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MARITIME LAUNCH SVCS (MAXQF) Stock News, Aug-Dec 2022

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Maritime Launch Services Inc. develops Spaceport Nova Scotia, a Canadian commercial orbital launch complex designed for civil, commercial and defence-related satellite missions. The company positions the site to support launch vehicles placing satellites into low Earth orbit from Nova Scotia, with licensed launch infrastructure, range coordination, safety oversight and multi-pad capability.

News about MAXQF centers on spaceport development, government and defence tenancy, launch-service agreements, strategic partner activity, financing for launch pad and infrastructure construction, and changes to leadership, board composition and capital structure. Updates also cover commercial relationships with launch providers and the company's role in Canada's domestic space infrastructure.

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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.

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Maritime Launch Services Inc. (NEO: MAXQ, OTCQB: MAXQF) announced the election of four new directors at its annual shareholder meeting on December 1, 2022. The newly elected directors are Stephen Matier, Sasha Jacob, Sylvain Laporte, and Rita Theil, each receiving overwhelming majority votes. The Company's auditor, MNP LLP, was also re-appointed. Maritime Launch is developing Spaceport Nova Scotia, the first commercial orbital launch complex in Canada, aimed at providing satellite delivery services and supporting the growing commercial space transportation industry.

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Maritime Launch Services Inc. (NEO: MAXQ, OTCQB: MAXQF) has announced the appointment of Sylvain Laporte to its Board of Directors. Laporte, a former President of the Canadian Space Agency, brings over 38 years of experience in the aerospace sector, including significant accomplishments in satellite launches and investment acquisition for Canada's space program, amounting to $2.5B. His leadership is expected to enhance Maritime Launch's growth and competitiveness in the commercial space industry, particularly as they develop Spaceport Nova Scotia.

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Maritime Launch Services (NEO: MAXQ, OTCQB: MAXQF) has partnered with Skyrora to launch the Skyrora XL vehicle from Spaceport Nova Scotia, marking a significant development for Canada's first commercial orbital launch complex.

This Letter of Intent outlines the provision of launch vehicles and operational support for Maritime Launch's satellite clients. Skyrora XL is designed for payload deployment into specific orbits around Earth, with a maximum payload capacity of 350 kg. The partnership aims to enhance both companies' capabilities in the growing commercial space sector.

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Maritime Launch Services (NEO: MAXQ, OTCQB: MAXQF) and Nanoracks have signed a Letter of Intent with the State Space Agency of Ukraine to develop a CubeSat program. This initiative will enable Ukrainian universities to design and build miniature satellites. The CubeSat Program aims to provide hands-on experience for students and foster talent in the space industry. Nanoracks will aid with mission integration, while Maritime Launch will launch the CubeSats from Spaceport Nova Scotia. The collaboration seeks to enhance mentorship and training for future space professionals in Ukraine.

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Maritime Launch Services (NEO: MAXQ, OTCQB: MAXQF) has received approval to construct Spaceport Nova Scotia, marking Canada's first commercial spaceport. Located on 335 acres of crown land near Canso, Nova Scotia, this facility aims to enhance global satellite launch capabilities. The project, which meets prior environmental assessments, promises to create numerous jobs and attract further investments in the region. CEO Stephen Matier emphasizes a commitment to safety and environmental stewardship throughout the development process.

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Maritime Launch Services Inc. (NEO: MAXQ, OTCQB: MAXQF) announced its approval to trade on the OTCQB Venture Market starting August 23, 2022. This move aims to broaden its investor base and attract U.S. investors to the Spaceport Nova Scotia project, Canada's first commercial spaceport. The company's shares are now eligible for electronic clearing via the Depository Trust Company, enhancing transaction efficiency. Maritime Launch anticipates significant growth in the commercial space industry, positioning North America as a leader in low Earth orbit satellite services.

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FAQ

What is the current stock price of MARITIME LAUNCH SVCS (MAXQF)?

The current stock price of MARITIME LAUNCH SVCS (MAXQF) is $0.3256 as of September 11, 2026.

What is the market cap of MARITIME LAUNCH SVCS (MAXQF)?

The market cap of MARITIME LAUNCH SVCS (MAXQF) is approximately 248.7M.