terms of size and grade. The discovery of HZ2 is pleasing as this zone is surprisingly rich in copper and silver over bulk tonnage drilled widths. If we continue to discovery new sub-zones of higher-grade mineralization within Apollo, the overall grade of the system will increase and will give us excellent mining flexibility to incorporate into future mine scenarios. The next few months are going to be exciting as we are on the cusp of accelerating our largest greenfield drilling program in the Company's history at the Guayabales and San Antonio projects. Up to four rigs will be drilling grassroot targets at Guayabales hunting for another Apollo system and up to an additional three rigs will be turning at San Antonio in search of a large bulk tonnage porphyry system. We believe there is another major discovery to be made between the two projects and our team is ready to deliver on this challenge." To watch a video of David Reading, Special Advisor to the Company and QP under NI43-101 explain today's results please click on the link here. Details (see Table 1 and Figures 1-4) A series of five directional drill holes, from new mother hole APC-107D (Pad17), continue to discover and outline high-grade sub-zones at shallow elevations in Apollo. New High-Grade Sub-Zone Discovery 2 ("HZ2") Holes APC107-D4 and APC107-D5 were drilled at the southern margin of the Apollo system and discovered a new high-grade sub-zone rich in copper and silver ("HZ2"). The following intercepts are highlighted for new high-grade sub-zone HZ2: APC107-D4 intercepted 159.05 metres @ 3.01 g/t gold equivalent (1.19 g/t gold, 98 g/t silver and 0.43% copper) from 48.50 metres including: 59.25 metres @ 5.01 g/t gold equivalent (1.63 g/t gold, 196 g/t silver and 0.68% copper) from 91.85 metres APC107-D5 intersected 114.40 metres @ 4.14 g/t gold equivalent (1.06 g/t gold, 150 g/t silver and 0.64% copper) from 172.95 metres including: 57.25 metres @ 5.64 g/t gold equivalent (1.22 g/t gold, 221 g/t silver and 0.89% copper) from 210.10 metres HZ2 is open to the northeast and vertically with further follow up drilling planned. High-Grade Sub-Zone 1 ("HZ1") Drill hole APC107-D2 has also extended the first discovered and primarily gold rich, high-grade sub-zone HZ1 by 50 metres to the west by intercepting: 67.50 metres @ 5.38 g/t gold equivalent within 377.85 metres @ 2.13 g/t gold equivalent (1.40 g/t gold, 37 g/t silver and 0.21% copper) HZ1 now has dimensions of 230 metres of strike, 70 metres in thickness and over 180 metres vertical and includes previously announced intercepts of 150.55 metres @ 6.16 g/t AuEq in APC104-D1 and 106.35 metres @ 9.05 g/t AuEq in APC104-D5 (press releases dated December 16, 2024, and February 24, 2025) Drillhole APC107-D3 was drilled westward and intersected a potential third, high-grade sub-zone, to the west of HZ2 by intercepting: 123.75 metres @ 3.03 g/t gold equivalent from 156.45 metres including: 20.20 metres @ 5.15 g/t gold equivalent from 181.00 metres and 18.55 metres @ 3.87 g/t gold equivalent from 236.50 metres 49.30 metres @ 2.23 g/t gold equivalent from 336.65 metres Follow up drilling is required to see if this potential new high-grade subzone extends to the north and vertically where it is open for expansion. Hole APC107-D1 was an infill hole into a gap in the block model and successfully intersected mineralization at a similar grade profile to the internal block model as follows: 353.50 metres @ 1.94 g/t gold equivalent from 61.60 metres including: 27.60 metres @ 3.01 g/t gold equivalent from 61.60 metres and 30.05 metres @ 2.98 g/t gold equivalent from 217.95 metres and 32.75 metres @ 2.20 g/t gold equivalent from 361.45 metres A significant backlog of drill holes are in the lab with results expected to be released consistently for the remainder of the year. Table 1: Assays Results for Drill Holes APC107-D1, APC107-D2, APC107-D3, APC107-D4 and APC107-D5 *AuEq (g/t) is calculated as follows: (Au (g/t) x 0.97) + (Ag (g/t) x 0.015 x 0.85) + (Cu (%) x 1.44 x 0.95) + (WO 3 (%) x 4.84 x 0.72) utilizing metal prices of Au – US$2,200/oz, Ag – US$33/oz, Cu – US$4.62/lb and WO 3 – US$15.51/lb and recovery rates of 97% for Au, 85% for Ag, 95% for Cu and 72% for WO 3. Recovery rate assumptions for metals are based on metallurgical results announced on October 17, 2023, April 11, 2024, and October 3, 2024. True widths are unknown, and grades are uncut. About Collective Mining Ltd. To see our latest corporate presentation and related information, please visit Founded by the team that developed and sold Continental Gold Inc. to Zijin Mining for approximately $2 billion in enterprise value, Collective is a gold, silver, copper and tungsten exploration company with projects in Caldas, Colombia. The Company has options to acquire 100% interests in two projects located directly within an established mining camp with ten fully permitted and operating mines. The Company's flagship project, Guayabales, is anchored by the Apollo system, which hosts the large-scale, bulk-tonnage and high-grade gold-silver-copper-tungsten Apollo system. The Company's objectives are to improve the overall grade of the Apollo system by systematically drill testing newly modeled potentially high-grade sub-zones, expand the Apollo system by stepping out along strike to the north and expanding the newly discovered high-grade Ramp Zone along strike and to depth, and drill a series of less advanced or newly generated targets including Trap, the Knife and X. Additionally, the Company has launched its largest drilling campaign in history at the San Antonio Project as it hunts for a large bulk-tonnage porphyry system. Management, insiders, a strategic investor and close family and friends own 44.5% of the outstanding shares of the Company and as a result, are fully aligned with shareholders. The Company is listed on both the NYSE and TSX under the trading symbol "CNL". Qualified Person (QP) and NI43-101 Disclosure David J Reading is the designated Qualified Person for this news release within the meaning of National Instrument 43-101 ("NI 43-101") and has reviewed and verified that the technical information contained herein is accurate and approves of the written disclosure of same. Mr. Reading has an MSc in Economic Geology and is a Fellow of the Institute of Materials, Minerals and Mining and of the Society of Economic Geology (SEG). Technical Information Samples were cut by Company personnel at Collective Mining's core facility in Caldas, Colombia. Diamond drill core was sawed and then sampled in maximum 2 metres intervals, stopping at geological boundaries. Drill hole core diameter is a mix of PQ, HQ and NQ depending on the depth of the drill hole. Core samples have been prepared and analyzed at ALS laboratory facilities in Medellin, Colombia and Lima, Peru. Blanks, duplicates, and certified reference standards are inserted into the sample stream to monitor laboratory performance. Crush rejects and pulps are kept and stored in a secured storage facility for future assay verification. No capping has been applied to sample composites. The Company utilizes a rigorous, industry-standard QA/QC program. Information Contact: Follow Executive Chairman Ari Sussman (@Ariski73) on X Follow Collective Mining (@CollectiveMini1) on X, (Collective Mining) on LinkedIn, and (@collectivemining) on Instagram FORWARD-LOOKING STATEMENTS This news release contains "forward-looking statements" and "forward-looking information" within the meaning of applicable securities legislation (collectively, "forward-looking statements"). All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussion with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always using phrases such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the anticipated advancement of mineral properties or programs; future operations; future recovery metal recovery rates; future growth potential of Collective; and future development plans. These forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding future events including the direction of our business. Management believes that these assumptions are reasonable. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others: risks related to the speculative nature of the Company's business; the Company's formative stage of development; the Company's financial position; possible variations in mineralization, grade or recovery rates; actual results of current exploration activities; conclusions of future economic evaluations; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, precious and base metals or certain other commodities; fluctuations in currency markets; change in national and local government, legislation, taxation, controls regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formation pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties, as well as those risk factors discussed or referred to in the annual information form of the Company dated March 24, 2025. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements and there may be other factors that cause results not to be anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements.
Cision Canada
an hour ago
- Cision Canada
SIMA supports clarity and consistency for phase 5 of CIRO's rule-consolidation project Français
TORONTO, /CNW/ - The Securities and Investment Management Association (SIMA) has submitted its comments on phase 5 of the Canadian Investment Regulatory Organization's (CIRO) rule-consolidation initiative. The submission reaffirms SIMA's commitment to supporting a regulatory framework that promotes clarity, consistency, and efficiency in the implementation of CIRO's new consolidated rules. When the project is completed, CIRO's current rulebooks—one for investment dealers and one for mutual fund dealers—will be replaced by a single, unified set of regulations called the CIRO Dealer and Consolidated (DC) Rules. "We support this important initiative and thank CIRO for accepting our recommendation to publish the consolidated DC Rules for final review and comment in phase 6," said Andy Mitchell, SIMA's President and CEO. "We continue to encourage CIRO to provide a generous comment period for phase 6, given that this will be the first opportunity for stakeholders to assess the fully consolidated rules. Extending the comment period to 120 days will ensure stakeholders have the time necessary to provide meaningful feedback in support of the successful implementation of the new framework." We continue to recommend that CIRO not put the rules into effect until they provide supporting guidance for public comment. Also, once the rules are finalized, we urge CIRO to allow for an appropriate transition period before the rules become effective. This will enable CIRO dealer members to update internal policies, procedures, and IT systems, and provide training before implementation. About SIMA SIMA empowers Canada's investment industry. The association, formerly the Investment Funds Institute of Canada (IFIC), is the leading voice for the securities and investment management industry. The industry oversees approximately $4 trillion in assets for over 20 million investors and participates in the Canadian capital markets. Our members — including investment fund managers, investment and mutual fund dealers, capital markets participants, and professional service providers — are committed to creating a resilient, innovative investment sector that fuels long-term economic growth and creates opportunities for all Canadians.
National Observer
an hour ago
- National Observer
Carney tells NATO critical minerals development will move Canada toward its defence spending goal
Canada will reach an even higher NATO spending target in part by developing its critical minerals and the infrastructure needed to get them to market, Prime Minister Mark Carney said as the annual leaders' summit of alliance members got underway in the Netherlands. Carney is in The Hague for the NATO leaders' summit, and made the comments in a pre-summit interview with CNN's Christiane Amanpour that aired on Tuesday. Leaders are debating how much to hike the NATO spending target, with NATO Secretary-General Mark Rutte proposing to more than double it from the current two per cent of GDP, to five per cent. Carney said he expects leaders will agree to boost spending to 3.5 per cent of GDP in ten years. Rutte's proposal is to hike spending to 3.5 per cent of annual GDP on core defence needs — like jets and other weapons — and another 1.5 per cent on defence-adjacent areas like infrastructure, cybersecurity and industry. Carney said five per cent of Canada's GDP would amount to about $150 billion per year. NATO said last year Canada spent $41 billion on defence. The prime minister said Canada will reach the target in part by developing deposits of critical minerals and that some of the work will be done in partnership with the European Union, EU member states, the U.K. and other countries. Canada will reach an even higher NATO spending target in part by developing its critical minerals and the infrastructure needed to get them to market, Prime Minister Mark Carney said. "Some of the spending for that counts towards that five per cent. In fact, a lot of it will count toward that five per cent because of infrastructure spending — it's ports and railroads and other ways to get these minerals out," Carney said. "So that's something that benefits the Canadian economy but is also part of our NATO, our new NATO responsibilities." Critical minerals refers to a series of metals and mineral deposits including lithium, cadmium and nickel, which are key elements for modern technology in everything from laptops and cellphones to high end defence systems. NATO released a list of 12 critical minerals last year that are a must for defence. They include aluminum, which NATO described as "pivotal" to producing lightweight planes and missiles, graphite, used in the production of tanks, and cobalt, essential in the production of jet engines, submarines and jet engines. Canada has some of the worlds largest deposits of critical minerals. Foreign Affairs Minister Anita Anand was at The Hague with Carney on Tuesday, where she told reporters that Canada is committed to increasing its defence spending but has questions about the "timeline" for hitting the new NATO spending target. When asked if her government accepts the new spending benchmark, Anand said Canada has consistently supported NATO's spending targets. "The question, really, is the timeline,' she told reporters in The Hague. She added some allies have proposed a 2029 deadline for meeting the target. 'We'd like to see steps along the way where there can be a re-examination of whether this is the right approach, augmenting at this rate in terms of domestic spend," said Anand. In a call back to reporters in Ottawa Tuesday, Anand said it would be "imprudent" to discuss Canada's position publicly before the NATO leaders discuss it at the table. She said questions remain about how much flexibility NATO members will be given as they pursue the five per cent target. All 32 NATO member states have to agree on a new spending target — and no member state is spending anywhere close to five per cent. At 3.38 per cent, U.S. defence spending as a share of GDP was the highest in the alliance in 2024. U.S. Secretary of Defence Pete Hegseth and Rutte have both said they expect alliance representatives at the summit to agree to the new five per cent target. But U.S. President Donald Trump has said the figure shouldn't apply to the United States — only to its allies. Trump shared on social media Tuesday screenshots of a text sent to him by Rutte. A spokesperson for NATO confirmed for The Canadian Press that the text was legitimate. In the text, Rutte congratulated and thanked Trump for his "decisive action" in ordering airstrikes on Iranian sites linked to its nuclear program. He told the president he was "flying into another big success" in The Hague and that "we've got them all signed onto 5 per cent!" "Europe is going to pay in a BIG way, as they should, and it will be your win," Rutte said. Britain, France, the Netherlands and Germany have all committed to the five per cent goal. NATO nations closer to the borders of Ukraine, Russia and its ally Belarus have also pledged to do so. But not everyone seems to be on board. Spanish Prime Minister Pedro Sánchez said Sunday that Spain reached a deal with NATO excluding it from the new spending target. Like Canada, Spain has long struggled to meet the two per cent target and has rejected the new proposal. On Tuesday, Slovakia's Prime Minister Robert Fico suggested that his country might be better off embracing neutrality. He also released a statement saying the new defence spending target would amount to almost a fifth of the country's budget, which he called 'absolutely absurd.' Rutte warned Monday that no country can opt out of the target and that progress made toward the new target will be reviewed in four years. NATO set the current two per cent target in 2014. This year, for the first time ever, all 32 member nations are expected to meet it. In 2014, when the current two per cent target was set, only three NATO members hit the mark — the U.S., the U.K. and Greece. Canada's defence spending hasn't reached five per cent of GDP since the 1950s, and hasn't been above two per cent since 1990. NATO estimates that Canada spent $41 billion in 2024 on defence, or 1.37 per cent of GDP. In 2014, Canada spent $20.1 billion, or 1.01 per cent of GDP, on defence. Ottawa said last year it would be able to hit two per cent by 2032, but Carney said earlier this month it will happen this year. In Brussels on Monday, he also announced that Canada had formally signed a new defence and security pact with the European Union that opens the door to defence procurement deals between Canada and European countries. Anand said that new partnership will expand Canada's defence industrial base. The main talks in The Hague won't happen until Wednesday and leaders spent much of Tuesday in bilateral meetings. Carney met with leaders from Latvia and the Netherlands. He also met with representatives of Nordic nations to discuss Arctic and transatlantic security. The prime minister also had an audience with King Willem-Alexander and Queen Máxima of the Netherlands. Lauren Speranza, a fellow at the Center for European Policy Analysis, said the NATO summit is coming at a 'very precarious moment,' marked by uncertainty about the U.S. commitment to Europe, the grinding conflict between Russia and Ukraine and ongoing tensions over transatlantic trade.
