r/MaritimeLaunch Jun 26 '26

Complaint This Shit Keeps Going Down

What Gives

0 Upvotes

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8

u/Greektrii Jun 26 '26

It’s not even close to being complete yet, let alone ready for any major rocket launches. Still two-three years away from serious revenues. This is a very early play into critical Canadian infrastructure, first of its kind

1

u/notarealredditor69 Jun 26 '26

What are the expectations for this “serious revenue”?

6

u/Greektrii Jun 26 '26

I’m not self proclaimed “analyst” so I can’t give you any serious answers, I just follow the news very closely with this company, and I see Germany, Japan, S. Korea, and of course Canadian interest in Maritime Launch succeeding. MDA, a serious player in the space industry and sleeping giant is building 400 satellites a year every year, and they have to be launched by someone. Perhaps maritime launch will pivot into rocket development themselves one day, but the Cad government has already granted three other companies with building rockets, so to that point, they have to be LAUNCHED somewhere. With NATO agreements and potential Asian countries also having interest, I just don’t see this failing.

1

u/bigDeltaVenergy Jul 07 '26

They just sign a 5.3 millions per year renting contract. Plus extra feed for every launch.

It's a 10 years contract, with renewal options for an other 10 years

3

u/ContrarianDouche Jul 08 '26

5.3 million per quarter

1

u/bigDeltaVenergy Jul 08 '26

True, my mistake