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EverWind Fuels signs LOI for liquid oxygen and green hydrogen supply

EverWind agreed to the LOI to supply liquid oxygen, an output from its green hydrogen facility, to a planned Nova Scotia-based spaceport.

EverWind Fuels’ green hydrogen project in Point Tupper and Maritime Launch Services Inc.’s Spaceport Nova Scotia near Canso, are working on a green liquid oxygen supply agreement, according to a press release.

EverWind and Maritime Launch announced today they have signed a Letter of Intent (LOI) to explore the potential of a customer-supplier relationship for EverWind to supply liquid oxygen, and other products, such as green hydrogen, to Maritime Launch. Green liquid oxygen is an output from EverWind’s planned green hydrogen facility in nearby Point Tupper and is required for the operation of launch vehicles from Spaceport Nova Scotia.

Spaceport Nova Scotia, North America’s first commercial spaceport, is currently under construction and will provide satellite delivery services to clients in support of the rapidly growing space transportation industry over a wide range of inclinations.

EverWind Fuels is developing the first independent green hydrogen and green ammonia project in North America to receive an Environmental Approval and amongst the first in the world. EverWind is expected to begin construction in the first half of 2023.

Maritime Launch expects to be operational in 2024, and EverWind Fuels in 2025.

“Securing a local, green source of liquid oxygen to supply our launch vehicles and support our launch operations will complement Spaceport Nova Scotia’s location-based competitive advantage in the global space sector,” said Stephen Matier, President and CEO of Maritime Launch Services. “By working together, we will reduce the carbon footprint of our spaceport with a local source of green liquid oxygen as opposed to transporting it from out-of-province. We are excited at the prospect of bringing two Nova Scotian global sector first movers together in a supply agreement that is good for business, good for Nova Scotia, and good for our planet.”

EverWind already has signed offtake Memorandums of Understandings (MOUs) with German energy giants Eon and Uniper for over one million tonnes per annum of green ammonia. The company however is always looking to support local, emerging green energy transition opportunities.

“EverWind is establishing Nova Scotia as a clean energy hub to supply the huge demand for green fuels in the global energy transition, with a commitment to supply 10% of the green hydrogen volume for domestic use, primarily in Nova Scotia, potential supply agreements like this is proof that building a new industry in Canada and Nova Scotia also unlocks our ability to speed up our own domestic energy transition and provide green fuels” said Trent Vichie, CEO of EverWind Fuels. “Local decarbonization through use of locally produced green hydrogen and liquid oxygen makes sense, especially with EverWind and Maritime Launch being virtual neighbours in the Strait of Canso.”

Through the LOI, both companies have committed to collaborating to reach mutually acceptable terms and conditions that will result in a definitive supplier services agreement.

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