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Bullboard - Stock Discussion Forum Maritime Launch Services Ltd N.MAXQ

Alternate Symbol(s):  MAXQF

Maritime Launch Services Inc is a commercial aerospace company responsible for developing Spaceport Nova Scotia, a satellite launching site for the commercial space transportation industry.

NEO:MAXQ - Post Discussion

Maritime Launch Services Ltd > Maritime Launch - No proven rockets!
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Post by TheRealCansoJim on Nov 13, 2022 2:08pm

Maritime Launch - No proven rockets!

Maritime launch has no proven rockets.  The Cyclone-4M is still in development.  It's upper stage is from the Cyclone-4.  The delelopment of this rocket was not completed, abandoned, and development of the Cyclone-4M started.  The Cyclone-4 and the Cyclone-4M are NOT proven rockets!

From their MD&A:

"The BryceTech Data discloses a number of start-ups and undeveloped competitors in the space industry that will take time to fully mature and are inherently higher risk due to their lack of past performance. "

Both Reaction Dynamics and Skyora are start-ups.  Their rockets are still in development.  According to Maritime Launch they too are at a inherently higher risk.

The 3 rockets in the MD&A are still in development and are unproven!

 

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