- Maritime Launch (Cboe CA:MAXQ) is advancing the next phase of development for future orbital launches from Canada
- The Canadian commercial space company recently announced its next steps in its collaboration with Reaction Dynamics after the signing of an agreement on orbital launches
- This low impulse launch will test the boundaries for future orbital missions by reaching the Karman Line, the globally recognized boundary of space
- Maritime Launch Services last traded at $0.045 per share
Maritime Launch (Cboe CA:MAXQ) is advancing the next phase of development for future orbital launches from Canada.
The Canadian commercial space company recently announced its next steps in its collaboration with Reaction Dynamics (RDX) after the signing of an agreement on orbital launches.
The collaboration between these two Canadian space companies will commence with a pathfinder launch aimed at reaching the edge of space. This low impulse launch will test the boundaries for future orbital missions by reaching the Karman Line, the globally recognized boundary of space.
According to the agreement, Maritime Launch and Reaction Dynamics will collaborate on a “pathfinder mission” to achieve the first orbital launch of a Canadian vehicle from Canadian soil, specifically from the coast of Nova Scotia. These missions will utilize RDX’s patented hybrid rocket technology.
“This partnership is more than just a milestone for Maritime Launch and Reaction Dynamics; it’s a monumental leap forward for Canada,” Maritime Launch Services’ president and CEO Stephen Matier said in a news release. “For the first time, Canada will host its own homegrown rocket technology, launched from a Canadian-built commercial spaceport, offering launch vehicle and satellite customers the opportunity to reach space without leaving Canadian soil. This is something that has never been done before in our country, and we are proud to lead this charge.”
Reaction Dynamics is the second launch vehicle company to commit to launching from Spaceport Nova Scotia.
Maritime Launch successfully conducted its first suborbital launch from Spaceport Nova Scotia in July 2023. Building on this achievement, both companies will now focus on the initial commercial missions of the Aurora vehicle.
In addition to this launch with RDX, Maritime Launch is planning an orbital mission with an international launch vehicle operator in 2026.
The partnership with RDX is expected to drive growth in Canada’s space industry. Maritime Launch is dedicated to expanding its facilities to provide top-tier services to launch vehicle clients, ensuring that Spaceport Nova Scotia remains a leader in innovative launch services.
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.
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. The company intends to establish 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 $0.045 per share.
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(Top photo: Maritime Launch Services Inc.)
