Florida Gov. Rick Scott has proposed keeping Space Florida’s budget stable at $10 million and designating an additional $15 million from the state transportation budget for infrastructure improvements designed to attract commercial business to the Space Coast.
The funding is part of a new budget proposal that contains cuts in other areas. The Florida Legislature will now take up the budget plan, which would go into effect next July 1.
“Florida’s aerospace industry is going through a major shift and there has been significant, positive movement from the business development side this year,” said Space Florida President Frank DiBello. “We look forward to leveraging this funding to continue that progress in the coming year.”