Business
MDA Space Makes $10 Million Investment in Maritime Launch becoming an Equity Owner and a Strategic Partner
MDA Space Ltd. (TSX: MDA), a trusted mission partner to the rapidly expanding global space industry, and Maritime Launch Services Inc. (Cboe CA: MAXQ) (OTCQB: MAXQF) today announced a $10 million equity investment by MDA Space in Maritime Launch Services Inc. at a price of $0.223 per share.
About this update from Maritime Launch Services Inc
[{"type":"text","content":"Expected to bolster Canada's sovereign space capabilities and create a competitive option for the global launch services market","length":132,"tagName":"p","attribs":{}},{"type":"text","content":"BRAMPTON, ON and HALIFAX, NS, Nov. 3, 2025 /CNW/ - MDA Space Ltd. (TSX: MDA), a trusted mission partner to the rapidly expanding global space industry, and Maritime Launch Services Inc. (Cboe CA: MAXQ) (OTCQB: MAXQF) today announced a $10 million equity investment by MDA Space in Maritime Launch Services Inc. at a price of $0.223 per share.","length":347,"tagName":"p"},{"type":"image","alt":"Maritime Launch Logo (CNW Group/Maritime Launch Services Inc.)","displaySize":"","headline":null,"caption":"Maritime Launch Logo (CNW Group/Maritime Launch Services Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":141,"url":"https://media.zenfs.com/en/cnwgroup.com/a01ea6919a31ab15f2341cd82f6fae9d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/MdhwUqoyE6YpM15UJJDpWA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI0OTtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/a01ea6919a31ab15f2341cd82f6fae9d","width":400,"height":141}},"href":"https://mma.prnewswire.com/media/2811264/Maritime_Launch_Services_Inc__MDA_Space_Makes__10_Million_Invest.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The MDA Space investment in Maritime Launch Services marks a key milestone in advancing Canada's sovereign launch capability, strengthening the country's domestic space value chain, with complete capability from ground to orbit.","length":236,"tagName":"p"},{"type":"text","content":"The equity investment will accelerate Spaceport Nova Scotia's readiness for orbital launch operations, providing reliable domestic launch capability for commercial, civil, government, and defence clients in Canada. MDA Space expects to become an operational partner at Spaceport Nova Scotia, supporting the development and future operations of the spaceport.","length":362,"tagName":"p"},{"type":"text","content":""MDA Space's investment and partnership come at a pivotal moment for Maritime Launch and for Canada's space future," said Stephen Matier, President and CEO of Maritime Launch Services. "By combining MDA Space's world-class technical heritage with our operational focus at Spacepor...