Precious Payload Partners With Maritime Launch, Adding Canada’s First Commercial Spaceport, Spaceport Nova Scotia, to Launch.ctrl Marketplace

Rhea-AI Summary

Maritime Launch Services has partnered with Precious Payload to provide satellite delivery services through its online marketplace, Launch.ctrl. This collaboration aims to enhance capabilities at Spaceport Nova Scotia, Canada's first commercial orbital launch complex. The facility will cater to small satellite markets, facilitating reliable and cost-effective launches for clients involved in broadband, earth observation, and remote sensing.

Future projects include the inaugural suborbital flight and the launch of the Aurora orbital vehicle in 2024, alongside ongoing developments for the Cyclone-4M.

Positive

• Collaboration with Precious Payload enhances service offerings at Spaceport Nova Scotia.
• First commercial orbital launch complex in Canada, targeting small satellite market.
• Upcoming inaugural suborbital flight in 2023 and orbital launch of Aurora in 2024.
• Launch.ctrl platform aims to streamline satellite launch processes and reduce costs.

Negative

• None.

The partnership will allow Maritime Launch Services to offer launches and related services from Spaceport Nova Scotia

HALIFAX, Nova Scotia & ABU DHABI, United Arab Emirates--(BUSINESS WIRE)-- Precious Payload is excited to announce a partnership with Maritime Launch Services Inc. (NEO: MAXQ, OTCQB: MAXQF), the owner and operator of Canada’s first orbital launch complex, to market satellite delivery services to payload developers through its Launch.ctrl online marketplace.

Maritime Launch is developing Spaceport Nova Scotia and will serve small satellite market clients including broadband, earth observation, and remote sensing constellations. Spaceport Nova Scotia will be the first commercial orbital launch complex in Canada offering white-label launches and related services.

Commercial spaceports are actively entering the space launch market as individual contributors, with examples emerging in Australia, the U.K., Norway, and Brazil. This trend is being driven by the need for greater frequency and reliability of launches, as well as by the development of new spaceports offering lower costs and flexibility.

CEO and founder of Precious Payload, Andrew Maximov, commented on the new business model. “There is exponential growth in the commercial space transportation industry. Commercial spaceports are in full swing, exploring how to become a multi-tenant facility which provides services for licensing, operations, range - sometimes also pre-launch, testing, and integration - and of course, launch operations. We've chosen Maritime Launch as a pioneer of this model, and we're eager to help prove their business case and set a precedent for the rest of the industry.”

Earlier this year, Maritime Launch announced a partnership with Canadian rocket manufacturer Reaction Dynamics to perform its inaugural suborbital flight in 2023 and to also launch their first orbital launch vehicle, the Aurora, in 2024 as a white-label offering from Spaceport Nova Scotia.

Maritime Launch has also signed a white-label agreement with Scotland's Skyrora to launch satellites for both Maritime Launch and Skyrora clients, using the Skyrora XL vehicle. Maritime Launch remains on track to bring the medium class launcher, the Cyclone-4M (C4M), developed by Yuzhnoye and Yuzhmash, with a first launch scheduled for 2025. In November 2021, Maritime Launch announced Nanoracks as the first launch client for the inaugural launch of the C4M from Nova Scotia.

“We're very excited to market Spaceport Nova Scotia's launch opportunities with Precious Payload,” commented Robert Feierbach, Maritime Launch USA's President. “Distributed on Launch.ctrl, the first online marketplace for satellite launches, we’re looking forward to showcasing Spaceport Nova Scotia’s competitive launch inclinations from 45 to 98 degrees to our global space industry's small satellite operators and companies planning constellation deployments.”

The Launch.ctrl platform by Precious Payload is designed to minimize costs and development timelines while maximizing launch schedule reliability and mission assurance. Beyond simply functioning as a marketplace for satellite launches, its templates for mission description and the workplace for team collaboration bridge the gap between payload engineers and a launch provider’s business development, sales, marketing, and launch-management teams.

Earlier this year, Precious Payload successfully introduced a new version of its commercial launch schedule and released individual pages for launch and hosted payload providers, their vehicles, and upcoming missions (with all available launch service operators including brokers, commercial spaceports, and OTVs). Using Precious Payload’s Launch.ctrl platform, any payload developer can find the best commercial launch or hosted payload solution for their instrument or experiment.

About Precious Payload
Precious Payload is a US/UAE/German space tech company that developed Launch.ctrl, a marketplace for satellite operators looking to book a launch and the related services needed to get their payloads off the ground and into space.

About Maritime Launch
Maritime Launch is a Canadian-owned and operated commercial space company. Maritime Launch is developing Spaceport Nova Scotia—the first commercial orbital launch complex in Canada—to directly serve constellation market clients delivering global broadband, near-Earth imaging, and other science-related activities.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221208005364/en/

Media:

Marina Kolyvanova

Head of Marketing and Communications

marina.kolyvanova@preciouspayload.com

+971 58 578 84 91

Sarah McLean

VP, Communications and Corporate Affairs

sarah.mclean@maritimelaunch.com

902.402.6947

Source: Maritime Launch Services Inc.

FAQ

What is the partnership between Maritime Launch Services and Precious Payload about?

The partnership allows Maritime Launch Services to provide satellite delivery services through Precious Payload's Launch.ctrl online marketplace.

When is the first suborbital flight planned by Maritime Launch Services?

The inaugural suborbital flight is scheduled for 2023.

What is Spaceport Nova Scotia?

Spaceport Nova Scotia is Canada's first commercial orbital launch complex, aiming to serve small satellite markets.

What vehicles will Maritime Launch Services use for upcoming launches?

Maritime Launch Services will use the Aurora for orbital launches in 2024 and the Cyclone-4M, expected to launch in 2025.

How does the Launch.ctrl platform benefit satellite operators?

Launch.ctrl streamlines the launch booking process, reducing costs and development timelines while enhancing schedule reliability.