Maritime Launch Services reports quarterly loss and has a possible Cyclone 4M replacement

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

Maritime Launch Services reported a quarterly loss of $4,315,979 for the three month period ended June 30, 2022 and a loss of $4,580,700 for the six month period ended June 30, 2022. It also disclosed that it has a letter of intent (LOI) for the use of another medium class launch vehicle if the the Ukrainian Cyclone 4M is not available.

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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 LLC. Boucher has 20+ years working in various roles in the space industry and a total of 30 years as a technology entrepreneur including creating Maple Square, Canada's first internet directory and search engine.