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Maritime Launch advances next phase of spaceport infrastructure

Jonathon Brown Jonathon Brown, The Market Online
0 Comments| August 23, 2024

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  • Maritime Launch (Cboe CA:MAXQ) is advancing the next phase of development of its Spaceport Nova Scotia’s launch support infrastructure
  • The Canadian commercial space company has selected Voyager Space as the first owner authorized representative, providing engineering, design and fabrication support
  • Voyager has a deep history of combined aerospace and defence technology experience and will work alongside Maritime Launch to analyze launch client requirements and integrate them into the current site layout
  • Maritime Launch Services last traded at $0.055 per share

Maritime Launch (Cboe CA:MAXQ) is advancing the next phase of development of its Spaceport Nova Scotia’s launch support infrastructure.

The Canadian commercial space company has selected Voyager Space as the first owner authorized representative, providing engineering, design and fabrication support. Voyager has a deep history of combined aerospace and defence technology experience.

Voyager will provide engineering design and development and buildup of select portions of the launch site on behalf of Maritime Launch. Voyager will work alongside Maritime Launch to analyze launch client requirements and integrate them into the current site layout.

“Selecting Voyager Space as our first owner authorized representative will ensure Spaceport Nova Scotia is well-positioned to meet the design and development needs of our launch clients. Voyager’s vast experience and dedication to excellence make their team ideal partners for this project,” Maritime Launch Services’ president and CEO Stephen Matier said in a news release. “The technology safeguards agreement between Canada and the United States has been instrumental in allowing us to access the best expertise available, ensuring the success of this pioneering initiative.”

Canada recently announced the conclusion of negotiations on the agreement with the United States, which the company explained will pave the way for a space industry launching from Spaceport Nova Scotia.

“Canada is a long-standing partner of Voyager Space and we are thrilled to support Maritime Launch Services as they build a world-class spaceport in Nova Scotia,” Voyager’s president of international and space stations, Jeffrey Manber added. “Our team’s extensive experience in building customer-focused commercial space systems positions us to deliver exceptional value to Maritime Launch.”

As Maritime Launch Services prepares for its inaugural orbital mission in 2026, Spaceport Nova Scotia is initially set to support small class launch vehicles with payloads under 1,250 kilograms. The site is planned to evolve to accommodate medium-class launchers, enhancing its capacity and market reach. This progression aligns with Maritime Launch’s vision of establishing a robust, commercially viable spaceport that caters to a wide range of launch needs.

Maritime Launch Services Inc. will provide satellite delivery services to clients in support of the growing commercial space transportation industry over a wide range of inclinations. The team is developing Spaceport Nova Scotia, Canada’s first commercial launch site, near Little Dover, Nova Scotia.

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 (Cboe CA:MAXQ) last traded at $0.055 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.

(Top image: Maritime Launch Services Inc.)




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