The Canadian Arrow was a privately funded, early-2000s rocket and space tourism project concept founded by London, Ontario, Canada entrepreneurs Geoff Sheerin, Dan McKibbon and Chris Corke.

Canadian Arrow was considered one of the top three candidates for the X-Prize competition[citation needed], along with Scaled Composites (Burt Rutan), and Armadillo Aerospace (John Carmack).

They completed the first series of tests on their 57,000 lbf (254 kN) thrust engine and built a space training centre and a full-scale mock-up of their rocket.

Astronaut candidates – the group "Arrow Six" included David Ballinger, Ted Gow, Terry Wong, Jason Dyer, Larry Clark and Yaroslav "Yarko" Pustovyi, the only member of the team with actual space training.

The solid fuel rockets in the second stage were ignited and boosted it up to an altitude of ~112 km, where the crew and passengers would have experienced a few minutes of "zero-G", or weightlessness.

In early 2003 the company would receive a major infusion of financial support by Canadian Arrow partner and Director of Spacecraft Development - Lou van Amelsvoort.

As a result, during the next two years the company would also proceed to open the world's first private Astronaut training facility, continue vehicle development, and test propulsion and recovery systems.

[citation needed] Geoff Sheerin, president and CEO of Canadian Arrow, and Dr. Chirinjeev Kathuria announced on May 17, 2005, the creation of PlanetSpace Corporation.

On November 11, 2005, Canadian Arrow teamed up with former X-Prize competitor Romanian aerospace company, ARCASPACE, to develop privately built spacecraft.

[5] [6] On June 21, 2013, Blackburn news reported that the full scale engineering mock-up of the Canadian Arrow rocket was purchased by Sarnia Ontario's Preferred Towing.