The Government of Canada awards funding to support installation of ground station

Leaf Space, a global leader in ground segment as-a-service (GSaaS) solutions, is proud to announce the signing of a new contract to install and operate a state-of-the-art ground station to be hosted at Spaceport Nova Scotia, Canada, a launch facility owned and operated by Maritime Launch Services (Cboe CA: MAXQ, OTCQB: MAXQF).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240925834569/en/

This agreement represents a key step in Leaf Space’s mission to expand its global network of ground stations and provide seamless connectivity to satellite operators around the world.

Maritime Launch is developing Spaceport Nova Scotia, Canada’s first and only commercial spaceport located near Canso, Nova Scotia. The launch site will support multiple domestic and international launch vehicle operators, strengthening Spaceport Nova Scotia’s position as a growing hub for commercial space launch operations in North America.

Jonata Puglia, CEO of Leaf Space, commented, “This 10-year partnership with Maritime Launch Services to host our new ground station at Spaceport Nova Scotia is a major milestone for Leaf Space. Leaf Space is committed to expanding our infrastructure to meet the increasing demand for reliable ground segment providers. Our GSaaS solution, combined with the strategic northern location of Spaceport Nova Scotia, will provide unparalleled connectivity for our satellite operators across the globe.”

The ground station installation at Spaceport Nova Scotia will form part of Leaf Space’s broader strategy to increase its global footprint offering global telemetry, tracking, and command (TT&C) and payload data downlink services. By partnering with Maritime Launch Services (MLS) in Canada, Leaf Space will be able to offer customers a prime geographic location for optimized satellite coverage, particularly for polar orbit and low Earth orbit (LEO) missions.

Stephen Matier, President and CEO of Maritime Launch Services, said, “We are excited to welcome Leaf Space to Spaceport Nova Scotia as they bring their advanced ground station technology to our site. This partnership enhances the services we offer to our clients and reinforces our commitment to creating a world-class facility that supports all aspects of space missions, from launch to operations.”

The ground station is expected to be fully operational by Q1 2025, with installations beginning in the fall of 2024. Once completed, this facility will serve as a critical node in Leaf Space’s rapidly expanding global network, offering satellite operators greater flexibility and improved access to data from space.

The Government of Canada, through the Atlantic Canada Opportunities Agency (ACOA), is providing a $120,000 repayable contribution to Maritime Launch Services to prepare for the installation of specialized tracking and communications equipment at Spaceport Nova Scotia.

Mike Kelloway, Parliamentary Secretary to the Minister of Fisheries, Oceans and the Canadian Coast Guard, and Member of Parliament for Cape Breton—Canso, on behalf of the Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA, said, “This is a thrilling time as we are on the cusp of a new space sector in Nova Scotia. It is no longer the final frontier, but rather an asset of growing importance as we look to innovate, grow the economy and strengthen our country’s global competitiveness.”

Matier added, “The Government of Canada continues to demonstrate its commitment to the growth of the commercial space sector with this support. This $120,000 contribution enables us to accelerate our preparations and ensures that we remain on track to meet key milestones. This support is invaluable in helping us build the infrastructure necessary to position Spaceport Nova Scotia as a leading hub for commercial space launch operations in North America.”

Leaf Space currently operates 26 antennas in 17 locations. Leaf Space increases the network capacity without transferring the costs to the users. This ensures lower operational costs for startups and established operators alike.

About Leaf Space

Leaf Space operates a fully owned, globally distributed network of ground stations, empowering satellite operators to communicate with their spacecraft in the simplest and most flexible way. Leaf Space enables TT&C (Telemetry, Tracking, and Command) and payload data transmissions via an easy-to-use interface, a proprietary autonomous scheduling software, and its network’s global coverage. Founded in 2014, Leaf Space has offices in Lomazzo (Italy) and in Delaware (US).

About Maritime Launch Services

Maritime Launch is a Canadian-owned commercial space company based in Nova Scotia. Maritime Launch is developing Spaceport Nova Scotia, a launch site that will provide satellite delivery services to clients in support of the growing commercial space transportation industry over the widest range of launch inclinations available anywhere in North America, from a single site. The development of this facility will serve the constellation market clients delivering global broadband, near earth imaging and other science related activities. This will be the first commercial orbital launch complex in Canada.

Forward Looking Statements

This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding: the timing and number of launches from Spaceport Nova Scotia and supply of payloads, which may be impacted by financing, regulatory approvals and market conditions.

Forward-looking statements in this news release are based on certain assumptions and expected future events, namely: the Corporation’s ability to continue as a going concern; the Corporation’s ability to continue to develop revenue-generating applications; continued approval of the Corporation’s activities by the relevant governmental and/or regulatory authorities; the continued growth of the Corporation; the Corporation’s ability to finance its operations until profitability can be achieved and sustained. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the potential inability of the Corporation to continue as a going concern; risks associated with potential governmental and/or regulatory action with respect to the Corporation’s operations; the inability of the Corporation to provide the enumerated services; and availability of launch vehicles.

Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Corporation’s expectations as of the date hereof and are subject to change thereafter. The Corporation undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240925834569/en/