Texas Launches $350M Space Commission to Boost Aerospace Leadership
March 27, 2024
Texas Governor Greg Abbott has established the Texas Space Commission with a $350 million budget to bolster the state's role in the space industry.
The commission will focus on space exploration, commercial aerospace, aeronautics, and aviation, offering grants through the Space Exploration and Aeronautics Research Fund.
Key aerospace industry players, including representatives from SpaceX and Boeing, are on the board of directors.
The Texas Aerospace Research and Space Economy Consortium (TARSEC) is tasked with integrating aerospace and aviation sectors into the Texas economy.
The initiative aims to position Texas as a dominant player in the national space industry, leveraging local resources like the NASA Johnson Space Center and SpaceX's Starship developments.
State legislature funding support is intended to enhance Texas's competitive edge in space exploration and aerospace economic integration.
Summary based on 11 sources
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Sources

Yahoo Finance • Mar 27, 2024
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AOL • Mar 27, 2024
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KXAN Austin • Mar 26, 2024
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Audacy Logo • Mar 26, 2024
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