President & CEO
Frank DiBello, Space Florida President and CEO, was selected in May 2009 to lead
the organization, whichserves as the single point of contact for aerospace-related
economic development in Florida. In this position, Mr. DiBello develops and executes
programs designed to retain, grow and expand aerospace business in Florida. He also
focuses on the development of Florida aerospace workforce retention and vendor appreciation
Mr. DiBello has more than 40 years of direct aerospace and defense industry-related
experience. In addition to his current role at Space Florida, DiBello is the founding
partner for Aerospace Capital Partners, an infrastructure investment fund in formation,
investing in aerospace, technology and telecommunications initiatives. He is also
the president and ceo of a strategic advisory and investment banking firm serving
the aerospace and high-technology industry. He also served as president and chief
executive officer of Florida’s Aerospace Finance Corporation, established
by the Florida legislature to assist financing the needs of new and established
companies applying aerospace technologies to space, aviation and defense markets.
The Corporation’s goal was to finance aerospace growth in order to expand
the presence, depth and quality of the employment industry in the state.
Formerly, Mr. DiBello served as the founding officer and vice chairman of SpaceVest
Management Group, Inc., the sponsoring organization of the SpaceVest family of funds,
and as managing director of several SpaceVest Venture Capital Funds. As a partner,
he structured initiatives for strategic development of portfolio companies and managed
Prior to joining SpaceVest, Mr. DiBello was the founder and managing partner of
KPMG Peat Marwick’s Commercial Space and Advanced Technologies Practice. He
conceived and implemented this specialized practice focused on the strategic development
and financing of businesses applying advanced technologies to space and telecommunications.
Over the course of his career, DiBello was appointed by NASA to serve on a number
of critical space commissions and committees. As such, he assumed responsibility
for overseeing a five-year national outreach program to support NASA’s mission
of stimulating industrial interest in the Space Station and in space-related research,
development and applications. DiBello has also participated in numerous strategic,
financial, and market assessments for multinational space industry clients.
In 1985, DiBello received the Medal for Distinguished Public Service, the Defense
Department’s highest civilian honor, for his work as president of the United
Services Organization (USO). He was also founder of the Space Business Roundtable
in Washington D.C.
Mr. DiBello taught at the Defense Systems Management College and International Space
University. He received his BS in Mathematics from Villanova University and did
graduate study work at American University and George Washington University.
Mr. DiBello has served on numerous defense and space governmental and industry-related
boards and Commissions, and is a frequent industry speaker and advocate.