Alaska Aerospace CEO Retires

Anchorage, AK (Alaska Aerospace PR) — Dr. Robert McCoy, Alaska Aerospace Board of Directors Chair, announces the board has accepted the retirement request of the Corporations Chief Executive Officer, Craig E. Campbell, effective May 31, 2019. “Craig was instrumental in leading the transformation of Alaska Aerospace during some extremely tumultuous times,” stated Dr. McCoy.

“Under his strong leadership, we rebuilt facilities, secured a multi-year, multi-launch contract with the Missile Defense Agency; conducted our first international operations; signed contracts with emerging small launch vehicle companies and conducted our first purely commercial launch from PSCA; established a wholly-owned subsidiary to offer low cost launch services to commercial spaceports worldwide; initiated work towards developing an equatorial launch site within the Pacific Region; secured federal infrastructure funding to expand PSCA capabilities to support the National Security Space Program; streamlined policies and procedures to make PSCA our country’s premier, non-federal, commercial spaceport; and returned Alaska Aerospace to profitability without state funding support. We are a much stronger company today, with a more secure future, because of Craig’s vison and leadership,” he concluded.

In reflecting on his time with Alaska Aerospace, Campbell said “I want to extend my appreciation to the Board of Directors for their leadership and steadfast backing of our efforts to radically change the structure and business relationships of Alaska Aerospace to allow this positive change to occur. These past seven years have been a tremendous experience and, personally, I have been honored to have had the opportunity to lead this company and our tremendous people through its most dynamic period in our history.”

Alaska Aerospace is a state-owned corporation established to develop a high-technology aerospace industry in Alaska. Alaska Aerospace operates the Pacific Spaceport Complex – Alaska (PSCA) located on Kodiak Island offering all indoor, all weather, processing and providing optimal support for both orbital and sub-orbital rocket launches. Its corporate headquarters is in Anchorage, Alaska with a regional office in Huntsville, Alabama.

Alaska Aerospace Hires New President

Mark D. Lester

ANCHORAGE, AK (Alaska Aerospace PR) — Alaska Aerospace announces the hiring of Mark D. Lester to serve as the Company’s new President. Mark will report directly to Craig Campbell whom continues as Alaska Aerospace’s Chief Executive Officer.

Mark brings a wealth of aerospace experience to Alaska Aerospace. Prior to joining Alaska Aerospace, Mark was the Founder and Chief Executive Officer of Pantigo Lester LLC in Colorado Springs where he provided management consulting services to mid-market aerospace and defense businesses. His background includes previously serving as the Chief Executive Officer with Doss Aviation, as well as providing business development, marketing, program management, and engineering expertise for a number of aerospace companies.

Mark also served in the United States Air Force as a space systems engineer, satellite operator, and intelligence analyst. He holds both a Bachelor of Science in Electrical Engineering from Norwich University and a Master of Engineering in Space Operations from the University of Colorado.

“As Alaska Aerospace diversifies our customer base to include more government and commercial operators from the Pacific Spaceport Complex – Alaska, I am very pleased that Mark will be leading our efforts to streamline operations and bring a fresh perspective on ways Alaska Aerospace can expand business development in Alaska,” said Craig Campbell, Alaska Aerospace Chief Executive Officer. “Mark’s professional experience provides Alaska Aerospace a tremendous opportunity to remain competitive in space launch by enhancing our business practices and providing customers more affordable launch costs,” Campbell stated.

Alaska Aerospace is a state-owned corporation established to develop a high-technology aerospace industry in Alaska. Alaska Aerospace operates the Pacific Spaceport Complex – Alaska (PSCA) located on Kodiak Island offering all indoor, all weather, processing and providing optimal support for both orbital and sub-orbital space launches. Its corporate headquarters is in Anchorage, Alaska with a regional office in Huntsville, Alabama.

North Korea’s Kim Jong-un Helping to Keep Alaska Aerospace in Business

The U.S. Missile Defense Agency and U.S. Army soldiers of the 11th Air Defense Artillery Brigade from Fort Bliss, Texas, conducted a successful missile defense test on July 30 using the Terminal High Altitude Area Defense (THAAD) system. (Credit: MDA)

The nuclear missile threat posed by North Korean dictator Kim Jong-un has proven to be a lifeline to the Alaska Aerospace Corporation and its little used Kodiak launch facilities.

Twice during the past month, the U.S. Army launched Terminal High Altitude Area Defense (THAAD) missile interceptors from the The Pacific Spaceport Complex in Kodiak. The tests were done under an $80.4 million contract with the U.S. Missile Defense Agency.

The contract helped revive the struggling agency, which suffered serious damage to its launch facilities in 2014 after a U.S. Army rocket exploded shortly after takeoff. The state-run corporation is eyeing the booming small-satellite market.

One commercial contract that is signed and scheduled for December is with a new space company that cannot now be identified, Campbell said.

Vector Space Systems, an Arizona-based company formerly known as Garvey Spacecraft, has also signed with Alaska Aerospace for test flights of its new Nanosat Launch Vehicle, the Vector-R, in 2018.

A contract that still in negotiation for launches planned in 2018 and 2019, is with Rocket Lab USA, a California-based company that has been in the space business for several years.

Rocket Lab now wants to use Kodiak for launches of its new “Electron” rocket, Campbell said.

Another company in discussions for launches in 2019 is Zero Point Frontiers, based in Alabama, for its 55-foot Xbow Launch Vehicle that will launch small satellites to orbit.

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