Relativity Space's $565M expansion plan to create 590 jobs in Brevard | Exclusive
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In its initial expansion phase, Relativity Space is projected to create 590 new jobs with average salaries of $86,000 - while investing more than half a billion dollars on rocket-related infrastructure on Florida's Space Coast, Space Florida reported. Last month, Relativity Space made a splash by announcing plans to hire thousands of employees by the end of 2034 and build facilities across NASA's Kennedy Space Center and Cape Canaveral Space Force Station. The private company is rebuilding Launch Complex 16 at the military installation to accommodate future liftoffs of its 284-foot, two-stage Terran R rockets. Relativity Space has released few details in subsequent weeks. But on Wednesday, Aug. 26, the Space Florida Investment Committee discussed the company's comprehensive development plan to add payload processing, upper-stage testing capabilities and future aerospace manufacturing, as well as expanded launch capabilities at LC-16. Formerly labeled the secretive code name Project Forge , Relativity Space's first expansion phase will include a total capital investment of $565 million, Space Florida Chief Investment Officer Ronald Lau said. The company applied for funding via the Florida Department of Transportation's Spaceport Improvement Program, and Space Florida's board of directors will vote in early September whether to negotiate for: "This new expanded partnership...
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