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Maritime Launch unveils new program at Spaceport Nova Scotia

Jonathon Brown Jonathon Brown, The Market Online
0 Comments| September 28, 2023

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  • Maritime Launch Services Inc. (NEO:MAXQ) unveiled its suborbital launch program currently scheduled to begin during Q2 2024
  • The suborbital program, called Dedicated Altitude Research and Testing (DART), is designed to offer flight opportunities to researchers across a wide range of mission capabilities,
  • During this first commercial suborbital launch campaign, the company’s manifest will carry experiments totaling up to 15 kg across two separate launch configurations
  • Maritime Launch Services Inc. last traded at $0.160 per share

Maritime Launch Services Inc. (NEO:MAXQ) unveiled its suborbital launch program currently scheduled to begin during Q2 2024.

The suborbital program, called Dedicated Altitude Research and Testing (DART), is designed to offer flight opportunities to researchers across a wide range of mission capabilities, ranging from building and testing new concepts, high speed tracking, conducting research, and testing payloads intended for future orbital missions as well as upper atmospheric monitoring and sampling.

The company established DART for researchers, technology innovators, academic institutions, and R&D companies. The program intends to provide companies and institutions an opportunity to test their hardware in extreme, space-like conditions.

For the first flight, Maritime Launch has already received commitments from payload clients including GALAXIA Mission Systems, a space computation company based in Nova Scotia.

During this first commercial suborbital launch campaign, the company’s manifest will carry experiments totaling up to 15 kg across two separate launch configurations.

“Our suborbital launch program is a turnkey solution for clients. With seamless integration of experimental payloads into suborbital rocket missions, our Spaceport Nova Scotia team will manage all logistics, payload integration, and mission execution, so clients can focus solely on their payload objectives,” Maritime Launch’s president and CEO, Stephen Matier, said in a news release. “Given the success of our launch in July, which included the launch of the VCL-1 ChipSat survivability experiment, we are focused on maturing our launch heritage at the Spaceport while at the same time, support an underserved market and generate revenue.”

Maritime Launch Services Inc. is a commercial space company that is developing a launch site called Spaceport Nova Scotia and will provide satellite delivery services to clients in support of the growing commercial space transportation industry over a wide range of inclinations. Spaceport Nova Scotia will allow small and medium sized launch vehicles to place their satellites into low-earth orbit. Spaceport Nova Scotia is Canada’s first commercial orbital launch complex.

Maritime Launch Services Inc. last traded at $0.160 per share.

Join the discussion: Find out what everybody’s saying about this stock on the Maritime Launch Services Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.




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