A Shared Opportunity

NovaSpace’s 2023 The Space Economy Report valued the global space economy at $509 billion in 2023. By 2030, the sector is expected to exceed US $1 trillion annually, driven by rapid growth across commercial, defence, and national security markets. Domestic launch capability is increasingly recognized as a strategic sovereign asset, enabling Canada to compete and protect its interests in an increasingly contested global space environment.

Spaceport Nova Scotia offers the continent’s widest range of launch inclinations and is permitted to host technically mature launch vehicles capable of delivering payloads of up to five tonnes to low Earth orbit. The site is also designed to host ground station infrastructure, enabling integrated, end-to-end mission support for civil, commercial, defence, and allied security customers.

Spaceport Nova Scotia is currently conducting suborbital launches and attracting international interest as development continues toward Canada’s first orbital launch in 2027. The project is expected to create high-quality, well-paying jobs for Canadians and Nova Scotians while enabling the deployment of satellites and technologies that strengthen communications, Earth observation, environmental monitoring, and national security. Together, these capabilities support a more connected, resilient, and secure future.

This opportunity begins with a launch site that is safe, cost-effective, and strategically located to meet customer requirements on their terms. As construction progresses through 2026, Maritime Launch will continue to work closely with industry and government partners to deliver sovereign launch and ground-segment capabilities, securing Canada’s position as a competitive, trusted, and credible global space leader.

Maritime Launch Services trades on Cboe Canada under the symbol MAXQ and on the OTCQB under the symbol MAXQF.