Lockheed Martin‘s Rick Ambrose and Colorado Gov. John Hickenlooper led the ribbon-cutting ceremony for the company’s new commercial space business headquarters in Denver this week after a transition from the previous headquarters in Pennsylvania.
Lockheed said Wednesday the new office will house its program management, engineering and A2100 satellite operations, which deliver mobile and broadband communications services to global commercial clients.
“Colorado has been a leader in space exploration and innovation since the founding of our industry, and it continues to be a place where space-based business thrives,” said Ambrose, executive vice president of Lockheed’s space systems segment.
The company also expects the site to generate job opportunities and bring state income tax credits of up to $15.5 million, based on the Colorado Economic Development Commission’s new economic incentive program.
“The aerospace technology created in Colorado ““ from GPS to communications and scientific exploration ““ improves our lives every day, and the economic incentives announced today encourage job growth in this extremely high-tech, high-value sector,” said Hickenlooper.