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XCOR Aerospace + Midland Development… Will Be Moving On In… (Business)

July 10, 2012


XCOR Chief Test Pilot Richard Searfoss shows Texas Governor Rick Perry a full sized Lynx model unveiled during a ceremony held at the Midland International Airport, where XCOR will open a new R&D headquarters. Photo courtesy of XCOR.
[SatNews] The Midland Development Corporation (MDC) and XCOR Aerospace jointly announced the establishment of…

…XCOR’s new Commercial Space Research and Development Center Headquarters that will be created over the next 18 months. XCOR manufactures reusable rocket engines for major aerospace prime contractors and is the designer, manufacturer and operator of the Lynx, a winged fully reusable, high performance suborbital space vehicle that is designed to safely carry two persons or scientific experiments to the edge of space and back up to four times per day.

“This is a great day for Midland and a huge step forward for the State of Texas. Visionary companies, like XCOR, continue to choose Texas because they know that innovation is fueled by freedom,” Gov. Perry said. “Whether on the cutting edge of biotech, communications, commerce or privatized efforts to serve the needs of the next generation of space explorers, you can find Texas at the forefront of the movement.”

XCOR will be establishing their new R&D center on the flight line at Midland International Airport (MAF) in a newly renovated 60,000-square-foot hangar, which will include office space and a test facility. The renovation is expected to commence in early 2013, and be completed by the late autumn. In parallel with the XCOR facility renovation, the City of Midland is applying to the Federal Aviation Administration (FAA) for a Commercial Space Launch Site designation for MAF, an estimated 12 to 18 months process. Upon completion of the licensing process and the hangar renovation, the XCOR presence will begin to ramp up. The FAA spaceport designation will also be an important economic development tool because of the potential growth in the commercial space sector as NASA relies more on commercial service providers for launch capability and the space tourism market evolves.

Filed Under: Contracts & Commercial Deals, Launch Sites & Infrastructure

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