Site icon Polvadera Chiles and New Mexico News

Silicon Valley co. to break ground on new Spaceport facility

SpinLaunch, an aerospace company vying to spin satellites so fast it can launch them into orbit, is set to break ground on a new Spaceport America facility Tuesday, a media advisory from the Spaceport says.

The Sunnyvale, California-based company signed a multi-year lease for acreage from the commercial space hub near Truth or Consequences in January, and its facility is set to house at least 20 people, spokeswoman Diane Murphy previously told Business First.

SpinLaunch will invest $7 million…

Source: The Business Journal

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