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XCOR to establish new R&D HQ in Midland, Texas

9 Jul 2012, 16:24 UTC
XCOR to establish new R&D HQ in Midland, Texas
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Here is the official press release about the Midland-XCOR deal:

XCOR Aerospace and Midland Development Corporation Announce Establishment of XCOR’s New Commercial Spaceflight R&D Center Headquarters
Midland, Texas, July 9, 2012 – The Midland Development Corporation (MDC) and XCOR Aerospace jointly announced today the establishment of XCOR’s new Commercial Space Research and Development Center Headquarters that will be created over the next eighteen (18) months. XCOR manufactures reusable rocket engines for major aerospace prime contractors and is the designer, manufacturer and operator of the Lynx, a winged fully reusable, high performance suborbital space vehicle that is designed to safely carry two persons or scientific experiments to the edge of space and back up to four times per day.

“This is a great day for Midland and a huge step forward for the State of Texas. Visionary companies, like XCOR, continue to choose Texas because they know that innovation is fueled by freedom,” Gov. Perry said. “Whether on the cutting edge of biotech, communications, commerce or privatized efforts to serve the needs of the next generation of space explorers, you can find Texas at the forefront of the movement.”

XCOR will be establishing their new R&D center on the flight line ...

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