Commercial rocket launches in Kodiak could resume in 2018
Kodiak, Alaska (KINY) The Alaska Aerospace Corporation has began work on starting a subsidiary company so it can do work in the private sector.
Aurora Launch Services should be established in January. The state stopped funding the corporation at the end of 2014 and there was a need to find new revenue streams. This move will allow Alaska Aerospace's launch site and complex to be made available to private companies.
Private companies have grown in the rocket industry in recent years because they can provide launch services cheaper than government can.
“The rocket launch industry has seen significant change over the past five years, with commercial companies like Space X, Rocket Lab, and others exploiting commercial market flexibility to provide lower cost launch services to both government and private sector industries” stated Dr. Robert McCoy, Alaska Aerospace Board of Directors Chair. “Aurora Launch Services will become an integral part of further decreasing the cost of launch, while providing Alaska Aerospace with a diversified source for revenues not generated solely from our Pacific Spaceport Complex – Alaska” he continued. “The Board is excited about continued growth for Alaska Aerospace and the innovative ways that the company is adapting to the changing space launch business” he concluded.
Alaska Aerospace Corporation is a state-owned corporation established to develop a high-technology aerospace industry in Alaska. Alaska Aerospace operates the Pacific Spaceport Complex – Alaska (PSCA) located on Kodiak Island offering all indoor, all weather, processing and providing optimal support for both orbital and sub-orbital space launches. Its corporate headquarters is in Anchorage, Alaska with a regional office in Huntsville, Alabama.
More from News of the North
Japanese Families Request Return of Soldiers' Remains
ANCHORAGE, Alaska (AP) — The grandson of a Japanese colonel who died in a World War II battle on a far western Alaska island is requesting that soldiers' remains be returned to their homeland.
Alaska Officials Complete State-Level Climate Policy Draft
JUNEAU, Alaska (AP) — Alaska officials have taken a first step toward a comprehensive plan to address climate issues in the state.
Parking Opens in Downtown Parking Garage After End of Legislative Session
Juneau, AK (KINY) - Legislative reserved parking has opened up in a downtown parking garage.
Soldotna Hiker Rescued by Helicopter
Seward, AK (KINY) - A Soldotna man was rescued after being stuck in three feet of snow while out on an extended hike.
Coast Guard kicks off National Safe Boating Week
Juneau, AK (KINY) - The USCG and USCG auxiliary are spreading awareness of boating safety as the summer kicks off.
Community day at UAS
Juneau, AK (KINY) - Juneau Arts and Humanities Council, Juneau School District, Juneau Jazz and Classics, and University of Alaska Southeast team up to hold community outreach event.
More funding for rape kit testing
Juneau, AK (KINY) - The capital budget increases with the looming task of processing rape kits.
Chinese trade delegation begins
Anchorage, Alaska (KINY) More than 40 Alaskans left today for a 10 day trade mission.
Forgotten war remembered
Anchorage, Alaska (KINY) This month is the 75th anniversary of the World War II battle in the Aleutians.
Friends of the museum hosts fiftieth birthday party
Juneau, AK (KINY) - Friends of the state museum, archives, and library celebrated half a century with live music and free admission.
Governor Walker, Attorney General Lindemuth discuss new designation
Juneau, AK (KINY) - Alaska is the last state in the nation to be designated a high intensity drug trafficking area, and will start receiving funding to help combat the drug epidemic.
Medicaid funding set to run out in June
Juneau, AK (KINY) - The summer Medicaid gap wasn't filled due to legislative disagreement, and now the state must decide which agencies will wait until July to get paid.