• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Techspace

Space Companies Restore Florida’s Status As Nation’s Launch Pad

By
Clay Dillow
Clay Dillow
Down Arrow Button Icon
By
Clay Dillow
Clay Dillow
Down Arrow Button Icon
February 5, 2016, 12:30 PM ET
SpaceX successfully lands its first reusable rocket
FLORIDA, USA - DECEMBER 21: (SpaceX HANDOUT - EDITORIAL USE ONLY/NO SALES ) A handout picture made available by SpaceX on 22 December 2015 shows a nine-minute exposure picture of the launch, re-entry, and landing burns of SpaceX's Falcon 9 rocket at Cape Canaveral Air Force Station, Florida, on 21 December 2015. Private space flight company SpaceX successfully returned a rocket to Earth following a satellite launch on 21 December after two earlier attempts failed. (Photo by SpaceX Handout/Anadolu Agency/Getty Images)Photograph by Anadolu Agency — Getty Images

Commercial spaceflight companies like SpaceX and United Launch Alliance (ULA) plan to launch more than 30 rockets from Florida this year, nearly doubling last year’s rocket traffic along Florida’s famed space coast. Driven by both government-backed science and military missions and climbing demand for commercial satellites, the area’s launch schedule is on pace to rival the headiest days of the space race.

“The last time we saw 30-plus launches would have been back in the 1960s,” Dale Ketcham, a business strategist with state-chartered development company Space Florida, told Reuters. That Apollo-era launch tempo is expected to continue rising as companies like Jeff Bezos’ Blue Origin bring new commercial rockets to market over the next few years.

Get Data Sheet, Fortune’s daily technology newsletter.

Alongside NASA’s presence at Cape Canaveral, Elon Musk’s SpaceX, United Launch Alliance—a joint venture between Boeing (BA) and Lockheed Martin (LMT)—and Blue Origin all either have or are developing launch facilities and rocket assembly infrastructure in Florida.

SpaceX leases launch complex 39—once the site of Apollo and later Space Shuttle launches—at Cape Canaveral. ULA operates from Cape Canaveral Air Force Station just to the south. Blue Origin announced in September that it would also launch from Cape Canaveral Air Force Station while locating a new state-of-the art rocket assembly facility at nearby Exploration Park.

Globally the commercial launch industry generates more than $250 billion in revenue annually, and Florida has in recent years worked aggressively to parlay its favorable geography and storied aerospace legacy into a modern commercial space industry hub. Its state-backed development company has helped facilitate the leasing of Cape Canaveral’s sprawling launch complex to commercial companies. The state is also working to develop a swath of unused NASA acreage north of Kennedy Space Center into a dedicated commercial spaceport.

Drawing the biggest names in the commercial space industry to those sites could go a long way toward restoring the space coast’s economic vitality, which has suffered in recent years following the winding down of NASA’s Space Shuttle program and the highly-skilled workforce it anchored there. Speaking at a Washington D.C. space conference Wednesday, SpaceX CEO Gwynn Shotwell reiterated SpaceX’s goal of eventually launching rockets every week, if not multiple times per week. The massive skilled workforce required to do so could push the space coast’s economy to new highs.

For more about SpaceX, watch:

Other states will share in the new space race as well. Both ULA and SpaceX also launch from Vandenberg Air Force Base in California. SpaceX is also building its own launch site in Texas’s Rio Grande Valley, though the first launch from that facility was recently pushed back a year to 2018 after engineers discovered the soil at the site isn’t stable enough to support the launch infrastructure, requiring crews to truck in new soil.

Florida’s busy 2016 kicked off this morning when a ULA Atlas V rocket successfully launched from Cape Canaveral Air Force Station at 8:38 a.m. carrying a Boeing-built GPS satellite for the U.S. Air Force.

About the Author
By Clay Dillow
See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

crew aboard artemis II
Innovationspace
‘It’s 13 minutes of things that have to go right’: Artemis II splashes down despite faulty heat shield
By Catherina GioinoApril 10, 2026
44 minutes ago
The Navy confirmed an ‘abundant amount’ of Uncrustables when the Artemis II crew lands. Smucker’s just offered them a lifetime supply
PoliticsFood and drink
The Navy confirmed an ‘abundant amount’ of Uncrustables when the Artemis II crew lands. Smucker’s just offered them a lifetime supply
By Catherina GioinoApril 10, 2026
3 hours ago
Three people sit behind a desk and look at the phone screen of the person in the middle.
Future of WorkConsulting
Meet ‘trendslop,’ the new, AI-fueled scourge of workplace consultants everywhere
By Sasha RogelbergApril 10, 2026
3 hours ago
Amazon is still paying Jeff Bezos an $80,000 yearly salary—but $1.6 million for travel and security
Big TechCEO salaries and executive compensation
Amazon is still paying Jeff Bezos an $80,000 yearly salary—but $1.6 million for travel and security
By Marco Quiroz-GutierrezApril 10, 2026
5 hours ago
Kash Patel sits with his two fingers on lips
CybersecurityIran
First they went after medtech, then Kash Patel. Iranian hackers’ next target is likely ‘low-hanging fruit’ in water, energy, and tourism, experts say
By Jacqueline MunisApril 10, 2026
6 hours ago
scott bessent
CybersecurityFederal Reserve
The AI that found 27-year-old vulnerabilities no human ever caught before just forced an emergency meeting with every major Wall Street CEO
By Jake AngeloApril 10, 2026
7 hours ago

Most Popular

The U.S. government is spending $88 billion a month in interest on national debt—equal to spending on defense and education combined
Economy
The U.S. government is spending $88 billion a month in interest on national debt—equal to spending on defense and education combined
By Fortune EditorsApril 9, 2026
2 days ago
A Meta employee created a dashboard so coworkers can compete to be the company's No. 1 AI token user—and Zuckerberg doesn't even rank in the top 250
AI
A Meta employee created a dashboard so coworkers can compete to be the company's No. 1 AI token user—and Zuckerberg doesn't even rank in the top 250
By Fortune EditorsApril 9, 2026
2 days ago
Mark Cuban admits he made a mistake letting go of the Mavericks: 'I don't regret selling. I regret who I sold to'
Investing
Mark Cuban admits he made a mistake letting go of the Mavericks: 'I don't regret selling. I regret who I sold to'
By Fortune EditorsApril 9, 2026
1 day ago
Schools across America are quietly admitting that screens in classrooms made students worse off and are reversing years of tech-first policies
Innovation
Schools across America are quietly admitting that screens in classrooms made students worse off and are reversing years of tech-first policies
By Fortune EditorsApril 10, 2026
17 hours ago
'I hate working 5 days': Zoom CEO says traditional work schedules are becoming obsolete—and predicts a 3-day workweek by 2031
Success
'I hate working 5 days': Zoom CEO says traditional work schedules are becoming obsolete—and predicts a 3-day workweek by 2031
By Fortune EditorsApril 9, 2026
1 day ago
 The world's 500 richest people made more than a quarter trillion yesterday as volatile markets react to fragile Iran war ceasefire
Economy
 The world's 500 richest people made more than a quarter trillion yesterday as volatile markets react to fragile Iran war ceasefire
By Fortune EditorsApril 9, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.