Rocket Crafters Aerospace Firm Relocates To Titusville
By Ed Pierce // July 10, 2012
Expects Full Operations By 2017
BREVARD COUNTY • TITUSVILLE, FLORIDA – Rocket Crafters, a major aerospace company currently based in Utah, is setting up shop in the Titusville area.
At a news conference Tuesday afternoon at the Space Coast Regional Airport, local government officials joined Rocket Crafters executives in announcing the new business.
The company hopes to start operations in temporary facilities at Space Coast Regional Airport, but plans to have a 33-acre complex in place by 2014 to build rocket propulsion products and orbital products for a wide range of commercial applications.
Rockets Crafters was founded in 2010 to “develop and commercialize a family of synergistic and interrelated aerospace products” for commercial and military markets.
Ron Jones, President and Chief Technology Officer at Rocket Crafters, said the company considered locations in Utah, Texas, New Mexico and Colorado before choosing Titusville.
“We looked at the qualified workforce here and the willingness to turn the Space Coast Regional Airport into a major space port,” Jones said. “We also considered a number of business criteria.”
Rocket Crafters plan to employ a workforce of more than 1,300 by 2017.
“We are not going to create all these jobs overnight, we have a lot of milestones to reach before then,” Jones said.
Besides developing rocket motors, Rocket Crafters is planning propellant production and supply services to support hybrid rocket powered vehicle operators and rocket powered trainers, along with dual propulsion jet and rocket aircraft and suborbital spacecraft to train a new generation of astronauts and spacecraft command pilots.
In all, Rocket Crafters could bring about $96 million to North Brevard County in payroll and an overall economic impact of $48 million.
“We believe this is the best place in the world for us to do what we are planning,” Jones said.
About $72 million will be spent to help renovate Space Coast Regional Airport and Titusville’s mayor Jim Tulley said he was pleased to make the announcement of the company’s relocation here.
“I am not one to normally lose sleep, but I have been so excited the past few days I did not get much sleep,’ Tully said. “This did not happen by accident.”