Projected to be worth over $1 trillion next decade, the space industry is witnessing a renewed boom. Here’s how West Virginia’s space industry stacks up.
“Space: The Final Frontier.”
“The Final Frontier” of humanity’s journey of discovery is now the next frontier for economic growth and technological advancement. While the global space economy lulled at the end of the Cold War, recent developments have caused it to surge at an impressive rate, reaching $546 billion in 2022, according to Bloomberg. With the space industry projected to climb by 41% over the next five years, states nationwide are vying for their piece of the cosmic pie.
Enter the humble yet adaptable state of West Virginia. Vertx Partners believes the state is poised to capitalize on this expected growth. But what will it take to carve out a niche for itself in the space industry?
West Virginia’s Space Industry
A modest but robust aerospace base lies at the heart of West Virginia’s emerging space sector. The West Virginia Economic Development office lists the following companies as several of the leading aerospace entities in the state:
- Collins Aerospace
- Pratt & Whitney
- Northrop Grumman
- Aurora Flight Sciences
- Constellium
- FCX Systems
- Lockheed Martin
- MHIRJ Aviation
These industry giants have found a home amidst the Appalachian Mountains, leveraging the state’s strategic location on the East Coast and skilled workforce to propel their ventures to new heights.
Another aerospace initiative worth discussing is the West Virginia Small Satellite Center (WVSSC) based in Morgantown. The WVSSC is a collaboration between West Virginia University and TMC Technologies that designs, develops, and operates SmallSat missions. The WVSSC has already launched SmallSats on behalf of the Mountain State, representing a milestone achievement in the state’s progress toward embracing aerospace.
NASA & Aerospace Education
West Virginian business’s current involvement in NASA’s Artemis Mission further underscores its role in space. Companies like Constellium and TMC Technologies play crucial roles in supporting NASA’s ambitious lunar exploration program, as detailed in this Vertx article. In Fairmont, NASA’s Katherine Johnson Independent Verification and Validation Facility (IV&V) testifies to the state’s commitment to ensuring the safety and success of high-profile NASA missions.
On the educational front, West Virginia University (WVU) is a beacon of academia, offering comprehensive Mechanical and Aerospace Engineering programs. From undergraduate to doctoral levels, these programs prepare the next generation of aerospace professionals to tackle the challenges of tomorrow, whether in industry, government research, or military agencies.
The Keystone Space Collaborative
Furthermore, West Virginia’s Keystone Space Collaborative (KSC) participation underscores its commitment to fostering regional collaboration and innovation. As a member of this tri-state initiative, alongside Ohio and Pennsylvania, West Virginia aims to attract and expand the region’s next generation of space industry businesses and talent. Establishing the Space and Defense Innovation District in Pittsburgh’s North Side, anchored by industry leaders like Astrobotic and AFWERX/SpaceWERX, exemplifies the collaborative efforts driving the tri-state region’s space economy forward.
One of Vertx’s most pivotal partners, Acoustic Research Systems (ARS), is also allied with the KSC. ARS’s CEO, Jeremiah Leiter, is a KSC Board Member and avid supporter of West Virginia’s space industry. Vertx Partners released a short film covering ARS and their innovative NEUTRON System that can be viewed here.
Efforts by the Keystone Space Collaborative, including securing significant funding from the Appalachian Regional Commission (ARC), highlight the concerted push to position West Virginia as a premier destination for space industry investment and innovation. Advocacy, fundraising, and policy initiatives prime the Mountain State to emerge as a critical player in the revitalized space industry.
Conclusion
While still in its infancy, West Virginia’s space sector shows immense promise. Industry giants call the state home, and a thriving ecosystem of start-ups is already making its mark on groundbreaking projects. As the global space economy soars, West Virginia can ascend alongside it – from the mountains of Appalachia to the craters of the Moon, Mars, and Beyond.
Vertx Partners dedicates itself to fostering collaboration and innovation. Named for the point at which two lines intersect, Vertx continues to engage and connect businesses in this sector with federal government opportunities. Are you interested in learning more or joining the Vertx Partners network? Contact us today.