German aerospace company signs 10-year deal to use Nova Scotia space launch pad

Maritime Launch Services Inc. announced a significant 10-year agreement with German aerospace company Isar Aerospace. This partnership will see Isar Aerospace construct a dedicated complex at Maritime Launch's Spaceport Nova Scotia, located near Canso. The facility will house Isar's Spectrum launch vehicle.

Construction by Isar is slated to begin this year, with aspirations for space launches to commence by 2028. The financial terms of the deal stipulate that Isar Aerospace will pay Maritime Launch US$3.75 million each fiscal quarter once the contract is fully operational. This agreement marks a crucial step in developing Canada's independent space launch capacity.

Spaceport Nova Scotia is anticipated to become Canada's first commercial launch pad upon its operational launch this year. It will provide essential services, including the launch site and an operations center. The federal government previously committed a $200-million lease to Maritime Launch in March, supporting Canada's ability to deploy satellites independently.

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This agreement represents another important milestone in building Canada’s sovereign launch capability.