Maritime Launch Services Congratulates the Government of Canada on the Conclusion of Space Launch Treaty Negotiations with the United States
The TSA establishes a framework for the protection of sensitive technologies and intellectual property, including launch vehicles and satellites, ensuring that both countries can collaborate on space-related projects while maintaining the highest standards of security and compliance. This agreement not only strengthens the strategic partnership between
Maritime Launch is building Spaceport Nova Scotia, Canada’s first and only commercial spaceport located near
“This is a major step forward for the growth of Canada’s commercial space industry,” says Stephen Matier, President and CEO, Maritime Launch Services. “As we finalize the construction of Spaceport Nova Scotia, we will ensure our spaceport meets the compliance requirements and all of the unique needs of our launch vehicle clients based in the US and their global satellite customer base. We look forward to welcoming our American clients to
As a leading player in the Canadian commercial space industry, Maritime Launch Services recognizes the profound impact this agreement will have on the future of commercial launch, space exploration and technology development in
“Cape Breton—Canso is currently at the forefront of so many emerging industries and economic opportunities — and today we move closer toward the final frontier, commercial spaceflight,” said Mike Kelloway, Member of Parliament for Cape Breton—Canso. “We are proud to be home to Canada’s first commercial spaceport, and our government is proud to announce this agreement with
Since the company was created in 2016, Maritime Launch’s mission has been to provide reliable and cost-effective access to space for commercial and international government customers. With the TSA in place, Maritime Launch is poised to attract international partnerships, drive technological advancements in the space sector, and bring significant direct foreign investment and economic opportunity to
"The Canadian space sector is driven by innovation and growth,” says François-Philippe Champagne, Minister of Innovation, Science and Industry. “Today’s announcement represents a major milestone that will pave the way for a thriving commercial space launch industry in
Maritime Launch looks forward to leveraging the opportunities within the TSA and collaborating closely with Canada’s largest trading partner,
“The achievements in Canada’s space sector have long been an inspiration for all Canadians. Maritime Launch here at home in
About Maritime Launch Services
Maritime Launch (Cboe CA: MAXQ, OTCQB: MAXQF) is a Canadian-owned commercial space company based in
For more information about Maritime Launch and Spaceport Nova Scotia, visit www.maritimelaunch.com
Forward Looking Statements
This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements.
Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding: the timing of spaceport construction and ability to launch medium class vehicles.
Forward-looking statements in this news release are based on certain assumptions and expected future events, namely: the Company’s ability to continue as a going concern; the Company’s ability to continue to develop revenue-generating applications; continued approval of the Company’s activities by the relevant governmental and/or regulatory authorities; the continued growth of the Company; the Company’s ability to finance its operations until profitability can be achieved and sustained.
These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the potential inability of the Company to continue as a going concern; risks associated with potential governmental and/or regulatory action with respect to the Company’s operations; the inability of the Company to provide the enumerated services; and availability of launch vehicles.
Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240802767369/en/
Maritime Launch Services
Sarah
Vice President of Communications and Corporate Affairs
sarah.mclean@maritimelaunch.com
www.maritimelaunch.com
902.402.6947
Source: Maritime Launch Services Inc.
