Maritime Launch Services Inc. Receives $10 Million Commitment from Export Development Canada
Maritime Launch Services Inc. announced that Export Development Canada (EDC) has provided a $10 million senior credit facility to accelerate the development of Spaceport Nova Scotia.
"This commitment by EDC marks another major step forward for Maritime Launch and Canada's growing commercial space sector," said Stephen Matier, President and CEO, Maritime Launch Services.
The funding will help advance the buildout of Spaceport Nova Scotia as the company prepares for orbital launch operations, demonstrating Canada's ability to achieve sovereign launch capability.
- Export Development Canada provided a $10 million senior credit facility
- The funding will accelerate the development of Spaceport Nova Scotia
- The goal is to advance toward first orbital launch and achieve sovereign launch capability in Canada
Author's summary: Maritime Launch Services Inc. gets $10 million from EDC.
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