WKYT | Lexington, Kentucky | News

Elon Musks' SpaceX signs lease at NM spaceport

Another space industry heavyweight will use New Mexico

Photo credit: SpaceX

ALBUQUERQUE, N.M. (AP) - Another space industry heavyweight will use New Mexico's Spaceport America.

Gov. Susana Martinez announced Tuesday that Elon Musks' Space Exploration Technologies, or SpaceX, has agreed to a three-year lease to do testing of its "Grasshopper" reusable rocket in southern New Mexico.

SpaceX is one of the leading developers of rockets and spacecraft and is one of the companies the Spaceport project has been trying to recruit.

Spaceport America Executive Director Christine Anderson says the Grasshopper project is moving from McGregor, Texas, to New Mexico because the rocket needs to be tested at higher altitudes. She says the reusable rocket could revolutionize the commercial space industry by greatly reducing costs.

Richard Branson's space tourism company, Virgin Galactic, is the anchor tenant at Spaceport, which has struggled to attract other businesses.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

WKYT

2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 206462841 - wkyt.com/a?a=206462841
Gray Television, Inc.