Starfighters Space Expands Midland, Texas Operations
Starfighters Space ("Starfighters" or the "Company") (NYSE:FJET), the aerospace company operating a commercial fleet of sustained Mach 2+ capable aircraft, is pleased to announce that it has increased its operational presence at the Midland International Air & Space Port, including the start of aircraft and hardware relocations to support an anticipated increase in mission cadence.
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Starfighters Midland: great-circle distances from Midland International Air & Space Port (MAF).
Key Highlights:
- Aircraft, engines, and support equipment are being relocated to Midland to support flight operations and customer programs.
- Midland expands access to nine locations, including spaceports, Air Force bases, and test ranges across the U.S. Southwest.
- The additional location, along with Starfighters' headquarters at NASA's Kennedy Space Center, gives Starfighters operational resilience and flexibility.
Starfighters is expanding its Texas operations to increase scheduling flexibility and to position assets closer to air, spaceport, and test-range infrastructure. The Company expects the Midland site to support a higher operational cadence and to provide geographic flexibility alongside its Florida operations.
Tim Franta, Chief Executive Officer, said, "Midland's strategic location allows us to reach nine different air and spaceport locations. The flexibility of the Starfighters platform allows us to scale operations rapidly, especially compared to static vertical launch sites."
From Midland, Starfighters can reach nine locations across Texas, New Mexico, Oklahoma, Nevada, Utah, and California: Ellington Field (Texas), Tinker Air Force Base (Oklahoma), Holloman Air Force Base (New Mexico), White Sands Missile Range (New Mexico), Spaceport America (New Mexico), Nellis Air Force Base (Nevada), a U.S. Air Force facility in Nevada, Utah Test & Training Range (Utah), and Vandenberg Base (California). The map below shows great-circle distances from Midland to these sites.
Starfighters is partnering with the Midland Development Corporation (MDC) on high-speed corridor initiatives focused on safe supersonic flight over land. The Company expects the Midland site to support these efforts as operational cadence increases.
At present, Starfighters reports four F-104 aircraft and 14 GE J-79 engines at Midland. The Company expects the number of aircraft and engines to double in the next 18 months.
Kennedy Space Center remains the Company's headquarters and a key operating location. The Midland expansion is intended to add capacity and geographic flexibility while supporting Starfighters' airborne testing and air-launch development programs.
About Starfighters Space, Inc.
Starfighters Space, Inc. operates a commercial fleet of sustained Mach 2+ capable aircraft and uses its aircraft as an airborne platform for high-speed testing and air-launch development. Headquartered at NASA's Kennedy Space Center in Florida, the Company supports government and commercial customers with flight operations, research support, and related aerospace services.
For more information about Starfighters Space, Inc. please visit: https://starfightersspace.com/.
FORWARD-LOOKING STATEMENTS:
Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States securities laws. These statements relate to analysis and other information that are based on forecasts or future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". We have based these forward-looking statements on information currently available to the Company, assumptions the Company believes are reasonable and our current expectations about future events or performance. While we believe these expectations are reasonable, such forward-looking statements are inherently subject to risks and uncertainties, many of which are beyond our control. Our actual future results may differ materially from those discussed or implied in our forward-looking statements for various reasons. Factors that could contribute to such differences include, but are not limited to, the ability to obtain the necessary permits and approvals to operate, the Company's ability to develop new products and/or services, the approval of the Company's application for a launch license and the timing thereof, the Company's expansion to Midland, Texas, the adoption by the market of the Company's method of satellite deployment, the Company's continued business arrangements, market trends and competition in the Company's industry, the future diversification of the Company's revenue streams and the assumptions underlying any of the foregoing, and other factors discussed in the Company's filings with the Commission. Consequently, all of the forward-looking statements are qualified by these cautionary statements, and there can be no assurances that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effect on, the Company. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. The forward-looking statements contained in this news release are made only as of the date hereof. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This news release shall not constitute an offer to sell or the solicitation of any offer to buy the Company's securities.
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