Maritime Launch Receives Conditional Term Sheet from Government of Canada for Contribution under the Strategic Innovation Fund - Seite 2

For more information about Maritime Launch and Spaceport Nova Scotia, visit www.maritimelaunch.com

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: entering into binding definitive Contribution Agreement, the amount and timing of the contribution under such agreement, the budget and timing for completion of Spaceport Nova Scotia, timing of first orbital launch and the subsequent growth to support medium class launchers, and regulatory approval of the extension by the Cboe Exchange.

Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved".

Forward-looking statements in this news release are based on certain assumptions and expected future events, and 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: negotiation of binding agreements; ; continued approval of the Company’s activities by the relevant governmental and/or regulatory authorities; construction schedules; economic conditions; the Company’s ability to obtain the financing that is a condition of the Strategic Innovation Fund and otherwise finance its operations until profitability of the Company can be achieved and sustained; and ability to continue as a going concern. For additional risks see the risk factors discussed in the Company’s Annual Information Form and Annual Management’s Discussion and Analysis filed on SEDAR+.