The agreement provides DND with access to a dedicated launch pad at Spaceport Nova Scotia for a ten-year term retroactive to April 1, 2025, representing a total contract value of $200 million over the term. Under the agreement, Maritime Launch will receive $20 million per year, with approximately 90 percent of gross rental payments spent in Canada to support domestic industry and workforce development. Importantly, the timing of payments supports near-term cash flow as the spaceport advances toward operations. The first $20 million cash payment is due before March 31, 2026, followed by $5 million payments at the end of each fiscal quarter thereafter.