Company Website: https://www.maritimelaunch.com/
Company Website: https://launchcanada.org
CANSO, Nova Scotia -- (Business Wire)

Today, a group of some of the brightest young minds in the fields of Canadian science, technology, engineering and mathematics (STEM) took their passion for rocketry and space to new levels as they launched their amateur high-powered rocket from Spaceport Nova Scotia.

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Arbalest Rocketry Prepares the Goose 3 for Launch on July 6th from Spaceport Nova Scotia (Photo: Business Wire)

Arbalest Rocketry, a rocketry team from Ontario’s York University, made the most of a Launch Canada initiated opportunity to prepare for and execute a sub-orbital launch at Canada’s first commercial spaceport currently being built by Maritime Launch Services Inc. (NEO: MAXQ, OTCQB: MAXQF) in Canso, Nova Scotia.

The originally planned launch was to take place yesterday in front of invitees including local, provincial and federal officials as well as Indigenous leaders and young Nova Scotian students from the region. However, given the weather, while the celebratory event continued, the team made the decision to postpone the launch, with the launch program forwarded to today.

Undaunted by the delay, the Arbalest team today launched their amateur high-powered rocket, ‘Goose 3’ from the Spaceport Nova Scotia launchpad.

“Today’s accomplishment is the result of an enormous amount of work, research, preparation and commitment and I am so proud of everyone involved,” said Andreas Tryphonopoulos, team lead for Arbalest Rocketry. “It is an honour to have the opportunity to come to Nova Scotia and launch from Spaceport Nova Scotia,” remarked Tryphonopoulos, adding, “Of course we are disappointed that the launch couldn’t happen yesterday in front of many young students and future potential Canadian rocketry professionals, however given the excitement we saw on site yesterday, I am confident that there is a very bright future for Canada in the global space industry.”

Launch Canada, through various initiatives including today’s launch, supports over 1000 students nationwide from over 25 universities and colleges, uniting Canadian academia, industry and government with the aim to promote Canada's full innovative potential and secure its place for years to come as a front running space fairing nation.

Today’s launch is a demonstration that Canadian rocketry and engineering education is making significant progress and developing space sector excellence.

Adam Trumpour, President of Launch Canada highlighted the significance of the event as it relates to Canada’s future in the space sector. “Today’s launch event is proof positive that Canada is actively developing highly skilled and talented aerospace professionals,” said Trumpour, adding, “and having access to a world class launch location and infrastructure right here at home will help keep this wealth of talent in Canada and drive our country’s success in the ‘global space’ race.”

Maritime Launch Services CEO Stephen Matier noted that hosting this student-led launch fuels the company’s passion for developing Canada’s first commercial spaceport. “We’ve always maintained that while we are building a commercial spaceport to serve global market demand, it is critical that this facility also serve aspiring Canadian space industry members as a place of learning and innovation,” said Matier. “It is only fitting that the first launch vehicle to take off from Spaceport Nova Scotia is domestically designed and launched by students from the Arbalest Rocketry team.”

Representatives from the Canadian Space Agency were also in attendance yesterday at Spaceport Nova Scotia to meet with students and observe the launch event.

Other invited attendees included members of the community as well as local, provincial and federal members of government, leaders from Paqtnkek Mi’kmaw Nation, family and friends of the Arbalest Rocketry team and officials from Transport Canada and NavCanada.

About Maritime Launch Services

Maritime Launch is a Canadian-owned commercial space company based in Nova Scotia. Maritime Launch is developing Spaceport Nova Scotia, a launch site that will provide satellite delivery services to clients in support of the growing commercial space transportation industry over a wide range of inclinations. Spaceport Nova Scotia will allow launch vehicles to place their satellites into low-earth orbit. Spaceport Nova Scotia is Canada’s first commercial orbital launch complex.

Forward Looking Statements

This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements.

Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans," "expects" or "does not expect," "is expected," "budget," "scheduled," "estimates," "forecasts," "intends," "anticipates" or "does not anticipate," or "believes," or variations of such words and phrases or may contain statements that certain actions, events or results "may," "could," "would," "might" or "will be taken," "will continue," "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding: the timing of spaceport construction and ability to launch medium class vehicles.

Forward-looking statements in this news release are based on certain assumptions and expected future events, namely: the Company’s ability to continue as a going concern; the Company’s ability to continue to develop revenue-generating applications; continued approval of the Company’s activities by the relevant governmental and/or regulatory authorities; the continued growth of the Company; the Company’s ability to finance its operations until profitability can be achieved and sustained.

These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the potential inability of the Company to continue as a going concern; risks associated with potential governmental and/or regulatory action with respect to the Company’s operations; the inability of the Company to provide the enumerated services; and availability of launch vehicles.

Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230706774364/en/

Contacts:

Maritime Launch Services
Sarah McLean
Vice President of Communications and Corporate Affairs
sarah.mclean@maritimelaunch.com
www.maritimelaunch.com
902.402.6947

Source: Maritime Launch Services