Video Caption: Gov. Hickenlooper signed into law House Bill 1178—Sales & Use Tax Exemption for Qualified Property Used in Space Flight—at the Colorado Space Coalition’s exhibit on Tuesday, May 20 at the 30th Space Symposium in Colorado Springs, the premier gathering of the global space community. This crucial legislation will help expand aerospace industry growth in Colorado.
DENVER (CSC PR) — A group, of Colorado aerospace leaders, is hitting the road to seek additional suppliers and subcontractors as well as develop critical partnerships and dialog on opportunities in the space industry. The inaugural Aerospace Business Development Road Trip is set to roll August 5-9 and is hosted by the Colorado Space Business Roundtable (CSBR), a networking organization of large- and small-aerospace companies.
The Denver Post talks to Tom Marsh, a retired Lockheed Martin executive who recently took over as a new co-chairman of the Colorado Space Coalition, which is charged with promoting the state’s interests.
With the economy in turmoil, “we must sustain and maintain what we have,” Marsh said of Colorado space-related companies that annually generate an estimated $7 billion in revenues. An estimated 166,000 Coloradans are directly or indirectly employed by aerospace, which is one of seven “industry clusters” that are the focus of economic-development officials.