AUSTIN (Austin Business Journal) — The Texas House of Representatives has approved legislation that would create the Texas Space Commission and the Aerospace Research and Space Economy Consortium.
Part of a $350 million program supported by Gov. Greg Abbott, the two entities are intended to support the development of a coordinated strategic plan to position Texas as a global leader in space travel, research and technology.
The commission would be directed by a nine-member board that oversees intergovernmental collaboration and provides funding. The consortium, meanwhile, would be led by a nine-member executive committee made up of representatives from major university systems in the state — it would identify opportunities for research that promotes development and commercial space activity.
Read the full story at Austin Business Journal.