Space Florida and The Florida Chamber of Commerce Recognize Legislative Leadership for Support of Florida’s Space Industry

Jacksonville, FL (May 9, 2012) – Today, Space Florida and The Florida Chamber of Commerce honored Senate President and Representative of District 26 (Melbourne) Mike Haridopolos and Speaker of the House and Representative of District 35 (Winter Park) Dean Cannon for prioritizing the Space Industry over this years budgeting process. Over the past three legislative sessions, President Haridopolos and House Speaker Cannon have delivered over $80 million to Florida’s Space Industry and passed countless laws to aide economic development entities, such as Space Florida.

Funding highlights from 2010, 2011, and 2012 made possible by Senate President Haridopolos and House Speaker Cannon, include:

* $82.1 million appropriated for the Space Industry

$51.1 million to Space Florida:

* Key Financing Funds

* Business Development

* $19 million for Launch Complex 36 & 46

* $7.5 million for Exploration Park

$31 million through FDOT for Space Infrastructure

* $20 million in space-related tax credits

Space business incentive tax credits

Research and development tax credits

* Reorganized Space Florida to assure a business minded Board of Directors

SB2156 in 2011 session

* Added additional liability protection for spaceflight companies in the United States

SB652 in 2011 session

* Added Cecil Spaceport as a “spaceport territory” allowing key infrastructure investment

HB59 in 2012 session

* Refined policy definitions to allow for more streamlined partnership with FDOT for key spaceport funds

SB634 in 2012 session

“We are extremely thankful to President Haridopolos and Speaker Cannon for all of their hard work and support involving Florida’s Space Industry,” noted Space Florida President Frank DiBello. “They have given our industry the opportunity for consistent growth.”

“The Florida Chamber believes it is critical that Florida maintain its legacy as a leader in space,” said David Hart, Executive Vice President, Florida Chamber of Commerce. “We thank both Speaker Cannon and President Haridopolos for their commitment to Florida’s space industry and for recognizing the importance of this innovative sector to Florida’s economy.”

About Space Florida: Space Florida was created to strengthen Florida’s position as the global leader in aerospace research, investment, exploration and commerce. As Florida’s aerospace development organization, we are committed to attracting and expanding the next generation of space industry businesses. With its highly trained workforce, proven infrastructure and unparalleled record of achievement, Florida is the ideal location for aerospace businesses to thrive – and Space Florida is the perfect partner to help them succeed. www.spaceflorida.gov.

Media Contact:

Tina Lange, APR

Space Florida

321-223-1013

tlange@cfl.rr.com