1. Space Florida Enabling the Future of Space Commerce
Start by telling them you know where we’ve been, but today I want to show you where Space Florida and the Cape Canaveral Spaceport are going.
June 4, 2019

2. Public Corporation & Independent Special District
Space Florida Structure & Role
Public Corporation & Independent Special District
Spaceport Authority
Develop
Infrastructure
Statewide Planning
Build, Own, Lease, & Operate Facilities
Industry Development Role
Unique Financial & Infrastructure Tools
Conduit Lease Financing
Access to Capital Markets
Multi-Tenant Developments
SLC-46
Exploration Park
Launch & Landing Facility
Mission:
Expand and Diversify Florida’s Aerospace Industry
Tax Efficiencies
Bonding Authority

3. Spaceport Improvement Program
Funds (FY12-19):
2000+ Direct Jobs
$225M+ State Investment
$750M+ Private Investment
$975+ Total Investment
Orbital Processing Facility 1 $9M
LC39A Commercial Heavy Lift Complex $10M
LC41 Crew & Cargo Access Tower $6M
LC40 Launch Capacity $10M
SLF
KSC
Comm. Crew & Cargo Processing Facility $20M
KSC
CCAFS
Exploration
Park $10M
LC-46
$5M
LC36 Commercial Orbital Launch Site $43M

4. Spaceport Infrastructure Investment Policy
Spaceport Infrastructure Program Investment Policy
Spaceport Infrastructure Investment Policy
Focus on expansion of future “capability and capacity”
Common-Use Infrastructure
Use of Space Florida “Structure” and ownership of improvements
Mechanism for Revenue Return for “Sustainability

5. Space Florida offers a conduit finance tool that allows companies to:
Conduit Financing
Space Florida offers a conduit finance tool that allows companies to:
Defer upfront CapEx on Facilities & Equipment
Achieve synthetic lease structure- FAR recoverable
Gain tax efficiencies (sales & ad valorem)
Facilities
Equipment

6. Over $1.0B Space Florida financing $1.3B additional outside financing
Investment Activity
Over $1.0B Space Florida financing
$1.3B additional outside financing
Chart – 3D SF one column/Outside second column with Table for # deals

7. Pathway to Fueling the Future of Space in Florida
Before
Launch
Recent
Launching/Landing
Building capsules
Re-using stages
R&D
Today
Manufacturing
… Launch Vehicles
Satellites and Spacecraft
Next
Space Logistics
&
“Spaceport Evolution”
Future
Low-Earth Orbit
Support Activity
Human / Robotic
Services
This is the path which drives our transformation We are thinking 30, 50 years out. It is why we are focused upon sustainability.