Epic Thanksgiving Giveaway: MSI GeForce RTX 3080 GAMING X TRIO!

New Mexico Spaceport Authority seeking new space customers

The state of New Mexico is considering new methods to create revenue in its expensive Spaceport America project.

Published Mon, Nov 24 2014 3:36 AM CST   |   Updated Tue, Nov 3 2020 12:13 PM CST

The New Mexico Spaceport Authority is trying to attract new customers willing to launch commercial flights from Spaceport America, but those efforts hit a bump in the road when Virgin Galactic SpaceShipTwo suffered a "serious anomaly" that left one test pilot dead. With the Virgin Galactic flights delayed, New Mexico could lose up to $1.7 million per year, as authority officials try to find new temporary revenue streams.

New Mexico Spaceport Authority seeking new space customers | TweakTown.com

Leasing the facility for outside functions such as photo and video shoots, fashion shows and similar activities will help ease the financial bleeding - but the true benefit could be from UP Aerospace and other future rocket launches. SpaceX's tests of a reusable rocket is expected to begin in spring 2015, which will add much-needed revenue.

The State of New Mexico has invested almost $220 million into space tourism, but lawmakers are increasingly concerned about the state's investment.

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

Newsletter Subscription

Related Tags

Newsletter Subscription
Latest News
View More News
Latest Reviews
View More Reviews
Latest Articles
View More Articles