For Full Story: Florida Today

Article By: Dave Berman

 

OneWeb plans to open an antenna assembly, storage and testing facility at the Port Canaveral Logistics Center in Titusville.

Canaveral Port Authority commissioners could consider approving a five-year lease agreement with the company as soon as Wednesday night. But the port as of Tuesday afternoon had not received a signed lease from OneWeb, so it is possible the Port Authority action will be delayed until its June 27 meeting.

Under the proposed agreement, OneWeb would lease 19,210 square feet of space in the 246,240-square-foot building at 7700 U.S. 1 in south Titusville.

The port would receive revenue from the lease of $839,706 during the initial five-year lease period.

As part of the agreement, the port agreed to reimburse OneWeb for up to $365,560 in capital improvements at the site.

OneWeb’s move into the Port Canaveral Logistics Center would be part of a major Space Coast expansion for the aerospace company.

OneWeb Satellites is building a $70 million facility at the Space Florida-run Exploration Park at Kennedy Space Center, where it will assemble hundreds of refrigerator-sized broadband satellites. That complex, which is nearing competition, initially will employ 125 to 150 people.