For Full Story: Orlando Sentinel
Article By: Chabeli Herrera
Lunar lander company Moon Express has secured a major round of funding, and that means one thing for the Space Coast: New jobs.
Moon Express, which plans to send spacecraft ultimately to mine the moon, scored $12.5 million in funding this week, thanks in part to an investment from Miami-based Minerva Capital Group. That will allow Moon Express to build out its facilities at launch complexes 17 and 18 at Cape Canaveral Air Force Station.
Those renovations to the former United Launch Alliance Delta II rocket pads will likely create about 50 new jobs.
Space Florida, the state’s spaceport authority, and the Florida Department of Transportation allotted about $2 million in incentives for Moon Express’ relocation to its 72-acre campus on the Space Coast from California and Alabama in 2016.
The company demolished the historic twin launch towers at complex 17 in July, opening the way for Moon Express to move ahead with its refurbishment plans. The added funding this week was another cog necessary to move that wheel forward.