XCOR to establish R&D center, headquarters in Texas
Posted: Tue, Jul 10, 2012, 8:02 AM ET (1202 GMT)
XCOR Aerospace, a suborbital vehicle developer based in Mojave, California, since its formation over a decade ago, announced plans Monday to move its headquarters and create a research and development center in Midland, Texas. XCOR and a local development organization, the Midland Development Corporation, announced the plan that includes up to $10 million in incentives for XCOR to set up operations at the Midland International Airport. XCOR will lease a newly-renovated hangar at the airport as well as a bunker for engine tests. XCOR, in turn, will promise to create up to $12 million in new payroll in Midland over the next several years. The Midland airport is also beginning the process to obtain a spaceport license from the FAA to enable XCOR to perform flights there. XCOR plans to maintain its Mojave facility, where it is currently working on the Mark 1 version of its Lynx suborbital spaceplane, as an operations base. Development of future versions of the Lynx, as well as a planned orbital vehicle, will take place in Midland.
XCOR Aerospace, a suborbital vehicle developer based in Mojave, California, since its formation over a decade ago, announced plans Monday to move its headquarters and create a research and development center in Midland, Texas. XCOR and a local development organization, the Midland Development Corporation, announced the plan that includes up to $10 million in incentives for XCOR to set up operations at the Midland International Airport. XCOR will lease a newly-renovated hangar at the airport as well as a bunker for engine tests. XCOR, in turn, will promise to create up to $12 million in new payroll in Midland over the next several years. The Midland airport is also beginning the process to obtain a spaceport license from the FAA to enable XCOR to perform flights there. XCOR plans to maintain its Mojave facility, where it is currently working on the Mark 1 version of its Lynx suborbital spaceplane, as an operations base. Development of future versions of the Lynx, as well as a planned orbital vehicle, will take place in Midland.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
Space Force and NGA sign agreement on space-based intelligence
Posted: Sat, May 24 7:35 AM ET (1135 GMT) |
|
news links
|
|
Thursday, June 5
Former federal cabinet minister and astronaut Marc Garneau dead at 76
Globe and Mail — 6:35 am ET (1035 GMT) Carney and Trudeau lead tributes after death of Marc Garneau
Montreal Gazette — 6:34 am ET (1034 GMT) ‘A hero of mine’: Canadian astronauts reflect on the legacy of Marc Garneau
CTV — 6:33 am ET (1033 GMT) Starmer risks losing grip on Starlink rival to Macron
The Daily Telegraph — 6:32 am ET (1032 GMT) 'New Flower in Telecom Bouquet' – Telco Minister Jyotiraditya Scindia Confirms Elon Musk's Starlink To Join Jio & Airtel In Satellite Internet Push
Republic World (India) — 6:30 am ET (1030 GMT) |
