Space Florida has approved a massive investment for “Project Hinton”, a $1.8 billion initiative at Cape Canaveral Spaceport, with construction starting January 2025. This project will include a high-volume production facility, high bay, and launch infrastructure, creating around 600 jobs with an average salary of $93,000. Space Florida is contributing up to $65 million in matching funds through the Spaceport Improvement Program to support development.
While the company behind Project Hinton remains undisclosed, speculation points to SpaceX due to its ongoing infrastructure expansion in Florida. The project’s urgency reflects increasing demand for space-based activities, with construction and procurement already planned to begin early next year.
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