The AP is reporting that UP Aerospace has agreed to launch rockets from Spaceport America in New Mexico for the next 10 years. The Colorado-based company has previously launched two rockets from the desert facility.
The memorandum of understanding, described as a handshake deal, represents the first long-term agreement for the nascent spaceport. New Mexico is planning to develop the facility near Truth or Consequences to accommodate suborbital tourism flights. State officials are negotiating a 20-year agreement with London-based Virgin Galactic.
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