Maritime Launch Services Inc.

Maritime Launch Services Inc.

MAXQF
Maritime Launch Services Inc.US flagOther OTC
0.38
USD
-0.02
- -
188.09MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
-0.01
-0.02
-0.01
-0.01
-0.09
-0.07
Free Cash Flow per Basic Share
- -
- -
-0.01
-0.02
-0.01
- -
-0.01
0.02
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.01
-0.01
-0.01
- -
-0.01
-0.02
0.03
0.02
Tangible Book Value per Share
- -
-0.01
- -
0.01
- -
-0.01
0.04
0.02
Basic Weighted Avg Shares
403
403
403
390
408
417
509
743
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
1
Operating Margin (%)
- -
- -
- -
- -
- -
- -
-25,529.75
-317.16
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-1
-1
-4
-7
-4
-6
-47
-49
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
-315,647.41
-5,064.6
Working Capital
-2
-2
-5
-5
-11
-17
3
1
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
-2
-2
-2
3
1
-3
18
18
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
16
4
7
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
495
751
755
Market Capitalization
31
130
469

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
10
31
Cash, Cash Equivalents & STI
- -
9
30
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
20
6
30
Payables & Accruals
4
2
4
ST Debt
16
4
7
Deferred Revenue
- -
- -
19

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-258.26%
-648.57%
Free Cash Flow
- -
14,913.4%
293.12%
Net Income, GAAP
- -
279.86%
660.61%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
1
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
-0.01
2025
- -
- -
-0.01
- -
-0.09
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Stephen Matier
Full Time Employees
5
Sector
Industrials
Industry
Aerospace & Defense
Address
1883 Upper Water Street Halifax NS Canada B3J 1S9
IPO Date
Aug 18, 2022
Business
Maritime Launch Services Inc. (MAXQF) develops and operates Spaceport Nova Scotia, Canada's first commercial orbital launch complex near Canso, Nova Scotia, providing satellite delivery services to commercial, civil, government, and defense clients across a wide range of orbital inclinations from a single North American site; core offerings include satellite launch brokerage, ground receiving stations, leasing services, remote sensing equipment, sounding rockets, support services, and systems integration for small-to-medium class vehicles targeting low-Earth orbit payloads up to 5,000 kilograms. Founded in 2016 and headquartered in Halifax, Nova Scotia, the company serves the growing commercial space transportation industry, including constellation markets for global broadband, earth observation, and scientific missions, with operations focused on Canada's Atlantic coast to enable sovereign launch capabilities. In November 2025, MDA Space Ltd. invested $10 million in equity at $0.223 per share, becoming a strategic operational partner to accelerate spaceport readiness and full mission integration; recent activities encompass two sub-orbital launches from the site, including the Goose 3 amateur rocket in July 2023 and the Barracuda hypersonic test platform by T-Minus Engineering in November 2025, alongside agreements for Skyrora XL, Barracuda follow-on, and Reaction Dynamics' Aurora-8 orbital vehicle no earlier than 2028, following the 2024 termination of the prior Cyclone-4M partnership due to geopolitical disruptions.

Company News

APIChat
  • MARITIME LAUNCH SERVICES ANNOUNCES VOTING RESULTS AND ELECTION OF DIRECTORS

  • Sasha Jacob Announces Change to Holdings in Maritime Launch Services Inc.

  • Government of Canada Selects Spaceport Nova Scotia as Dedicated Sovereign Launch Site for National Defence

  • INNOSPACE Signs Letter of Intent with Maritime Launch to Explore Launch Operations at Spaceport Nova Scotia

  • Maritime Launch Appoints Melissa Quinn as Vice President of Spaceport Operations to Support Canada's Orbital Launch Readiness at Spaceport Nova Scotia

  • Maritime Launch Appoints Ian McLeod to Board of Directors as Company Enters a New Phase of Growth Advancing Orbital Launch Capability in Canada

  • Maritime Launch Services Announces Full Conversion of Convertible Debentures Following $10 Million Equity Financing

  • MDA Space Makes $10 Million Investment in Maritime Launch becoming an Equity Owner and a Strategic Partner

  • Export Development Canada Commits $10 Million to Maritime Launch to Advance Spaceport Nova Scotia Toward Orbital Launch

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

  • Maritime Launch Receives Additional Infrastructure Reimbursement Approval for Over $10 Million from the Province of Nova Scotia for an Additional Small Launcher Launch Pad

  • Maritime Launch and T-Minus Engineering Announce Plans for Hypersonic Suborbital Launches from Spaceport Nova Scotia

  • Maritime Launch Services Inc. Issues Early Warning Report Filing Pursuant to National Instrument 62-103

  • Maritime Launch Services Announces Two Year Extension of Convertible Debentures, Private Placement Financing and Delay in Filing Interim Financial Statements

  • Maritime Launch Receives Conditional Term Sheet from Government of Canada for Contribution under the Strategic Innovation Fund

  • Maritime Launch Services Announces Extension of Convertible Debentures

  • Maritime Launch to Provide an Update to Investors on the Emerging Growth Conference on May 8th, 2024

  • The Spaceport Company Signs Agreement with Maritime Launch to Provide Tracking and Telemetry Stations for Spaceport Nova Scotia

  • Impulso.Space USA Corp. and Maritime Launch Services Sign an Agreement to Provide Integrated Launch Services for Spaceport Nova Scotia from Florida

  • Maritime Launch Announces the Engagement of Clarus Securities Inc.