Commercial space company moving headquarters to Texas
MIDLAND – Gov. Rick Perry today joined XCOR Aerospace and the Midland Development Corp. to announce the creation of XCOR’s new Commercial Space Research and Development Center headquarters at the Midland International Airport. XCOR develops and produces reusable launch vehicles, rocket engines and rocket propulsion systems, and will create 100 jobs at this new facility.
“This is a great day for Midland and a huge step forward for the State of Texas. Visionary companies, like XCOR, continue to choose Texas because they know that innovation is fueled by freedom,” Gov. Perry said. “Whether on the cutting edge of biotech, communications, commerce or privatized efforts to serve the needs of the next generation of space explorers, you can find Texas at the forefront of the movement.”
XCOR’s new headquarters will focus on development of the Lynx, the company’s next generation reusable launch vehicle. Lynx is a two-seat suborbital vehicle that takes off and lands like normal aircraft. The vehicle will carry a pilot and one spaceflight passenger, and will provide affordable launch services for academic, scientific and engineering markets.
“We are pleased to be establishing our R&D Center in Midland, Texas, where the weather, surrounding landscape, the airport, and the local & state government environment are ideally situated for the future growth and the ultimate realization of a fully reusable orbital system,” Andrew Nelson, chief operating officer of XCOR Aerospace, said. “With future suborbital operational sites on the East and West Coasts of the United States and around the world, plus a manufacturing and test facility geographically separate from our R&D facility, Midland will truly be at the heart of XCOR’s innovation engine.”
“We are elated to welcome XCOR to Midland and to the state of Texas. The Permian Basin is a proud and industrious area where we have developed and maintained the leadership, infrastructure and highly capable work force that will support the further development of XCOR systems,” Rep. Tom Craddick said. “With the announcement of the new XCOR research and development headquarters being built in here, Midland will soon be known world-wide not just as a leader in oil and gas industry, but also as a trailblazer in the aerospace industry.”
“The decision to establish XCOR’s R&D Center Headquarters in Midland came after intense competition from other locations,” Midland Development Corp. Executive Director Pam Welch said. “Once the technical and operational needs of XCOR were met, the final factors influencing the decision to locate R&D to Midland included the friendly business climate, a predictable regulatory environment and the State of Texas tort reform initiatives. These factors allowed XCOR to see a long term future happening in Midland.”
To view Gov. Perry’s full remarks, please visit http://governor.state.tx.us/news/speech/17409.
For more information about XCOR Aerospace, please visit http://www.xcor.com/.