Maritime Launch Services Debuts on NEO Stock Exchange, But Will They Have a Rocket to Fly?

Cyclone 4M

by Douglas Messier
Managing Editor

Maritime Launch Services has debuted on the NEO Exchange, become the latest space company to go public on a stock exchange without any revenues (losses, actually) while avoiding the “rigmarole” (Richard Branson’s words, not mine) associated with a traditional initial public offering (IPO).

In addition to a lack of revenues and a crowded launcher market, there’s another question hanging over the company that nobody can answer right now: exactly what are they going to launch from the spaceport they’re building in Nova Scotia? The Cyclone 4M booster they plan to use is built in Ukraine, which has been invaded by Russia.

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Maritime Launch Services Establishes U.S.-based Subsidiary, Hires Robert Feierbach as President

Cyclone 4M

HALIFAX, Nova Scotia (Maritime Launch Services PR) – Maritime Launch Services, one of Canada’s leading aerospace firms and the owner of the country’s first commercial spaceport, Spaceport Nova Scotia, announced today the creation of Maritime Launch USA Inc., a wholly-owned American subsidiary of the Canadian-owned and operated Maritime Launch Services Ltd., to be led by space industry veteran Robert Feierbach.

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Maritime Launch Services to Go Public Through Reverse Takeover

TORONTO, ONTARIO, CANADA, November 5, 2021 (Garfinkle Biderman PR) — This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Jaguar Announces Proposed RTO with Maritime Launch Services

Jaguar Financial Corporation (“Jaguar” or the “Company”) and Maritime Launch Services Ltd. (“MLS”) are pleased to announce the execution of a binding letter agreement (the “Letter Agreement”) which, subject to certain conditions and applicable shareholder and regulatory approvals, will result in a reverse takeover of Jaguar by MLS (the “Proposed Transaction”). The resulting issuer from the Proposed Transaction (the “Resulting Issuer”) will carry on the current business of Maritime Launch.

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Maritime Launch Services Chooses Local Firms to Design and Construct Canso Launch Facility

HALIFAX, Nova Scotia, May 26, 2021 (Martime Launch Services PR) – Maritime Launch Services Ltd. (“MLS” or the “Company”), owner of Canada’s first commercial spaceport, is pleased to announce that it has selected a number of Nova Scotian firms to advance design and preparations for construction of the launch complex located near Canso, Nova Scotia.

“We have selected a number of local firms across Nova Scotia to support Maritime Launch in building a state-of-the-art, world-class launch complex,” said Stephen Matier, President and CEO of MLS. “With initial financing in hand, we have begun hiring members of our executive leadership team and we are accelerating work so we can break ground on construction of the complex in the fall.” The preparation efforts include work for Strum Consulting, Stantec, Lloyd’s Register, Nova Construction, Lindsay Construction Management, St. Francis Xavier University, and others.

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