Morgan Stanley’s Space Team projects the flourishing $350 billion global space industry could triple by 2040, topping the $1 trillion plateau.
And Brevard County’s expanding space and aerospace sectors may just be warming up their engines, said Brian Baluta, vice president of communications and partner relations for the Economic Development Commission of Florida’s Space Coast. What we have happening now will be the envy of any community. But it’s to say that we’re on the cusp of a whole lot more.
“I think we’re really on the edge of liftoff. And that’s not to discount anything that’s going on now,” Baluta said. Read Rick Neale’s article in Florida Today Communications where he covered Brian Baluta‘s speech touting Space Coast economic growth given at the Melbourne Regional Chamber’s Small Business Council.
Click to read the full article in Florida Today.