PUNTA GORDA, Fla.—Florida Gov. Ron DeSantis on Monday announced a new 660,000 square foot facility would be erected to house Terran Orbital, a commercial spacecraft company expected to bring approximately 2,100 jobs to the Sunshine State’s Space Coast.
Speaking from Merritt Island, Florida, Terran Orbital CEO Marc Bell said that the company intends to invest more than $300,000 million in new construction and equipment, making it the largest satellite manufacturing facility in the world. By the end of 2025, the estimated average annual wage would be $84,000. He said the groundbreaking for the facility would be next summer.
