STOCK TITAN

Spaceflight Inc. and Maritime Launch Agree to Future Sherpa OTV Missions

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Spaceflight Inc. has signed an agreement with Maritime Launch Services Inc. (NEO: MAXQ, OTCQB: MAXQF) to launch up to five Sherpa™ Orbital Transfer Vehicles (OTVs) from Spaceport Nova Scotia using the Cyclone-4M rocket starting in 2025. This partnership marks a significant expansion for Spaceflight, which has successfully launched over 550 spacecraft. The Cyclone-4M offers diverse orbital inclinations and competitive pricing, enhancing Spaceflight's service offerings in the commercial space sector.

Positive
  • Agreement to launch five Sherpa OTVs from Spaceport Nova Scotia, expanding service range.
  • Spaceflight has a proven track record with over 550 spacecraft launched.
  • Cyclone-4M offers varied orbital inclinations and competitive pricing.
Negative
  • None.

The launch services provider will launch its OTVs from Spaceport Nova Scotia

BELLEVUE, Wash. & HALIFAX, Nova Scotia--(BUSINESS WIRE)-- Spaceflight Inc., a premier launch and in-space transportation services provider, announced today it signed an agreement with Maritime Launch Services Inc. (NEO: MAXQ, OTCQB: MAXQF) to launch up to five of its Sherpa(™) Orbital Transfer Vehicles (OTVs). The launches will be from Spaceport Nova Scotia aboard the Cyclone-4M beginning in 2025.

Spaceflight to launch its Sherpa(™) Orbital Transfer Vehicles from Spaceport Nova Scotia aboard Maritime Launch's Cyclone-4M (Graphic: Business Wire)

Spaceflight to launch its Sherpa(™) Orbital Transfer Vehicles from Spaceport Nova Scotia aboard Maritime Launch's Cyclone-4M (Graphic: Business Wire)

Spaceflight has successfully delivered more than 550 spacecraft across 55 launches, including both rideshare and dedicated launches, on a wide variety of launch vehicles. This includes launching five Sherpa OTVs, which carried more than 50 payloads to space.

“We’re eager to expand our portfolio of launch vehicle partners to carry our Sherpa OTVs to space. Maritime Launch represents an exciting new option as the first vehicle partner to launch from a commercial spaceport in North America,” said Curt Blake, CEO and president of Spaceflight Inc. “Not only does the Cyclone-4M deliver a wide variety of desirable inclinations for our customers, but the pricing is very attractive. The agreements to transport our Sherpa OTVs are foundational in our continuing efforts to expand our OTV capabilities from last-mile delivery to in-orbit servicing.”

Maritime Launch is developing North America’s first commercial spaceport, Spaceport Nova Scotia, near Canso, Nova Scotia. The company will launch the Cyclone-4M, a medium class launch vehicle with a payload capability of five tons to low Earth orbit. Satellite companies can rely on the vehicle components’ flight heritage, demonstrated by several operators globally, boasting approximately 878 successful launches.

“We are thrilled to have Spaceflight aboard our Cyclone-4M launches starting in 2025,” says Stephen Matier, president and CEO of Maritime Launch. “Spaceflight is a global leader with unmatched experience in mission management and payload integration. Our partnership will increase our launch offerings and provide our clients with innovative, last-mile delivery of their payload to orbit.”

Launch of the Sherpa OTVs for rideshare customers on Cyclone-4M will accommodate CubeSats, smallsats, and large form-factor customer vehicles. In 2022, Spaceflight successfully launched both its experimental OTVs – Sherpa-AC for hosted payloads, and Sherpa-LTC, which features chemical propulsion. The company is also underway preparing for the launch of the next variation in its Sherpa OTV program – Sherpa-ES, a higher energy variant with a bipropellant, high delta-V OTV that enables smallsat delivery anywhere in cislunar space.

About Spaceflight Inc.

As the premier global launch services provider, Spaceflight is revolutionizing the business of space transportation through its comprehensive suite of launch services and Sherpa® orbital transfer vehicles. The company provides unprecedented launch flexibility to ensure customers’ smallsats get to orbit exactly when and where they want through a combination of long-standing relationships with a diverse portfolio of launch partners, innovative satellite integration capabilities, including flight and ground support hardware, licensing and logistics management, and extensive mission management expertise. Based in Seattle, Spaceflight has successfully launched more than 550 spacecraft since it was founded in 2011. It is a part of the Mitsui & Co., Ltd. portfolio, operating as an independent, U.S.-based company. For more information, visit http://www.spaceflight.com.

About Maritime Launch Services Inc.

Maritime Launch (NEO: MAXQ) (OTCQB: MAXQF) is a Canadian-owned commercial space company based in Nova Scotia. Maritime Launch is developing Spaceport Nova Scotia, a launch site that will provide satellite delivery services to clients in support of the growing commercial space transportation industry over a wide range of inclinations. The development of this facility will directly serve the constellation market clients delivering global broadband, near earth imaging and other science related activities. This will be the first commercial orbital launch complex in Canada. For more information, visit www.maritimelaunch.com.

Spaceflight Media Contact:

Christie DeWald, Communiqué PR

Christine@CommuniquePR.com

206-282-4923 x127

Maritime Launch Media Contact:

Sarah McLean

VP, Communications and Corporate Affairs

sarah.mclean@maritimelaunch.com

902-402-6947

Source: Spaceflight Inc.

FAQ

What is the agreement between Spaceflight and Maritime Launch Services?

Spaceflight has signed an agreement with Maritime Launch Services to launch up to five Sherpa Orbital Transfer Vehicles (OTVs) from Spaceport Nova Scotia starting in 2025.

When will the Sherpa OTVs be launched?

The Sherpa OTVs are scheduled to be launched starting in 2025.

What is the significance of Spaceport Nova Scotia?

Spaceport Nova Scotia represents North America's first commercial spaceport, enhancing launch options for satellite delivery services.

What capabilities does the Cyclone-4M rocket offer?

The Cyclone-4M rocket has a payload capability of five tons to low Earth orbit and provides a variety of desirable inclinations for launches.

MARITIME LAUNCH SVCS INC

OTC:MAXQF

MAXQF Rankings

MAXQF Latest News

MAXQF Stock Data

14.00M
229.16M
45.63%
Aerospace & Defense
Industrials
Link
United States of America
Toronto