Canada Secures Sovereign Path to Orbit: Maritime Launch and Reaction Dynamics Sign Pathfinder Agreement to Establish Domestic Orbital Launch Capability

Core Points - Maritime Launch Services and Reaction Dynamics have signed a pathfinder launch agreement, enhancing Canada's sovereign access to space [1][4] - The agreements are valued at approximately $1.7 million, marking a significant milestone for Canada's space capabilities [2][5] - Reaction Dynamics will invest $1,025,952 in Maritime Launch through a private placement, structured in twelve installments [3][6] Investment Details - Reaction Dynamics will make an equity investment in Maritime Launch, with the first installment priced at $0.05 per share, followed by eleven quarterly installments [3] - The total investment is aimed at building a sustainable launch ecosystem in Canada [6] Launch Agreement - The Pathfinder Launch Agreement allows Reaction Dynamics to conduct its first orbital launch attempt around Q3 2028 [5] - This agreement includes a framework for a multi-year Facility Usage Agreement for exclusive use of a launchpad at Spaceport Nova Scotia [5] Strategic Importance - The agreement signifies Canada's entry into the ranks of nations capable of launching satellites from their own territory [4][6] - Maritime Launch Services is developing Spaceport Nova Scotia, which is positioned as a strategic national asset for both commercial and government missions [7]