The Midland Reporter-Telegramreports that Midland Development Corporation has approved a deal with Kepler Aerospace for the city’s spaceport.
The board approved a couple of items having to do with Kepler Aerospace Ltd.: a sublease agreement that calls for the Florida-based company to occupy the empty, 17,000-square-foot building – once occupied by Orbital Outfitters – at the business park at Midland International Airport. The deal does not include a cash incentive, but that if Kepler meets contractually obligated milestones, it will receive lease abatements for three years, MDC officials have stated.
A final deal will go before the Midland City Council for its approval.
It is the second deal MDC directors have made to resurrect the spaceport following the bankruptcies of XCOR Aerospace and Orbital Outfitters. The MDC previously made a deal with Avellan Space Technology & Science in late 2018 to take over the hanger once occupied by XCOR Aerospace. The company has received rent abatements for reaching its negotiated goals.
“What (the agreement with Kepler) illustrates is the viability of what the spaceport could become,” outgoing MDC Chair Brent Hilliard said.
According to its website, Kepler is a worldwide holding company that is
currently developing and commercializing many of these technologies such as its proprietary plasma, or high energy electrical power, technology to generate propulsion, thrust, lift and flight.
The Company has also developed several other proprietary propulsion, energy and microwave burst technologies that can be used in several configurations and are currently being developed by the company as technologies to be marketed to the military and defense industries.
MIAMI, November 15, 2018 (AST&Science PR) – AST&Science, after an intensive competitive process, today announced the selection of Midland, Texas, as the location for its new high-volume North American satellite manufacturing plant and corporate headquarters.
With two key tenants — XCOR and Orbital Outfitters — out of business, the Midland Development Corporation has hired Interflight Global to advise it on the next steps for Midland’s spaceport.
It’s a move that City Councilman J. Ross Lacy, who also serves as the President for the Midland Spaceport Development Corporation, thinks is a step in the right direction.
“As we continue to move forward and we see the space industry transform, we needed to bring in Oscar and his group to really help us move forward, and, in some of the areas that we are going to be pursuing, it’s critical to have his expertise as we move into a new chapter for the Spaceport in Midland,” Lacy said.
As far as what the consulting firm will specifically address, MDC chairman Brent Hilliard explained “that contract is just to help us write a business plan for the space port.”
As a more clear business direction is carved out for the space port, the MDC will look to fill out the hangars and buildings that have already been built in the space port’s business park, as the park’s former tenants no longer occupy the space.
I realize it’s a bit late, but here’s a look back at the major developments in space in 2017.
I know that I’m probably forgetting something, or several somethings or someones. Fortunately, I have eagle-eyed readers who really seem to enjoy telling me just how much I’ve screwed up. Some of them a little too much….
So, have at it! Do your worst, eagle-eyed readers!
MOJAVE, Calif. – Troubled XCOR Aerospace, a pioneer in reusable rocket engine technology, filed for Chapter 7 bankruptcy in federal court on Wednesday, according to court documents.
The filing will lead to the liquidation of the 18-year old company, whose engine technology was designed to power the two-person Lynx suborbital space plane XCOR was building. The vehicle, which was designed to take off and land on a runway, was only partially completed before most work on it stopped last year.
Despite laying off its 21 remaining employees, XCOR Aerospace isn’t dead yet. But, it’s not in real good shape, either.
It turns out that a major blow to the company was the loss of a contract with United Launch Alliance (ULA) to develop an upper stage for the Vulcan booster.
The primary impetus for the layoffs, Acting CEO and XCOR Board member Michael Blum told me, is the loss of a contract for engine development that the company had with United Launch Alliance. “The proceeds should have been enough to fund the prototype of Lynx [the company’s planned spacecraft], but ULA decided they’re not going to continue funding the contract. So we find ourselves in a difficult financial situation where we need to raise money or find joint developments to continue.” ULA declined to comment. (more…)
MIDLAND, Texas (MDC PR) – The Midland Development Corporation (MDC) and LeoLabs, Inc., celebrate the completion of the Midland Space Radar facility with a ribbon cutting ceremony. Construction of the Midland Space Radar began in September 2016 and was completed in February 2017.
MIDLAND, Texas, September 13, 2016 (MDC PR) – The Midland City Council and the Midland Development Corporation (MDC) approved two agreements with LeoLabs, Inc., a company offering space debris tracking services.
The city of Midland has executed a License Agreement regarding city-owned property for the use of LeoLabs.
The MDC has entered into a promotional agreement with LeoLabs, Inc., which will include advertising and publicizing for the City of Midland for the purpose of developing new and expanded business enterprises.
MIDLAND, Texas (MDC PR) – The Midland Development Corporation (MDC) and The Midland City Council approved an agreement wherein the MDC will fund The University of Texas Permian Basin (UTPB) for the research and development of a concentration in aeronautical engineering.
The funds provided by the MDC will be contributing to the development of a new aeronautical engineering program at UTPB for an aerospace faculty member and the development of laboratories. The funds are also targeted to develop and maintain specific Bachelor-Degree academic programs that facilitate new and existing industrial and aerospace development.
The Midland Development Corporation and XCOR have struck a deal relating to the company’s hangar in Texas.
XCOR agreed to give Hangar A — or half of the building XCOR occupies at the Spaceport Business Park — back to the city. The more than 40,000-square-foot space would cost about $7.5 million to build, which is the same amount of tax revenue that MDC gets in one year.
XCOR will also pay $6,000 a month to lease its remaining half, or Hangar B.
In exchange, the MDC passed an agenda item reimbursing XCOR for about $795,500 for improvements to Hangar A…
(XCOR has) come to the conclusion that they basically had more space than they really needed at this point,” said Robert Rendall, MDC board member. “At the same time, we had prospects that are interested in coming to the Spaceport business park, so it was just a good opportunity for us to relook at their needs and our needs and possibly provide space for other companies that wanted to come in without having to build them a building right now.”
MIDLAND, Texas (Press Release)—In a joint release today, the Midland International Airport, Midland Development Corporation, XCOR Aerospace and Orbital Outfitters announced the Federal Aviation Administration (FAA) approval of a Commercial Space Launch Site License (Spaceport) for the Midland International Airport (MAF). Midland International Airport is the first primary commercial service airport to be certified by the FAA under the Federal Aviation Regulation (FAR) Part 420 as a spaceport and will furthermore be referred to as the Midland International Air & Space Port.
The complex features three chambers — a vacuum system, an observation room and safety support systems — according to a presentation made by co-developers Holder Aerospace and Orbital Outfitters. Two of the chambers will be used to test the space suits that Orbital Outfitters are custom-building for XCOR Aerospace’s Lynx space vehicle.
Wall Breaking Ceremony Marks Start of Hangar Renovations
Midland, Texas, August 15, 2014 (XCOR PR) —At 10am this morning,just feet from the runway which will rocket XCOR® Lynx®customers to space and back, Midland Development Corporation and XCOR Aerospace® invited local officials, contractors, Midland residents and local press to attend the kickoff of new renovations on the XCOR hangar with a ceremonial wall breaking inside of XCOR’s Commercial Spaceflight Research and Development Center Headquarters at Midland International Airport (MAF).