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ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
Space Florida’s board of directors quickly approved the development of a high-volume production facility, high bay and launch infrastructure at the Cape Canaveral Spaceport during a special meeting Dec. 18.
The new development, dubbed “Project Hinton,” comes with an expected capital investment of $1.8 billion and the creation of 600 jobs at an estimated annual wage of $93,000.
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Space Florida is matching up to $65 million of the to-be-named company’s contribution via the Spaceport Improvement Program over multiple years beginning in 2025.
Click here to read the full story on the Orlando Business Journal’s website.
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