Maritime Launch Services Inc. Secures $10 Million from Export Development Canada
Maritime Launch Services Inc. has announced that Export Development Canada (EDC) has committed $10 million to advance Spaceport Nova Scotia toward orbital launch.
"This commitment by EDC marks another major step forward for Maritime Launch and Canada's growing commercial space sector," said Stephen Matier, President and CEO, Maritime Launch Services.
The $10 million senior credit facility will accelerate the development of Spaceport Nova Scotia, preparing it for orbital launch operations and demonstrating Canada's ability to achieve sovereign launch capability.
- Export Development Canada has provided a $10 million senior credit facility to Maritime Launch Services Inc.
- The funding will advance the development of Spaceport Nova Scotia.
- The goal is to achieve sovereign launch capability, a key milestone in building a competitive and resilient space ecosystem in Canada.
Author's summary: Maritime Launch Services Inc. receives $10 million funding.
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