Alaska Aerospace Releases 2018 Annual Report

ANCHORAGE, AK, February 21, 2019 (Alaska Aerospace PR) — Alaska Aerospace released the 2018 Annual Report, titled “Rockets and Roll’n,” commemorating twenty years of space launch from the Pacific Spaceport Complex – Alaska (PSCA) at Narrow Cape, Kodiak. From the first launch in 1998, Alaska Aerospace has completed nineteen government operations, but in in 2018 the first two launches of small commercial launch vehicles were conducted at PSCA.

“This marked a significant moment for Alaska Aerospace, as the company diversified our customer base and entered a new era of space launch activities providing tremendous opportunities for further growth at our spaceport,” stated Mark Lester, Alaska Aerospace President.

The 2018 Annual Report provided a review of the many company accomplishments over twenty years and included a special tribute to the Chief Executive Officers that led the company throughout this period. It also included synopsis of development and launch activities since inception.

“This year we decided our Annual Report should reflect upon the twenty years of our launch activities,” said Craig E. Campbell, Alaska Aerospace Chief Executive Officer. “In addition to providing a review of 2018 operations, this report highlighted the many accomplishments since the first launch in November 1998,” Campbell continued. “Seeing the tremendous infrastructure investment and history of launches puts into perspective the value that PSCA provides to both our state and nation,” he concluded.

In 2014 Alaska Aerospace ceased receiving state operations and sustainment funding and has profitably operated as a state-owned corporation serving both government and commercial customers ever since. The Annual Report provides a positive outlook of future growth with expanded services and a broader customer base.

Alaska Aerospace is a state-owned corporation established to develop a high-technology aerospace industry in Alaska. Alaska Aerospace operates the Pacific Spaceport Complex – Alaska (PSCA) located on Kodiak Island offering all indoor, all weather, processing and providing optimal support for both orbital and sub-orbital rocket launches. Its corporate headquarters is in Anchorage with a regional office in Huntsville, Alabama.