Maritime Launch Services, the company behind Spaceport Nova Scotia in the Canso area, has finalized key agreements with Montreal-based orbital launch firm Reaction Dynamics Inc.
The deal marks a major milestone for Canada, paving the way for the first-ever orbital launch of a Canadian-designed and built rocket from Canadian soil at Spaceport Nova Scotia.
Under the first agreement, Reaction Dynamics will invest a combined $1.7 million in common shares of Maritime Launch Services.
Another arrangement, known as a pathfinder launch agreement, will allow Reaction Dynamics to launch its spacecraft from the spaceport.
The company is expected to conduct its first orbital launch attempt on or before the third quarter of 2028.
The agreements come as both companies aim to position Nova Scotia as the hub of Canada’s emerging space economy.
Maritime Launch Services plans to establish Spaceport Nova Scotia as the country’s first orbital launch complex for both commercial and government missions.
