Is this Space Florida’s Mysterious Project Sabel?

space_florida_logoAt a meeting last week, Space Florida’s Board of Directors agreed to allow staff to proceed with Project Sabel, an initiative to bring an unnamed company interested in establishing a “major aerospace presence” in the Sunshine State.

The project would involve an initial capital investment of $80 million, including a $36 million manufacturing facility, and generate approximately 250 high-paying jobs. Space Florida would finance, build and own the manufacturing facility and lease it to the company under a long-term agreement, according to board documents. The project would be eligible for $17.5 million in matching funds from the Florida Department of Transportation.

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