April 10, 2014 |
SACRAMENTO - Private space companies, such as SpaceX in Hawthorne, would get a local property tax break on launch vehicles, fuel, satellites and other gear under a bill approved overwhelmingly Thursday by the state Senate. The proposal, AB 777 by Assemblyman Al Muratsuchi (D-Torrance), would create the exemption from local property taxes for a 10-year period that would end Jan. 1, 2024. Legislation is needed to modernize the state's tax code to encourage companies such as billionaire Elon Musk's SpaceX to build their rockets and spacecraft in California, Muratsuchi said.
March 26, 2014 |
About 150 employees at rocket engine maker Aerojet Rocketdyne in Canoga Park were told Wednesday that they would be laid off as part of a companywide reduction that the company says is related to last year's merger. Aerojet Rocketdyne was created by the sale of Rocketdyne to GenCorp Inc. for $550 million, a deal that was finalized last summer. It brought together two major California rocket companies - and longtime competitors. GenCorp already owned Aerojet, the Sacramento aerospace firm founded in 1942.
March 9, 2014 |
SACRAMENTO - California lawmakers for years have been battling ravenous metal thieves, who pull copper wires out of street lights, grab rebar from construction sites, and steal pumps and other costly equipment from farmers' fields. Now, a bipartisan group of legislators led by Assemblyman Brian Nestande (R-Palm Desert), is trying to put more manpower and money into the fight. Nestande's bill, AB 2313, would create a metal theft task force within the attorney general's office that would provide grants to local police and prosecutors.
March 5, 2014 |
Los Angeles billionaire Elon Musk, chief executive of Hawthorne rocket maker SpaceX, testified before Congress that the U.S. Air Force and other agencies are paying too high a price to launch its most valuable satellites into orbit. The government pays billions to a sole provider to launch nearly all of its spy satellites and other high-profile spacecraft, without seeking competitive bids. That provider is United Launch Alliance, a joint venture of aerospace behemoths Lockheed Martin Corp.
February 25, 2014 |
It's not the apocalypse. It just looks like that. Every few weeks, bright streaks and colorful, rolling waves appear in the California sky. They can startle those unfamiliar with their source, spurring speculation of aliens or apocalyptic visions. But the secret behind the heavenly artwork is much more mundane: frozen fuel exhaust crystals -- the trails of rocket launches from Vandenberg Air Force Base - combined with nature. Vandenberg, on California's Central Coast between Lompoc and Santa Maria, has been the site of military space projects for more than half a century.
December 13, 2013 |
Hawthorne rocket maker SpaceX is a step closer to taking over NASA's most historic launchpad, where the mighty Saturn V rocket made its moonshot and where the first space shuttle rumbled to life. The space agency confirmed Friday that it has chosen SpaceX to begin negotiations on a lease to operate Launch Complex 39A at the Kennedy Space Center in Florida. The pad is where Apollo 11 lifted off in 1969 en route to the first manned moon landing. It is also where the first space shuttle mission in 1981 and the last mission in 2011 were launched.