Tag: aerospace
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Space startup in Colorado working its own Project Hail Mary to save NASA telescope
On the edge of the main road connecting Denver to Boulder, a space startup’s manufacturing facility in Broomfield has been racing against the clock for a once-in-a-lifetime mission. In a span of eight months, Katalyst Space Technologies has taken a napkin sketch of a concept and built a robotic spacecraft called Link to save the…
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Colorado EDC grants $13.3M in incentives to 4 companies
The Colorado Economic Development Commission on Thursday approved a total of up to roughly $13.3 million in job growth tax incentives for four companies considering expanding in the state. Commissioners approved up to $1.73 million in performance-based job growth tax incentive credits over a period of eight years to a manufacturer that produces custom parts,…
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Colorado awards $26M in tax incentives to keep aerospace company in state
A technology company in the aerospace and defense industry is looking to expand and could bring 1,250 jobs to Colorado if it chooses to continue growing in the state. The Colorado Economic Development Commission approved $26 million in job growth incentive tax credits on Thursday for an unnamed company called “Project Hera.” (The commission often…
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Mars Sample Return mission in jeopardy, Lockheed Martin thinks it can still be done
When it landed on Mars in 2021, the Perseverance rover set out to collect roughly 30 samples of soil from the red planet. The grand space strategy at the time would see the samples retrieved by another spacecraft and brought back to earth later. Originally meant to be an autonomous retrieval, led by local aerospace…
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Ohio-based aerospace company SelectTech taps El Paso County for expansion
By Breeanna Jent and Alexander Edwards The Gazette Ohio-based aerospace company SelectTech Services Corporation is expanding to Colorado Springs. Company leadership, Gov. Jared Polis and local business and economic development officials announced the expansion on Wednesday afternoon during the 41st Space Symposium held at The Broadmoor. SelectTech is a mission-driven company that supports the U.S.…
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Monument company tapped to build latest Air Force Academy satellite
A local company is going to help build an Air Force Academy satellite operated by cadets. The Department of Defense on Thursday approved a $17.7 million contract with Monument-based Geneva Technologies to build and test FalconSAT-11. The company will push the satellite’s bus, the chassis, through the design, assembly, integration and test phases. Work should…
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Monument company tapped to build latest Air Force Academy satellite
A local company is going to help build an Air Force Academy satellite operated by cadets. The Department of Defense on Thursday approved a $17.7 million contract with Monument-based Geneva Technologies to build and test FalconSAT-11. The company will push the satellite’s bus, the chassis, through the design, assembly, integration and test phases. Work should…
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NASA taps Colorado companies to lead development on telescope searching for life on other planet
NASA has selected two Colorado companies to help develop a future NASA space telescope that will look for signs of life on other planets. The flagship project, called the Habitable Worlds Observatory, will be the first space telescope purpose built to observe planets orbiting distant stars. It will seek to answer one of humanities ongoing…
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Colorado’s United Launch Alliance CEO resigns
Tory Bruno, the head of United Launch Alliance, has stepped down, the Centennial-based aerospace company announced Monday. Bruno left the company after leading it for 12 years to “pursue another opportunity,” said Robert Lightfoot and Kay Sears in a statement, ULA board chairs representing Lockheed Martin and Boeing, respectively. “We are grateful for Tory’s service…
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Colorado Aerospace & Defense Economic Council works to grow industry in Colorado Springs and beyond
As Colorado Springs’ defense community faces potential headwinds with the loss of Space Command, the Colorado Springs Chamber & Economic Development Corp. has launched an initiative to help ensure local businesses are ready to compete for new opportunities, such as contracts on the proposed multi-billion-dollar missile defense system called Golden Dome. The chamber launched the…