Nova Scotia Backs Maritime Launch’s Space Endeavor

Jaguar Financial (TSE:MAXQ) has released an update.

Maritime Launch Services Inc. has been approved by the Nova Scotia government for up to $7.5M in reimbursements through the Capital Investment Tax Credit Program for constructing a $30M satellite processing facility. This development boosts Spaceport Nova Scotia’s competitive edge by providing state-of-the-art satellite testing and integration services, poised to create high-tech jobs and drive economic growth in the region. The project solidifies Nova Scotia’s position in the global space market, following a previous $13.2M approval for a launch vehicle integration facility.

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