Maritime Launch Services

Canadian spaceport operator developing and running Spaceport Nova Scotia.

Founded 2016

Canada

About

Maritime Launch Services (MLS) is building and operating Spaceport Nova Scotia near Canso to provide commercial orbital launch capability from Canada. The site is licensed to host vehicles delivering up to ~5,000 kg and offers a range of launch azimuths over open ocean. After ending plans to fly Ukraine’s Cyclone-4M, MLS pivoted to domestic partnerships; in August 2025 it announced a pathfinder agreement with Reaction Dynamics (RDX) to fly the Aurora-8 from a dedicated pad, a milestone toward sovereign Canadian access to orbit.

Funding Rounds

Investment history and valuations

Series CLate Stage

Company raises $150M Series C led by Sequoia

Date

Jan 15, 2024

Money Raised

$150M

Funding Type

Equity

Valuation

$1.2B

Investors

Sequoia Capital, A16Z

Series BGrowth

Company closes $75M Series B led by Founders Fund

Date

Mar 22, 2023

Money Raised

$75M

Funding Type

Equity

Valuation

$500M

Investors

Founders Fund, SpaceFund

Series AEarly Stage

Company raises $25M Series A

Date

Aug 10, 2022

Money Raised

$25M

Funding Type

Equity

Valuation

$120M

Investors

Y Combinator, First Round

Date	Title	Transaction	Stage	Investors	Money Raised	Funding Type	Valuation
Jan 15, 2024	Company raises $150M Series C led by Sequoia	Series C	Late Stage	Sequoia Capital, A16Z	$150M	Equity	$1.2B
Mar 22, 2023	Company closes $75M Series B led by Founders Fund	Series B	Growth	Founders Fund, SpaceFund	$75M	Equity	$500M
Aug 10, 2022	Company raises $25M Series A	Series A	Early Stage	Y Combinator, First Round	$25M	Equity	$120M

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Contracts

Government and commercial agreements

Launch Services Agreement$280M

NASAUS Government

Date

Dec 5, 2024

Type

Fixed Price

Date	Contract	Awarding Entity	Type	Value	Category
Dec 5, 2024	Launch Services Agreement	NASAUS Government	Fixed Price	$280M	Launch Services
Sep 18, 2024	Satellite Deployment	ESAInternational Gov	Cost Plus	$95M	Payload Delivery
Jun 3, 2024	Research Partnership	SpaceXCommercial	Revenue Share	$45M	R&D

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Maritime Launch Services

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Contracts

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