Crown Land Lease
Approved for the Development and Operation of
Spaceport Nova Scotia
August 18, 2022
Maritime Launch Services has
signed a crown land lease with the Province of Nova
Scotia for land to develop and operate Spaceport
Nova Scotia.
The Company is leasing
approximately 334.5 acres of crown land near the
rural communities of Canso, Little Dover and Hazel
Hill.
“Acquiring the land lease is a
huge milestone for Maritime Launch and the
development of Spaceport Nova Scotia,” says Stephen
Matier, President and CEO, Maritime Launch Services.
“This land lease cements Nova Scotia’s place as a
leader in Canada’s growing space industry. We’re
excited to build Spaceport Nova Scotia, but even
more excited to build our team in Canso, Hazel Hill,
and Little Dover, creating good jobs in the growing
space sector”.
The lease granted by the
Province of Nova Scotia is a 20-year term with an
option to renew for another 20 years, should the
Company comply with the terms and conditions
outlined in the lease. The purpose of the lease is
to use the Crown Lands for the development of a
private commercial space launch site consisting of a
horizontal integration facility, launch pad, and
related infrastructure to support launch activities.
|