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Central Nova MP Sean Fraser is welcoming new developments on a proposed spaceport near Canso. Late last week, Maritime Launch Services announced Nanoracks will use the spaceport to deploy small satellites for its customers. Nanoracks is a leading commercial payload provider to the International Space Station. It also provides satellite services to the Canadian Space […] ....
Maritime Launch Services to launch vehicle and site construction May 12, 2021 Maryam Farag Maritime Launch Services (MLS) Ltd. announced that it has closed financing for gross proceeds of $10.5 million. The financing was led by PowerOne Capital Markets Limited and Primary Capital Inc. The proceeds of this financing will enable MLS to achieve first flight heritage in 2022 of a small class launcher and mature the site and the Cyclone 4M medium class launch vehicle for launch in 2023 from its complex near Canso, Nova Scotia. “We are thrilled with today’s announcement as it advances our initiative to disrupt the launch industry by giving our clients an affordable price per kilogram and just as importantly, the ability to deliver their payloads to space when they want them and where they want them,” said Steve Matier, President and CEO, MLS. “We are grateful for the dedication and support of many, beginning with the people ....