Canada Secures Sovereign Path to Orbit: Maritime Launch and Reaction Dynamics Sign Pathfinder Agreement to Establish Domestic Orbital Launch Capability
Maritime Launch Services (OTCQB: MAXQF) has signed two significant agreements with Montreal-based rocket company Reaction Dynamics (RDX), valued at approximately $1.7 million. The first agreement involves RDX making a strategic equity investment of $1,025,952 in Maritime Launch through twelve quarterly installments starting September 30, 2025, with shares priced initially at $0.05.
The second agreement is a Pathfinder Launch Agreement, setting the stage for Canada's first-ever orbital launch of a domestically designed and built rocket from Spaceport Nova Scotia, targeted for Q3 2028. Following a successful orbital attempt, both companies plan to enter a multi-year Facility Usage Agreement for exclusive use of a designated launchpad at Spaceport Nova Scotia.
Maritime Launch Services (OTCQB: MAXQF) ha firmato due accordi rilevanti con l'azienda di razzi con sede a Montréal Reaction Dynamics (RDX), per un valore complessivo di circa $1.7 million. Il primo prevede che RDX effettui un investimento azionario strategico di $1,025,952 in Maritime Launch tramite dodici rate trimestrali a partire dal 30 settembre 2025; le azioni avranno un prezzo iniziale di $0.05 ciascuna.
Il secondo è un accordo Pathfinder per il lancio che apre la strada al primo lancio orbitale del Canada di un razzo progettato e costruito nel paese, dal Spaceport Nova Scotia, con obiettivo il 3° trimestre 2028. Dopo un tentativo orbitale riuscito, le due società prevedono di stipulare un accordo pluriennale per l'utilizzo delle strutture, garantendo l'uso esclusivo di una rampa di lancio designata al Spaceport Nova Scotia.
Maritime Launch Services (OTCQB: MAXQF) ha firmado dos acuerdos importantes con la empresa de cohetes con sede en Montreal Reaction Dynamics (RDX), por un valor aproximado de $1.7 million. El primero implica que RDX realice una inversión estratégica en acciones de $1,025,952 en Maritime Launch mediante doce pagos trimestrales a partir del 30 de septiembre de 2025; las acciones tendrán un precio inicial de $0.05 cada una.
El segundo es un Pathfinder Launch Agreement que allana el camino para el primer lanzamiento orbital de Canadá de un cohete diseñado y construido en el país desde Spaceport Nova Scotia, con fecha objetivo el 3T de 2028. Tras un intento orbital exitoso, ambas compañías planean suscribir un acuerdo plurianual de uso de instalaciones para el uso exclusivo de una plataforma de lanzamiento designada en Spaceport Nova Scotia.
Maritime Launch Services (OTCQB: MAXQF)가 몬트리올에 본사를 둔 로켓 기업 Reaction Dynamics (RDX)와 약 $1.7 million 규모의 주요 계약 두 건을 체결했습니다. 첫 번째 계약에 따라 RDX는 Maritime Launch에 전략적 지분 투자로 $1,025,952를 2025년 9월 30일부터 시작해 분기별로 12회에 걸쳐 납입하며, 주당 가격은 초기에 $0.05로 책정됩니다.
두 번째 계약은 Pathfinder Launch Agreement로, 국내에서 설계·제작된 로켓의 캐나다 최초의 궤도 발사를 Spaceport Nova Scotia에서 수행하는 것을 목표로 하며, 목표 시점은 2028년 3분기입니다. 궤도 발사 시도가 성공하면 양사는 지정된 발사대를 전용으로 사용하는 다년간의 시설 이용 계약을 체결할 계획입니다.
Maritime Launch Services (OTCQB: MAXQF) a signé deux accords importants avec la société de lancement basée à Montréal Reaction Dynamics (RDX), pour une valeur d'environ $1.7 million. Le premier prévoit que RDX réalise un investissement en capital stratégique de $1,025,952 dans Maritime Launch, versé en douze échéances trimestrielles à partir du 30 septembre 2025 ; le prix initial par action est fixé à $0.05.
Le second est un Pathfinder Launch Agreement qui prépare le terrain pour le premier lancement orbital du Canada d'une fusée conçue et construite dans le pays depuis le Spaceport Nova Scotia, ciblé au 3e trimestre 2028. Après une tentative orbitale réussie, les deux sociétés prévoient de conclure un accord pluriannuel d'utilisation des installations pour l'utilisation exclusive d'une rampe de lancement désignée au Spaceport Nova Scotia.
Maritime Launch Services (OTCQB: MAXQF) hat zwei bedeutende Vereinbarungen mit dem in Montreal ansässigen Raketenspezialisten Reaction Dynamics (RDX) unterzeichnet, mit einem Gesamtwert von rund $1.7 million. Die erste Vereinbarung sieht vor, dass RDX eine strategische Eigenkapitalinvestition in Höhe von $1,025,952 in Maritime Launch tätigt, zahlbar in zwölf vierteljährlichen Raten ab dem 30. September 2025; die Aktien werden anfänglich zu $0.05 pro Aktie bewertet.
Die zweite Vereinbarung ist ein Pathfinder Launch Agreement, das den Weg für den ersten orbitalen Start Kanadas einer im Land entworfenen und gebauten Rakete vom Spaceport Nova Scotia ebnet, mit Zieltermin 3. Quartal 2028. Nach einem erfolgreichen Orbitalversuch beabsichtigen beide Unternehmen, eine mehrjährige Vereinbarung zur Nutzung der Einrichtungen abzuschließen, die die exklusive Nutzung einer bestimmten Startrampe am Spaceport Nova Scotia regelt.
- None.
- First orbital launch attempt not scheduled until Q3 2028
- Share price set at minimum $0.05 with potential for lower pricing
- Final terms of Facility Usage Agreement still subject to definitive documentation
Maritime Launch Services and Reaction Dynamics have signed a pathfinder launch agreement, marking a major step forward in securing
The transaction has two parts: an equity investment by Reaction Dynamics in Maritime Launch and a Pathfinder Launch Agreement for Reaction Dynamics to launch from Spaceport Nova Scotia.
Reaction Dynamics equity investment in Maritime Launch
Reaction Dynamics has subscribed to invest
Pathfinder Launch Agreement
"This is more than an investment or commercial launch agreement — it affirms that
Under the agreement, Reaction Dynamics is expected to conduct its first orbital launch attempt on or about Q3 2028 under this one-time exclusive agreement. Both parties have committed to a framework to enter into a multi-year Facility Usage Agreement for the exclusive use of a designated launchpad at Spaceport Nova Scotia, with regular launch operations, to follow its successful orbital attempt. This agreement brings sovereign launch capabilities to
"Securing this Pathfinder launch is
The equity investment, combined with the discounted launch fee, reflects the two companies' shared commitment to work together and build a sustainable launch ecosystem in
About Maritime Launch Services
Maritime Launch Services is a Canadian-owned commercial space company headquartered in
For more information about Maritime Launch and Spaceport Nova Scotia, visit www.maritimelaunch.com.
About Reaction Dynamics
Reaction Dynamics is
For more information about Reaction Dynamics, visit www.reactiondynamics.space.
Reaction Dynamics
Remi Lecerf
Chief Commercial Officer
remi.lecerf@reactiondynamics.space
www.reactiondynamics.space
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. The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding (i) the Company's ability to finalize and carry out the transactions referred to in this press release which negotiation RDX and final regulatory approval may impact, (ii) the closing of additional tranches of the private placement with RDX which may be impacted by further negotiation of other agreements and the financial condition of RDX; and (iii) timing and amount of any launch fee from RDX and the subsequent completion of a Facility Usage Agreement which may be impacted by the success of RDX with the proposed launch vehicle, regulatory approvals, negotiation of final terms and the Company's ability to implement its business strategy and finalize the development of its launchpads at Spaceport Nova Scotia.
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; continued approval of the Company's activities by the relevant governmental and/or regulatory authorities; the Company's ability to finance its operations until profitability of the Company 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.
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.
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SOURCE Maritime Launch Services Inc.
FAQ
What is the value of the agreement between Maritime Launch Services (MAXQF) and Reaction Dynamics?
When will Reaction Dynamics conduct its first orbital launch from Spaceport Nova Scotia?
How much is Reaction Dynamics investing in Maritime Launch Services (MAXQF)?
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What makes this agreement historically significant for Canada's space industry?
