Nova Scotia spaceport approved for new government grants
The proposed Nova Scotia spaceport run by the company Maritime Services has now been approved to apply for new government grants for its proposed satellite processing facility.
The Nova Scotia CITC is an annualized reimbursement program designed by the Government of Nova Scotia to drive economic growth and incentivize development within Nova Scotia. The program provides significant financial advantages to eligible corporations that invest in infrastructure and capital equipment for approved projects located in Nova Scotia.
Maritime Launch has received approval for an initial qualification of up to $7.5M in reimbursements under the CITC for the satellite processing facility project. Reimbursement is eligible to begin at the start of the construction of the satellite processing facility, planned for late 2024 and follows approval of a separate application in September 2023 for a project at Spaceport Nova Scotia.
Maritime Launch has been around since 2016 but as of this moment it is unclear when the first orbital launch from the spaceport will occur. Initially the plan had been to provide both spaceport and a Ukrainian rocket for satellite makers, but the Ukraine war ended that plan. Now the spaceport offers its facility to any rocket company, but so far no launch company has yet signed a launch deal.
The proposed Nova Scotia spaceport run by the company Maritime Services has now been approved to apply for new government grants for its proposed satellite processing facility.
The Nova Scotia CITC is an annualized reimbursement program designed by the Government of Nova Scotia to drive economic growth and incentivize development within Nova Scotia. The program provides significant financial advantages to eligible corporations that invest in infrastructure and capital equipment for approved projects located in Nova Scotia.
Maritime Launch has received approval for an initial qualification of up to $7.5M in reimbursements under the CITC for the satellite processing facility project. Reimbursement is eligible to begin at the start of the construction of the satellite processing facility, planned for late 2024 and follows approval of a separate application in September 2023 for a project at Spaceport Nova Scotia.
Maritime Launch has been around since 2016 but as of this moment it is unclear when the first orbital launch from the spaceport will occur. Initially the plan had been to provide both spaceport and a Ukrainian rocket for satellite makers, but the Ukraine war ended that plan. Now the spaceport offers its facility to any rocket company, but so far no launch company has yet signed a launch deal.