Space Florida Negotiating with Unidentified Launch Company

The Orlando Sentinel reports that Space Florida is closer to a deal with an unidentified launch services company to bring 239 jobs to the Space Coast.

Space Florida’s Board of Directors approved a request to finalize negotiations with an undisclosed company under code name “Project Maricopa” Tuesday during its quarterly meeting in Orlando. Because of the competition involved in the deal, Space Florida will not reveal the name of the company until terms are complete.

Under the planned deal, the Florida Department of Transportation will reimburse 50 percent of what the company spends on common infrastructure, such as roads and utilities, up to $18.9 million. In exchange, the company will commit to investing $52 million in Florida….

Space Florida has been in talks with the company for the past year, ironing out a deal that would include launch services at Cape Canaveral Air Force Station’s launch complex 20 and a manufacturing facility at Exploration Park, the state-run complex near Kennedy Space Center.