Latest news with #RobLong
Yahoo
2 days ago
- Business
- Yahoo
Project Beep, a confidential airspace firm, to lease land for $247M Merritt Island facility
Space Florida has authorized leasing 25 acres on northern Merritt Island for Project Beep, an undisclosed aerospace company that plans to build a future quarter-billion-dollar facility and create about 1,000 jobs just outside NASA's Kennedy Space Center. Little information has been publicly released about this confidential company. "It captures the increasing pace of activity around the world's busiest spaceport," Space Florida President and CEO Rob Long said during the authority's May 28 board of directors meeting. "Obviously, we welcome this growth and are excited about the bright future for the space industry here in Florida." By unanimous vote, Space Florida authorized completion of negotiations for a 30-year Project Beep lease for the last two remaining parcels of the opening phase of Exploration Park, which is managed in partnership with NASA. "Project Beep intends to set up manufacturing, research and development, laboratory, warehousing and office facilities to support aerospace operation at Cape Canaveral Spaceport," said Howard Haug, Space Florida executive vice president, treasurer and chief investment officer. "The project estimates total investment of $247 million and expects creating approximately 1,000 jobs at industry-average wages." During a post-meeting press conference, Long said Project Beep officials are still looking at building structural designs, and Space Florida will work with the mystery company on that topic during the next several months. Statewide, Space Florida reported it is pursuing 204 business opportunities. The Space Coast leads the way with 51 potential deals, followed by Central Florida with 28 opportunities and the western Panhandle with 24. The Space Florida meeting kicked off 3½ hours after SpaceX launched a Falcon 9 rocket from NASA's Kennedy Space Center into low-Earth orbit on another Starlink mission. The liftoff marked the 45th orbital rocket launch thus far this year from Florida's Space Coast. For the latest news from Cape Canaveral Space Force Station and NASA's Kennedy Space Center, visit Another easy way: Click here to sign up for our weekly Space newsletter. Rick Neale is a Space Reporter at FLORIDA TODAY. Contact Neale at Rneale@ Twitter/X: @RickNeale1 Space is important to us and that's why we're working to bring you top coverage of the industry and Florida launches. Journalism like this takes time and resources. Please support it with a subscription here. This article originally appeared on Florida Today: Space Florida to lease land for Project Beep aerospace firm, 1,000 jobs
Yahoo
05-03-2025
- Business
- Yahoo
Lunar Data Center Achieves First Success En Route To The Moon
Lonestar's Freedom Data Center Payload successfully meets all of its technical and commercial milestones in CisLunar Space ahead of Historic Moon Landing ST. PETERSBURG, Fla., March 5, 2025 /PRNewswire/ -- Lonestar Data Holdings has reached a historic milestone with the successful commercial test and operation of its data center en route to the Moon marking a pivotal step in establishing the first-ever commercial lunar data center as a new layer of critical resilient data center infrastructure serving the world. Since launching on the 26th February, Lonestar's Freedom data center payload has traveled over 300,000 kilometers and has now entered Lunar Orbit traveling to the Moon on Intuitive Machines' Athena Lunar Lander. En route to the Moon in CisLunar space , Lonestar's data center payload successfully completed a series of critical commercial operational tests, proving the viability, functionality, communication, and resilience of its data center technology in space. Notable achievements include: Successful test of data storage and Disaster Recovery for its Government and Enterprise customers. Here Lonestar executed file uploads, downloads, data encryption, decryption, authentication, and in-space data manipulation for its customers. Lonestar's payload successfully executed edge processing tasks in space, including data handling for Valkyrie AI, the Exploration Institute, and other key customers. Lonestar's payload successfully demonstrated its in-space endurance with all of its power, temperature, CPU memory, and telemetry readings remaining stable, demonstrating the survivability of Lonestar's technology in the harsh environment of space at both upper and lower operational limits. Lonestar's first commercial lunar data center is designed to provide secure, resilient, and independent storage for mission-critical data beyond Earth. It has now successfully demonstrated this for its key customers. Next Up: Preparing for Lunar Surface Operations With its data center successfully proven for in-space functionality, Lonestar is preparing for the next phase of its mission: lunar surface operations. When Athena lands as planned no earlier than March 6, Lonestar's technology will undergo additional tests on the Moon's surface, further validating its ability to store and process data in one of the most extreme environments known to humanity. A Historic Step for Data Storage in Space "Harnessing space as a resource for business, innovation, and long-term sustainability is key to driving the growth of the new space economy. At Space Florida, we are committed to advancing infrastructure and fostering partnerships that ensure Florida remains the premier hub for interplanetary commerce," said Rob Long, president and CEO of Space Florida. "Congratulations to our partners at Lonestar on another successful test mission to the Moon." "This is our Kitty Hawk moment. This is where the future begins for this new resilient layer of critical global infrastructure serving us all down here on Earth. This is an extraordinary moment for Lonestar and for the future of secure global data storage," said Chris Stott, CEO of Lonestar Data Holdings. "By proving that our technology can operate in space, we are one step closer to establishing the Lunar L1 Lagrange Point and the Moon as the ultimate off-Earth storage and data resiliency solutions. We are thrilled with the results so far and eagerly anticipate the next phase of this groundbreaking mission." Leveraging Earth's largest satellite, the Moon, and the space around it to ensure secure data storage with, data sovereignty, security, resiliency and redundancy will become increasingly vital. Lonestar is committed to pioneering lunar-based edge computing and storage solutions, ensuring that critical digital assets can be preserved independent of Earth-based infrastructure. With its successful milestones en route to the Moon, Lonestar is now poised to make history as the first company to operate a commercial data center on the lunar surface. About Lonestar Data Holdings Lonestar Data Holdings is a pioneering data center company utilizing space technology to provide a critical layer of resilient secure and compliant data center infrastructure to support a layer of secure, off-Earth data storage and computing solutions. By leveraging Cislunar orbits and the Moon's stable environment, Lonestar is developing a new paradigm for data sovereignty, security, and resilience for governments, corporations, and future space missions. Lonestar's mission is Resiliency as a Service (RaaS) for premium global secure data storage. To do this Lonestar is backing up terrestrial data centers and their premium customers via an independent space-based data storage and communications network . Lonestar has been founded by a proven team of experts from the Cloud and Space verticals to pioneer a future for data at the edge for all of us. Our mission is to apply abundance thinking and exponential technologies to the endless possibilities of lunar data storage for humanity and in so doing to the exploration of the Moon and beyond. Lonestar offers Global Backup, Global Refresh, and Global Restore. Lonestar's vision is fueled by remarkable investors led by Scout Ventures, 2 Future Holdings, Seldor Capital, the Veteran Fund. Irongate Global Capital, Atypical Ventures, Kittyhawk Ventures, and Backswing February 2024, Lonestar successfully tested its first data center from the Moon and in Cislunar space. Stay tuned for our next steps and giant leaps. Lonestar is committed to a carbon negative future. For more information about Lonestar Data Holdings Inc. and the Freedom Payload mission, please visit View original content to download multimedia: SOURCE Lonestar Data Holdings Inc. Sign in to access your portfolio
