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A Japanese aerospace company that is developing a lander for deliveries to the moon has chosen Colorado for its US headquarters.
Governor Jared Polis said in a statement Monday that ispace inc. will open its office in the Denver area.
“Colorado is a recognized leader in the aerospace industry and one of the best places to live and start or run a business,” said Polis.
According to a report by the Metro Denver Economic Development Corp. , bringing to 198,220 direct and indirect jobs supported by the aerospace sector.
The industry contributes more than $ 15 billion a year to the state’s economy.
“Colorado’s vibrant aerospace ecosystem and abundance of talent aligns strongly with our aggressive hiring plan,” said ispace CEO Kyle Acierno.
In October, the Colorado Economic Development Commission approved a job growth incentive tax credit of up to $ 1.13 million for ispace. The new office is expected to employ 48 people over the next five years with an average salary of $ 118,333.
The company is also looking to build a factory to manufacture its landers, although it is uncertain whether this will be built near the US office.
State officials highlighted ispace’s decision to open an office in Colorado to the state’s highly skilled workforce, strong aerospace industry and strong partnerships between economic development agencies. local and state and industry. It was not clear when ispace will open the office.
The company said it hired Kursten O’Neill, who previously worked for SpaceX, where she managed the introduction of new products for the rocket maker’s fleet of Falcon vehicles for several years. At ispace, she will lead the engineering for the company’s next generation lunar lander.
The Lunar Exploration Company is building a commercial lunar lander to provide low cost delivery service to the moon. The company said in a statement that it had raised around $ 125 million for the project.
The company has been selected by the European Space Agency to be part of the science team for PROSPECT, a program that aims to extract water from the moon.
Aldo Svaldi contributed to this report.
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