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Precious Payload partners with Maritime Launch
by Staff Writers
Abu Dhabi UAE (SPX) Dec 09, 2022

CEO and founder of Precious Payload, Andrew Maximov, commented on the new business model. "There is exponential growth in the commercial space transportation industry. Commercial spaceports are in full swing, exploring how to become a multi-tenant facility which provides services for licensing, operations, range - sometimes also pre-launch, testing, and integration - and of course, launch operations. We've chosen Maritime Launch as a pioneer of this model, and we're eager to help prove their business case and set a precedent for the rest of the industry."

Precious Payload is excited to announce a partnership with Maritime Launch Services Inc. (NEO: MAXQ, OTCQB: MAXQF), the owner and operator of Canada's first orbital launch complex, to market satellite delivery services to payload developers through its Launch.ctrl online marketplace.

Maritime Launch is developing Spaceport Nova Scotia and will serve small satellite market clients including broadband, earth observation, and remote sensing constellations. Spaceport Nova Scotia will be the first commercial orbital launch complex in Canada offering white-label launches and related services.

Commercial spaceports are actively entering the space launch market as individual contributors, with examples emerging in Australia, the U.K., Norway, and Brazil. This trend is being driven by the need for greater frequency and reliability of launches, as well as by the development of new spaceports offering lower costs and flexibility.

CEO and founder of Precious Payload, Andrew Maximov, commented on the new business model. "There is exponential growth in the commercial space transportation industry. Commercial spaceports are in full swing, exploring how to become a multi-tenant facility which provides services for licensing, operations, range - sometimes also pre-launch, testing, and integration - and of course, launch operations. We've chosen Maritime Launch as a pioneer of this model, and we're eager to help prove their business case and set a precedent for the rest of the industry."

Earlier this year, Maritime Launch announced a partnership with Canadian rocket manufacturer Reaction Dynamics to perform its inaugural suborbital flight in 2023 and to also launch their first orbital launch vehicle, the Aurora, in 2024 as a white-label offering from Spaceport Nova Scotia.

Maritime Launch has also signed a white-label agreement with Scotland's Skyrora to launch satellites for both Maritime Launch and Skyrora clients, using the Skyrora XL vehicle. Maritime Launch remains on track to bring the medium class launcher, the Cyclone-4M (C4M), developed by Yuzhnoye and Yuzhmash, with a first launch scheduled for 2025. In November 2021, Maritime Launch announced Nanoracks as the first launch client for the inaugural launch of the C4M from Nova Scotia.

"We're very excited to market Spaceport Nova Scotia's launch opportunities with Precious Payload," commented Robert Feierbach, Maritime Launch USA's President. "Distributed on Launch.ctrl, the first online marketplace for satellite launches, we're looking forward to showcasing Spaceport Nova Scotia's competitive launch inclinations from 45 to 98 degrees to our global space industry's small satellite operators and companies planning constellation deployments."

The Launch.ctrl platform by Precious Payload is designed to minimize costs and development timelines while maximizing launch schedule reliability and mission assurance. Beyond simply functioning as a marketplace for satellite launches, its templates for mission description and the workplace for team collaboration bridge the gap between payload engineers and a launch provider's business development, sales, marketing, and launch-management teams.

Earlier this year, Precious Payload successfully introduced a new version of its commercial launch schedule and released individual pages for launch and hosted payload providers, their vehicles, and upcoming missions (with all available launch service operators including brokers, commercial spaceports, and OTVs). Using Precious Payload's Launch.ctrl platform, any payload developer can find the best commercial launch or hosted payload solution for their instrument or experiment.


Related Links
Precious Payload
Microsat News and Nanosat News at SpaceMart.com


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MICROSAT BLITZ
The future market for small satellites
Berlin, Germany (SPX) Dec 08, 2022
The German federal government has launched the Small Satellite Initiative with the aim of consolidating the German space industry and supporting small and medium-sized enterprises (SMEs), especially start-ups, actively involved in the small satellite sector. The Bundestag allocated 10 million euros for this purpose in 2022. On 6 December 2022, representatives from industry, research and politics met in Berlin to discuss how the field of small satellites in Germany can form part of the framework of the g ... read more

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