Nova Scotia spaceport wins $10 million credit line from Canadian government

Proposed Canadian spaceports
Maritime Launch Services, the startup that has been trying to establish a spaceport in Nova Scotia since 2016, without any success, was this week awarded a $10 million credit line from Canadian government’s Export Development agency (EDC).
EDC is Canada’s export credit agency, established in 1944 to help Canadian businesses of all sizes grow globally through trade financing, insurance, and market expertise. As part of its corporate strategy, EDC is committed to allocating strategic risk capital to developing trade-enabling infrastructure to help Canada become a more resilient, competitive, and secure global trading nation. EDC’s support of Maritime Launch as it develops Spaceport Nova Scotia will significantly strengthen Canada’s position in the defence and security sector, where space is an increasingly vital domain.
….The terms of the agreement provide development funding for Spaceport Nova Scotia’s next phase of construction, including launch pad and infrastructure development required to support future orbital missions.
This award is a bit puzzling, as Maritime has done nothing in the past decade to instill any confidence it is going to fulfill any of its promises. Its original plan, to offer satellite companies a launchpad and a rocket (made by a Ukrainian company) failed in 2022 when Russian invaded the Ukraine. Since the Maritime has struggled to get any other rocket companies interested in launching from Spaceport Nova Scotia.
Meanwhile, a second Canadian commercial spaceport, the Atlantic Spaceport in Newfoundland, was proposed only three years ago. It is developing its own rocket, and has already signed contracts with other companies for its mission control center and tracking stations. In addition, it twice attempted a suborbital test launch of a smaller rocket, though both attempts were scrubbed due to fuel leaks in ground systems.
Whether this grant can jump start Maritime’s spaceport remains an open question. Very clearly, the Canadian government hopes so.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News

Proposed Canadian spaceports
Maritime Launch Services, the startup that has been trying to establish a spaceport in Nova Scotia since 2016, without any success, was this week awarded a $10 million credit line from Canadian government’s Export Development agency (EDC).
EDC is Canada’s export credit agency, established in 1944 to help Canadian businesses of all sizes grow globally through trade financing, insurance, and market expertise. As part of its corporate strategy, EDC is committed to allocating strategic risk capital to developing trade-enabling infrastructure to help Canada become a more resilient, competitive, and secure global trading nation. EDC’s support of Maritime Launch as it develops Spaceport Nova Scotia will significantly strengthen Canada’s position in the defence and security sector, where space is an increasingly vital domain.
….The terms of the agreement provide development funding for Spaceport Nova Scotia’s next phase of construction, including launch pad and infrastructure development required to support future orbital missions.
This award is a bit puzzling, as Maritime has done nothing in the past decade to instill any confidence it is going to fulfill any of its promises. Its original plan, to offer satellite companies a launchpad and a rocket (made by a Ukrainian company) failed in 2022 when Russian invaded the Ukraine. Since the Maritime has struggled to get any other rocket companies interested in launching from Spaceport Nova Scotia.
Meanwhile, a second Canadian commercial spaceport, the Atlantic Spaceport in Newfoundland, was proposed only three years ago. It is developing its own rocket, and has already signed contracts with other companies for its mission control center and tracking stations. In addition, it twice attempted a suborbital test launch of a smaller rocket, though both attempts were scrubbed due to fuel leaks in ground systems.
Whether this grant can jump start Maritime’s spaceport remains an open question. Very clearly, the Canadian government hopes so.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News

