Regional
8:38 am
Wed December 31, 2008

Virgin Galactic Inks 20 Year Lease with New Mexico

Las Cruces, NM – Today the State of New Mexico and Virgin Galactic will execute a 20 year lease for the company to operate at Spaceport America in Sierra County. As KRWG's Evan Woodward reports, Spaceport America Executive Director Steve Landeene says the legally binding agreement could lead to as much as 250 million dollars of revenue coming into the state.