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Private Space Firm XCOR May Establish HQ In Midland, Texas 42

Posted by timothy
from the suborbital-is-a-fun-word-to-say-aloud dept.
MarkWhittington writes "A deal is in the works to establish a corporate headquarters in Midland, Texas for XCOR, a commercial space company that is developing a suborbital space tourism vehicle, the Lynx. The deal will likely also involve certifying Midland International Air Port as a space port so that the Lynx can operate there. XCOR is characterizing the move as an expansion as it still intends to maintain operations at the Mojave Spaceport in California."
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Private Space Firm XCOR May Establish HQ In Midland, Texas

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  • Midland, TX ... (Score:1, Insightful)

    that fount of knowledge, progress and presidents.
    • Re: (Score:3, Interesting)

      by Anonymous Coward

      Putting a spaceport in Midland, Texas is not so unreasonable. It is not very different, in terms of infrastructure, from any Rust Belt town. It has the added advantage of being both in the middle of nowhere and in a state where the business will be given a fairly free hand. More importantly, it is relatively close to Houston (and I say that in the sense of close that only a Texan could use).

      • by alen (225700)

        It's just that the average slashtart thinks anyone outside the coasts is a dumb redneck

        Little do they know that Texas has a decent tech industry especially telecom

    • by Anonymous Coward

      From the original new source:

      The economic development agreement, according to the Reporter-Telegram report, involves $10 million in incentives for XCOR to establish its headquarters there, including $2 million for moving there and $3 million for upgrades to the hangars; the rest are “performance incentives” for reaching a payroll of $12 million within five years.

      Sheesh, only $10 million? Why not just give them $500 million without any strings attached? It worked so well with other companies.

    • by gangien (151940)

      funny how many people decry bigotry, then turn around and spout off crap like the OP.

    • Re:Midland, TX ... (Score:5, Informative)

      by fermion (181285) on Sunday July 08, 2012 @11:38PM (#40587937) Homepage Journal
      So Midland is a central location with lots of room to expand into a spaceport and provide a large buffer zone. It is a short flight from many major airports which makes it accesible from anywhere in the US. A nonstop flight from the major cities in Texas and states around Texas.

      As far as workers, if I were an aerospace engineer I would be more interested in working on cool stuff like this with long term civilian potential than the fact that it is in the middle of nowhere. This is an exciting time to be a young person, more exciting than 20 years ago when the Space Shuttle was in the heyday.

      I know what clear lake was like before JSC. I can only imagine what backwater the area around KSC was like. Los Alamos was only a boys school before the the national lab was installed. There is nothing to limit what we are going to be doing with commercial space travel except our imagination.

  • by Anonymous Coward

    Bring on the chryssalids!

  • What a glorious triumph for textual browsers. What's next, the elinks rocket? I can't wait!!
  • What a shock: moving to a state that places corporations above people - especially w.r.t. taxes.

    Just like the foreign car companies that only open factories in the southeast US, where the politicians are literal fatcats and the workers are suicidally anti-Union.
    • WTH are you talking about? Texas has no state income tax, but does have a corporate "franchise tax" ( in essence, an income tax). The majority of government function is paid by property taxes, both individual and business. Businesses come here because we are business-friendly and the people know how to work for a living (no to cast aspersions elsewhere). The State recognizes that without business, people don't work, and people who don't work can't pay taxes or buy food.

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