MDA Space invested C$10 million to acquire an equity stake in Maritime Launch Services, becoming a strategic partner in developing Spaceport Nova Scotia. The funding will support MLS's infrastructure for a targeted first orbital launch by late 2026 and bolster Canada's domestic launch capability.
Discovered |
Briefing
Provides capital to MLS to fund infrastructure for a targeted first orbital launch by late 2026, advancing a domestic launch option for small-satellite customers.
Builds on MDA's recent financial strength — Q2 revenue C$373.3M and a C$4.6B backlog — giving the company the industrial scale to support downstream launch and satellite service opportunities.
Aligns with MDA's industrial expansion, including planned high-throughput satellite production facilities, which underpin its broader commercial push into orbital services.
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