Spacecraft Equipment Supplier To Build Facility In Central Florida

Nov 30, 2016 No Comments by

The RUAG Space USA Inc. production facility will be built in Titusville, eventually creating up to 60 high-wage jobs, announced the Economic Development Commission of Florida’s Space Coast.

RUAG Space USA, a supplier of spacecraft structural and thermal equipment, will operate at the Port Canaveral Titusville Logistic Center. The firm plans to start making satellite structures early next year.

 

“The aerospace industry is undergoing a disruptive transformation,” said Peter Guggenbach, CEO of RUAG Space USA, in a prepared statement. “In what’s known as the new space segment, innovative start-ups and private investors are developing new commercial business models for aerospace applications. We want to be a competitive player in this segment too. The current order from Airbus OneWeb Satellites proves that we’re on the right path.”

The company will begin with 10 employees in 2017 at an average wage of $50,261 and ultimately may reach 60 full-time workers by 2025. The firm went through the state and North Brevard Economic Development Zone incentive programs with the help of the EDC.

 

“Competition across the space industry breeds excellence and RUAG’s selection of Titusville for their U.S. production facility further strengthens Brevard County’s standing as a premier location for aerospace businesses throughout the world,” said Lynda Weatherman, president and CEO of the EDC of Florida’s Space Coast, in a prepared statement.

 

 

Source:  OBJ

 

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