Site icon Polvadera Chiles and New Mexico News

Silicon Valley company announces investment at Spaceport

Spaceport America has landed another tenant, signing a multi-year lease with a Silicon Valley firm called SpinLaunch.

The California company is leasing acreage from the commercial space hub near Truth or Consequences and will build a facility employing at least 20 people, according to spokeswoman Diane Murphy. It will include a launch site that Murphy said will serve as a testing grounds for its launching technology.

Spaceport CEO Dan Hicks said there was potential for a lease extension. SpinLaunch…

Source: The Business Journal

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