Province of Nova Scotia Invests in Maritime Launch Services Driving Space Sector Innovation in Canada
- Spaceport Nova Scotia's approval for the CITC program will accelerate benefits for the province and Canada
- The project is projected to add $143 million to the Nova Scotia economy during the construction phase
- Once fully operational, Spaceport Nova Scotia is projected to add around $300 million to Canada's GDP annually and create close to 1,000 full-year jobs
- None.
Spaceport Nova Scotia, located near
Stephen Matier, President and CEO, Maritime Launch Services, says Spaceport Nova Scotia’s CITC approval will accelerate benefits for the Province and
“We are proud that
Spaceport Nova Scotia’s CITC Part A application approval provides a material financial commitment to the Province’s ongoing support for rural economic development and innovation. Specifically, this approval results in an initial qualification of more than
The CITC program’s threshold was recently increased to
“The economic impact of a project like Spaceport Nova Scotia is clear, with the construction phase projected to add
Once the project fully ramps up operations, the Conference Board of
About Maritime Launch
Maritime Launch Services inc. (NEO: MAXQ, OTCQB: MAXQF) is a Canadian-owned commercial space company based in
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Maritime Launch
Sarah
Communications and Corporate Affairs
sarah.mclean@maritimelaunch.com
www.maritimelaunch.com
902.402.6947
Source: Maritime Launch Services Inc.