Maritime Launch Services Inc (OTCMKTS:MAXQF) Stock In Focus After Latest Development

Maritime Launch Services Inc (OTCMKTS:MAXQF) is credited for having developed the first spaceport in Canada, Spaceport Nova Scotia and yesterday the company was in focus over a new development. The company announced that it was looking for individuals or firms to function as Architectural and Engineering Design (A&E), Owner Authorized Representative (OAR).

Trading Data

On Tuesday, MAXQF stock ended flat at $0.1206 with 1 share, compared to volume of 14.48K shares. The stock moved within a range of $0.1206 – 0.1206 after opening trade at $0.1206.

Maritime Launch releasing Request for Sources Sought to expand team and select A&E Owner Authorized Representative

These individuals or firms are going to assist with the expansion of the small scale launch vehicle that are going to be on offer at Spaceport Nova Scotia. It was a significant announcement from the company and it would be interesting to see if it leads to any major focus on the Maritime Launch Services stock over the coming days.

The Chief Executive Officer and President of the company Stephen Matier spoke about the latest move as well. He noted that there had been a major uptick in demand for launches from Canada and the backlogs in relation to payloads had also gone up considerably in the sites across the globe.

In recent times, Maritime Launch Services had attracted the interest of a number of launch vehicle developers. Since the company became aware of this demand, it decided to look into reviewing proposals.