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Home Government Technology

Terran Orbital Invests $300M in New Florida Space Vehicle Manufacturing Facility; Gov. DeSantis Quoted

by reynolitoresoor
September 27, 2021
in Government Technology, News, Space
Terran Orbital Invests $300M in New Florida Space Vehicle Manufacturing Facility; Gov. DeSantis Quoted

Terran Orbital, leading provider of end-to-end satellite services, is partnering with Space Florida to develop a 660,000 square-foot, state-of-the-art commercial space vehicle manufacturing facility at the Kennedy Space Center’s Launch and Landing Facility on Merritt Island, Florida.

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Governor Ron DeSantis, R-Fla., announced in a news conference on Monday that Terran Orbital will be investing $300 million in new construction and equipment for the “largest satellite manufacturing facility in the world,” and the development is expected to create over 2,000 new jobs.

“In Florida we are going to continue to take the lead on space by investing in infrastructure, training highly skilled workers and maintaining an economic climate that allows companies like Terran Orbital to thrive,” DeSantis continued.

DeSantis noted that satellite manufacturing is an increasingly essential component of the Space Coast’s economy and that this facility will position the state for an impactful contribution to the aerospace industry.

Marc Bell, co-founder and CEO of Terran Orbital, said, “Not only will we be able to expand our production capabilities to meet the growing demand for our products, but we will also bring valuable space vehicle manufacturing opportunities and capabilities to the State of Florida.”

The planned “Industry 4.0” facility will be composed of 10 automated and augmented hangers that will utilize an AI-powered supply chain, 3D printing capabilities and additive manufacturing technologies to produce and deliver thousands of space vehicles to the market per year.

Bell said the facility will create 2,100 new jobs with an average wage of $84,000 by the fourth quarter of 2025.

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