Spaceport Nova Scotia

Company Overview

Maritime Launch Services Inc. (Cboe Canada: MAXQ; OTCQB: MAXQF) is a Canadian-owned space infrastructure company developing Spaceport Nova Scotia, Canada's first commercial orbital launch facility. Located on Nova Scotia's eastern shore, the spaceport is designed as a multi-user, dual-use launch complex serving commercial, civil, defence, and international space missions.

Operating under an airport-style model, Maritime Launch provides the licensed infrastructure, operational services, and launch capabilities required by multiple launch providers, eliminating the need for customers to build their own launch facilities. The site is uniquely positioned to support a broad range of orbital inclinations from a single location, serving rapidly growing demand for satellite deployment, Earth observation, communications, defence, and scientific missions.

With long-term commercial customers, strategic government support, and growing international interest, Maritime Launch is establishing Canada as a competitive participant in the global space economy while strengthening national technological sovereignty and attracting significant foreign direct investment.

Project Overview

Spaceport Nova Scotia is a nation-building infrastructure project that will provide Canada with its first sovereign commercial orbital launch capability. The facility is expected to support inaugural orbital launches in 2028 and serve as a critical gateway for commercial, government, defence, and allied space missions.

The project has already secured more than C$220 million in strategic capital commitments, including a C$200 million agreement with the Government of Canada, a C$10 million investment from MDA Space, and a C$10 million financing facility from Export Development Canada.

Major industry validation has also been achieved through anchor customer agreements with Germany's Isar Aerospace, which plans to establish its North American launch operations at the site and invest approximately US$100 million in dedicated launch infrastructure, as well as Canada's Department of National Defence and launch vehicle developer Reaction Dynamics.

The next phase of development includes critical transportation, electrical, digital, utility, launch, and security infrastructure required to support full operational readiness and commercial launch activity.

Investment Highlights

Canada's Sovereign Access to Space

• Canada's first commercial orbital launch facility
• Strategic infrastructure supporting commercial, civil, defence, and allied missions
• Supports Canada's Defence Industrial Strategy and national security objectives
• Canadian launch site supporting NATO's STARLIFT initiative

Strong Market Validation

• More than C$220 million in capital commitments secured
• Long-term agreements with Department of National Defence and Isar Aerospace
• Isar Aerospace expected to invest approximately US$100 million in on-site infrastructure
• Revenue-generating activities already underway through suborbital operations

Advanced Development Status

• Long-term Crown Land Lease secured
• Environmental Assessment approval received
• Mutual Benefits Agreement executed with Nova Scotia's 13 Mi'kmaq First Nations
• Three successful licensed suborbital and hypersonic missions completed
• Ground station operational
• First commercial orbital launches targeted for 2028

Investor Snapshot

Sector: Space Infrastructure | Aerospace | Defence | Advanced Technology

Asset: Commercial orbital spaceport and launch infrastructure platform

Launch Capability: Up to 5,000 kg payloads to low Earth orbit

Current Stage: Under construction with active suborbital launch operations

Capital Requirement: Approximately C$250 million (US$180 million)

Strategic Capital Secured: More than C$220 million

Investment Sought: Strategic equity, infrastructure financing, project finance, and joint venture partnerships for launch complexes and supporting infrastructure.