State Pledges Millions to Space X

The state has pledged more than $7 million to help SpaceX increase its local launch rate and potentially attract hundreds of jobs to the Space Coast.

Hawthorne, Calif.-based SpaceX plans to expand one facility and build another at Cape Canaveral Air Force Station so the company can process multiple Falcon 9 rockets and ready spacecraft for launch.

“Having extra processing facilities for launch vehicles and payloads enables us to increase our launch rate,” said SpaceX spokesman Bobby Block. “The greater the launch rate, the more activity you have out at the Cape.”

The Falcon 9 made its first two launches last year, including a demonstration mission under a NASA program preparing for deliveries of cargo to the International Space Station. Another demonstration for NASA is planned late this year.

The company currently has 20 launches from the Cape under contract, including 13 for NASA, and hopes to launch from there monthly starting in 2015. Read Full Article

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