Announcements

Most important statements for you, the reader.

Released on
February 27, 2025
4:40 pm EST

Official Statement

" Dear Valued Customers and Rocket Enthusiasts,

We hope this message finds you well. At Cosmic Aerospace Technologies, we remain committed to advancing the field of model rocketry and supporting the passionate community that drives innovation in this domain. However, we feel it is important to address the current political and economic landscape, which may impact our operations and, in turn, our customers.

As some of you may already be aware, the United States government has announced the imposition of new tariffs on goods imported from Canada, Mexico, and China. These tariffs will take effect on Tuesday, March 4, 2025. While these changes primarily affect customers located in the United States, we believe in transparency and want to ensure everyone is informed about how this may impact our products and services.

Here is a summary of the new tariff structure:

• Canada: 25% on goods, 10% on energy products

• Mexico: 25% on all goods

• China: 10% on all goods

As a Canada-based aerospace company with a significant customer base in the United States, these tariffs will likely result in price adjustments for our products. Specifically, orders placed between February 24 and March 3, 2025 (11:59 PM EST) may be subject to these new tariffs. This could lead to fluctuations in product pricing, shipping costs, or taxes. We sincerely apologize for any inconvenience this may cause and assure you that we are doing everything in our power to mitigate the impact on our customers.

It is also worth noting that these tariffs may trigger retaliatory measures from the affected countries, potentially escalating economic tensions. While such developments are beyond our control, we remain hopeful that diplomatic efforts will prevail to ease these tensions in the near future.

At Cosmic Aerospace Technologies, our mission has always been to inspire and empower rocket enthusiasts worldwide. We believe in the transformative power of model rocketry and its ability to bring people together, even in challenging times. While the current political climate may present obstacles, we are committed to continuing our work and supporting our community every step of the way.

We will continue to monitor the situation closely and provide updates as needed. Should these tariffs be lifted or adjusted, we will promptly reflect those changes in our pricing and policies.

Thank you for your understanding and unwavering support. Together, we can continue to reach new heights, no matter the challenges we face.

Sincerely, "

The Cosmic Aerospace Technologies Team

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