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Meeting Notice — Transportation & Economic Development Budget Subcommittee (February 12, 2025)

Summary

Committee Meeting Notice for the Transportation & Economic Development Budget Subcommittee of the House of Representatives, scheduled for Wednesday, February 12, 2025, at Mashburn Hall at 3:30 PM. The agenda lists a Space Florida Update and a Panel Discussion on Commercial Aerospace Industry in Florida. A Space Florida slide deck follows. It lists project counts by region, including Space Coast: 51 Projects and Central Florida: 26 Projects, and reads 114 Leads, 69 Opportunities, 4 Closing Total 187 Opportunities. A closing slide is headed THANK YOU and names a contact in Government Relations and External Affairs.

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Issuer
Congressional materials
Document type
2025 02 12 3284 Transportation Economic Development Budget Subcommittee Meeting Packets Fn
Date
2025-02-12
Case
2025 02 12 3284 Transportation Economic Development Budget Subcommittee Meeting Packets Fn Ted 2 12 25

Cite this document

“Meeting Notice — Transportation & Economic Development Budget Subcommittee (February 12, 2025).” Original at www.flhouse.gov, dated 2025-02-12. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2025-02-12-2025-02-12-3284-transportation-economic-development-budget-subcommittee-meeting-packets-fn-ted-2-12-25/, SHA-256 db3895239d846e4eafcbde921aa1d5f6b24ca0cfaab786c2d80467115576a87e.

Full text

       Transportation & Economic
    Development Budget Subcommittee
               Wednesday, February 12, 2025
                        3:30 PM
                 Mashburn Hall (314 HOB)




Daniel Perez                                  Jason Shoaf
Speaker                                             Chair
                                        Committee Meeting Notice
                                             HOUSE OF REPRESENTATIVES




                       Transportation & Economic Development Budget Subcommittee

Start Date and Time:              Wednesday, February 12, 2025 03:30 pm

End Date and Time:                Wednesday, February 12, 2025 05:30 pm

Location:                         Mashburn Hall (314 HOB)
Duration:                         2.00 hrs




Space Florida Update

Panel Discussion on Commercial Aerospace Industry in Florida




                                  NOTICE FINALIZED on 02/05/2025 4:07PM by CTR


 02/05/2025    04:07:54PM                                 Leagis ®                 Page 1 of 1
                          February 12 , 2025
Tr a n s p o r t a t i o n & E c o n o m i c D e v e l o p m e n t B u d g e t
                             Subcommittee




                                                                                 WWW.SPACEFLORIDA.GOV
                                                                                                        1
Space Florida is the Florida’s             aerospace fin a n c e a n d d e ve lo p m e n t
a u t h o rit y. In 20 0 6 a u n iq u e s t a t e s t a t u t e w a s e n a c t e d t h a t w o u ld o p e n t h e
d o o r t o m o re c re a t ive fin a n c in g o p t io n s a n d in fra s t ru c t u re a c c e s s –
m a kin g a e ro s p a c e ve n t u re s m u c h e a s ie r t o la u n c h .

As a s p a c e p o rt a u t h o rit y, Sp a c e Flo rid a d e ve lo p s c rit ic a l in fra s t ru c t u re ,
le a d s s t a t e w id e p la n n in g , a n d is re s p o n s ib le fo r b u ild in g , o w n in g , le a s in g ,
a n d o p e ra t in g ke y fa c ilit ie s , w h ile a ls o m a n a g in g a e ro s p a c e p ro je c t s
s t a t e w id e u s in g a d ive rs e fin a n c ia l t o o lkit t h a t in c lu d e s c a p it a l p ro g ra m s ,
s t ru c t u re s p ro vid in g fin a n c ia l a n d t a x e ffic ie n c ie s , in fra s t ru c t u re
in ve s t m e n t s , a n d c o n d u it fin a n c in g . Sp a c e Flo rid a 's b u s in e s s
d e ve lo p m e n t ro le s im p lifie s t re a s u ry, t a x, a n d in t e rc o m p a n y is s u e s ,
e n a b lin g m o re a g ile a n d e ffic ie n t a e ro s p a c e ve n t u re s .


To d a y, Sp a c e Flo rid a o ffe rs le a d in g a e ro s p a c e c o m p a n ie s unrivaled
experience, unmatched financial tools                     , a n d an unbeatable location                      fo r
t h e ir n e w in it ia t ive s .

Space Florida: Be Where New Ideas Take Off ™




                                                                                                                       2
3
                                                                                                    36

                                                      20
                                                                 5
                                                                                 6
                                                                           1
    Southeast:    20 Projects
    Southwest:      6 Projects
    Central Florida:     26 Projects
    Space Coast: 51 Projects                                                         26        51
    Tampa Bay:      16 Projects
    Northeast:   6 Projects                                           16
    West Central:      1 Project
    Big Bend:    5 Projects                                                      6
    Northwest:      20 Projects                                                           20
    No Specific Region Selected:        36 Projects

    114 Leads, 69 Opportunities,       4 Closing
                                                                 Total
                                                           187   Opportunities


                                                                                                         3
 $5.6 BILLION
CAPITAL INVESTMENT                      HIGH-Q UALITY J O BS
                                       RECRUITED & RETAINED

         P RO J ECTS IN
         P IP ELINE             15          STATE STRATEGIES
                                            IMP LEMENTED




32                             101.9 MILLION
       FLO RID A CO UNTIES
       SUP P O RTING
       P RO J ECTS           IN FUND ING TO SUP P O RT 30 RESEARCH
                             P RO J ECTS, P ARTNERSHIP S, AND GRANTS

                                                                       4
                                                            “AEROSPACE” TARGET MARKETS

   $68 Billion                      $421 Billion
 Global advanced air               Global MRO market by
mobility market by 2032                     2030




    $7 Billion                      $642 Billion
Global flight simulator            Aircraft manufacturing
   market by 2030                       market by 2033




                          $23 Billion
                     Global satellite
                    manufacturing &
                 launch systems market



                                                                                         5
                                                                                                      •
                                                                         •


•
    S PAC E F -L ~~ R-I D A
    B E   W H E R E     N -E W      I D EA S            T A K E   O F F •• ·




      THANK YOU              Contact Us
               Lindsay Pierce, Director of Government
                   Relations and External Affairs
                      lpierce@spaceflorida.gov




                                                                               WWW.SPACEFLORIDA.GOV
                                                                                                      6


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