Northrop Grumman Expansion
In October 2015, the United States Air Force selected Northrop Grumman to build the nation’s next long-range strike bomber, now known as the B-21 Raider.
OneWeb Satellites Manufacturing
During FY2016, Space Florida announced that Florida is now a central part of OneWeb’s mission to bring affordable internet access to the entire globe. OneWeb has a vision to connect all schools in the world, and the satellites that will make that vision a reality will be built at the Cape Canaveral Spaceport.
Embraer Engineering & Technology Center
In 2009, Embraer Executive Jets established their first facility at Melbourne International Airport. In 2011, a second facility was constructed. The company has expanded significantly, adding a third facility – the Engineering and Technology Center USA – to its campus. Space Florida served as a close partner to Embraer throughout the past five years for all of its infrastructure developments and was critical in leveraging financing for the latest facility through its banking partner, PNC.
Space Florida continues to recruit, retain and/or expand space and aerospace-related companies. Funding appropriated by the State of Florida is vital to our efforts, providing us the leverage we need to enable new business development each year. Space Florida’s ongoing efforts maintain that Florida is the Place for Space.
Horizontal Integration Facility (HIF)
Built for Boeing’s Delta IV Evolved Expendable Launch Vehicle (EELV) program, this 88,960-square-foot facility was financed by Space Florida for $24 million and the project was completed under budget and ahead of schedule.
Launch Complex 41
In June 2009, Space Florida and United Launch Alliance (ULA) completed a refinancing of the outstanding conduit debt on Launch Complex 41 at Cape Canaveral Air Force Station. This transaction was concurrent with the transfer of the ground lease with the U.S. Air Force from Lockheed Martin to ULA. Approximately $92 million in outstanding debt was refinanced, with liability for repayment transferred from Lockheed Martin to ULA.
Apollo Saturn V Center
The Apollo Saturn V Center is a museum and premiere visitor attraction that houses a fully restored Saturn V rocket. With a total project cost of $41 million, Space Florida financed $25 million for construction and secured a $5 million line of credit in which Delaware North Park Service acquired a fleet of new buses.
Shuttle Launch Experience
Space Florida provided $40 million of conduit debt to assist in the financing of the construction of a Shuttle Launch Experience located at the Kennedy Space Center Visitors Complex. The debt will be repaid from a percentage of ticket sales revenues.
O & C Building
The Operations and Checkout (O&C) facility at Kennedy Space Center was originally built to assemble the Apollo capsule. When NASA announced the development of the next generation Orion Multi-Purpose Crew Vehicle (MPCV), Space Florida stepped up and provided the $35 million necessary to refurbish and modernize the O&C. Working closely with the Orion contractor, Lockheed Martin, Space Florida has assured that the MPCV will be built and refurbished in Florida for many years.
Space Shuttle Atlantis Facility
When government-backed space efforts first soared into the imaginations of every-day, hard-working Americans in the 1960’s, patriotic enthusiasm and nationalism was at some of its highest levels.
Seeking to rekindle America’s love for space and the technology that enables it, the Space Shuttle Atlantis attraction opened at the Kennedy Space Center Visitor Complex to large crowds and glowing reviews in July 2013.