Terran Orbital to invest $300 Million in Florida to Construct the World’s Largest, State-of-the-Art, Spacecraft Facility
Creating over 2,000 new jobs
Staff Reports
Monday, Governor DeSantis announced Terran Orbital’s decision to choose Merritt Island for the construction of its Commercial Spacecraft and Constellation Facility, bringing valuable spacecraft manufacturing opportunities and capabilities to the State of Florida
by investing more than $300 million in new construction and equipment. This will be the largest satellite manufacturing facility in the world. The project is expected to create approximately 2,100 new jobs with an estimated annual average wage of $84,000 by late 2025.
The approximately 660,000 square foot, custom designed facility will enable Terran Orbital to manufacture the entire small satellite life cycle. Located at the LLF on the east side of the runway, Terran Orbital’s campus will provide space vehicle assembly; printed circuit board assembly manufacturing; CNC machining and additive manufacturing; space vehicle module, subsystems, and electro-mechanical assembly; harness and cabling production; and qualification and acceptance testing. The three-building development will also include administrative and office space.
“I am excited to announce that Terran Orbital will be investing $300 million in the Space Coast to build the largest satellite manufacturing facility in the world,” said Governor Ron DeSantis. “Satellite manufacturing is and will continue to be an important part of the economy in the Space Coast, and with this announcement we are upping the ante. In Florida we are going to continue to take the lead on space by investing in infrastructure, training highly skilled workers and maintaining an economic climate that allows companies like Terran Orbital to thrive. I congratulate them on a great decision to come to Florida.”
“We are pleased to partner with Space Florida,” said Co-Founder and Chief Executive Officer of Terran Orbital Marc Bell. “Not only will we be able to expand our production capabilities to meet the growing demand for our products, but we will also bring valuable spacecraft manufacturing opportunities and capabilities to the State of Florida by investing more than $300 million in new construction and equipment and creating approximately 2,100 new jobs with an average wage of $84,000 by the end of 2025.”
About Space Florida: Space Florida was created to strengthen Florida’s position as the global leader in aerospace research, investment, exploration and commerce. As Florida’s aerospace and spaceport development authority, we are committed to attracting and expanding the next generation of space industry businesses. With its highly trained workforce, proven infrastructure and unparalleled record of achievement, Florida is the ideal location for aerospace businesses to thrive – and Space Florida is the perfect partner to help them succeed. www.spaceflorida.gov
About Terran Orbital: Terran Orbital Corporation is the leading vertically integrated provider of end-to-end satellite solutions. Terran Orbital combines satellite design, production, launch planning, mission operations and in-orbit support to meet the needs of the most demanding military, civil and commercial customers. In addition, Terran Orbital is developing the world’s most advanced Earth Observation Constellation to provide vital capabilities in image responsiveness. www.terranorbital.com
