Canadian spaceport one step closer with Maritime Launch Services securing $10.5 million in funding

MLS artist rendering of the vertical launch area. Credit: MLS.

SpaceQ has learned that Maritime Launch Services will announce tomorrow that it has secured $10.5 million in financing led by Power One Capital Markets Limited and Primary Capital Inc. enabling construction to begin for a Canadian spaceport in Nova Scotia in what would be Canada's first orbital launch facility.

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About Marc Boucher

Boucher is an entrepreneur, writer, editor & publisher. He is the founder of SpaceQ Media Inc. and CEO and co-founder of SpaceRef Interactive Inc. Boucher has 20 years working in various roles in the space industry and a total of 28 years as a technology entrepreneur including creating Maple Square, Canada's first internet directory and search engine.