Bombardier SpaceIt is high time to announce investments in space or establish a space division. I believe this will be the next division of the company after the recent focus on defence out of Wichita.
Bombardier has all the critical assets to pursue some space products. We have >50 years of accumulated experience as a firm about flying at 30,000 feet and building the best aircraft in the world. Thus, we may also have some good knowledge of flying at 120,000 to 200,000 feet, nearing space levels. Note, the aircraft that go to such elevations aren't Boeing 747 or Airbus 380A size, they are around or less than the size of a bombardier private jet. Getting up there is expensive, staying up there is also expensive. I believe Bombardier has the technical know-how to venture to 200,000 feet at cost efficient levels.
What an exciting 10 years coming for the company. Once we get the leverage ratio under control, space should be a focus for the firm. In fact, we should pull a Sierra Nevada move and establish a carve out of the space division just like Sierra Space, which has raised the second most amount of money for any space venture (after SpaceX). Surely, Martel knows this to be a key opportunity for growth. The space economy is in it's very infancy and we can be a market leader.
Not saying it's going to happen tomorrow, not saying buy the stock, just suggesting a dog snack for the imagination: Bombardier Aviation - a $20Bn private jet maker, marketer and servicer; Bombardier Defence - a $10Bn specialty aircraft business; Bombardier Space - a $100Bn Earth-to-Space technology company.
Great strategy involves waiting for an opportunity to arise, and then going all in on that opportunity. We have a nice core business that is keeping us afloat. Now we have an opportunity in space. Let's jump in!