by Douglas Messier
Maritime Launch Services has debuted on the NEO Exchange, become the latest space company to go public on a stock exchange without any revenues (losses, actually) while avoiding the “rigmarole” (Richard Branson’s words, not mine) associated with a traditional initial public offering (IPO).
In addition to a lack of revenues and a crowded launcher market, there’s another question hanging over the company that nobody can answer right now: exactly what are they going to launch from the spaceport they’re building in Nova Scotia? The Cyclone 4M booster they plan to use is built in Ukraine, which has been invaded by Russia.(more…)