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State Awards $5M Grant For Spaceport Development In Cameron County

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The growing space industry in the Lower Valley has gotten another financial shot in the arm.

The Cameron County Spaceport Development Corporation has been awarded a $5 million state grant. The money is half of what the Texas Legislature appropriated this past session for Spaceport Trust Fund grants. The other $5 million grant went to the Houston Spaceport Development Corporation.

The Spaceport Trust Fund is described as a financial tool to support the development of infrastructure necessary for establishing a spaceport in Texas.

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